Lumberton, N.C. — Carolina Commercial has broken ground on an $18 million renovation of Biggs Park Mall, a 250,000-square-foot shopping center located in Lumberton, roughly 32 miles south of Fayetteville. In addition to leading the redevelopment, the firm will oversee leasing, asset management and all future daily operations for the property.
The redevelopment includes a curated tenant mix and physical upgrades. New retail tenants include T.J. Maxx, Burlington and Five Below, along with several new restaurants. Carolina Commercial is also negotiating new lease extensions with existing retailers Shoe Show, Tomlinson’s, Bath & Body Works, Belk and Maurice’s.
The physical transformation includes new façades and storefronts, updated lighting and paving, as well as interior improvements. One of the project’s largest improvements involved converting the 40,000 square-foot former JCPenney department store into a space for T.J. Maxx and Burlington.