Tuesday, MAB Development announced the first five retailers slated to join Publix at the Monroe Pavilion scheduled to begin development in the first quarter of this year. Ulta Beauty, Ross, Marshalls, Rack Room Shoes and Five Below have committed to bringing retails stores to the development off Charlotte Rowell Boulevard in Monroe. According to John Argo, president of MAB Development, Monroe Pavilion is expected to open in 2021. Groundbreaking on the development is expected sometime in the first quarter of this year.
ATLANTA (November 14, 2019) – MAB American, LLC (MAB) announced Thursday that Publix has signed a lease to anchor Monroe Pavilion with plans to open a 48,387-square-foot store. It will be located on 100 acres at US 78, GA HWY 138 and GA 11 and is known as Monroe Pavilion. This center is is slated to open in 2021 with a groundbreaking planned for the first quarter of 2020. Total investment for the entire 350,000-square-foot project will exceed $80 million.
“From the beginning, our vision for Monroe Pavilion has been to provide quality shopping and dining that meet the needs of residents of Walton County, and Publix signing on as the lead anchor tenant is a significant step toward reaching that goal,” said John Argo, President of MAB American Management, LLC. “As we prepare to break ground on the shopping center, we look forward to securing additional tenants that create a quality retail destination close to home.”
Monroe Pavilion currently features site commitments for 150,000 square feet of big-box anchor store, including Publix, two fashion merchants, a beauty chain and other retailers selling shoes, pet supplies, sporting goods and popular-priced general merchandise. For more information on leasing opportunities at Monroe Pavilion, contact Beau Young with Retail Specialists at 205- 314-0390 or email@example.com.
Since 1995, MAB has developed more than 2 million square feet of properties across the U.S. with a cumulative value in excess of $500 million. For more information, visitwww.mabamerican.com.
ABOUT MAB AMERICAN MANAGEMENT, LLC
MAB American Management, LLC, is a U.S.-based affiliate of MAB Corporation, a privately owned property development company that has been successfully operating since 1995. Established and owned by fifth-generation Melbourne property identities, Michael and Andrew Buxton, MAB has activities in residential, retail, business parks, commercial developments and investment management business, together with a company portfolio exceeding $11 billion. MAB has established a successful track record in managing property assets throughout Australia, New Zealand and the United States.