CONTACT: Courtney Hall
BIRMINGHAM, AL (September 10, 2020) – Developer MAB American Management and Retail Specialists, have secured Planet Fitness and Petsense for the Walton County, Georgia development, Monroe Pavilion. The development will be anchored by Publix and additional major retailers include Ross, ULTA, Marshalls, Rack Rooms Shoes, and Five Below.
Planet Fitness is set to lease 16,120 square feet, and Petsense will occupy 6,000 square feet. Upon completion Monroe Pavilion will be a 350,000- square-foot development, with an estimated investment of more than $80 million and 1,000 total employees. The shopping center is slated to open in Summer 2021.
“Since announcing Publix as the anchor tenant in the fall of 2019, we have worked to add retail, dining and lifestyle tenants that create a quality retail destination for our neighboars,” said John Argo, president of MAB American Management, LLC. “With the addition of Petsense and Planet Fitness, Monroe Pavilion broadens its offerings to better everyday life, and pending deals portend further expansion of the center very soon.”
“The response from retailers continues to be strong as they recognize the opportunity in the Walton County market,” stated Beau Young, executive vice president of Retail Specialists. “We are pleased to have signed on Petsense and Planet Fitness and look forward to announcing additional leases soon.”
Retail Specialists is negotiating all leases for the development and currently has several outlots available. Ideal tenants include restaurants and service-based retailers.
For additional information visit Monroe Pavilion or contact Beau Young at 205-314-0390.
About MAB American Management, LLC
As the American partner of Australian-based developers MAB Corporation, we draw from a rich history of exceptional real estate developments and add our own brand of American grit. We know what it takes to get the job done without sacrificing quality or schedule. We are nimble problem-solvers able to tackle any issue that may arise.
About Retail Specialists
Retail Specialists, LLC (RSI) is the premier retail real estate services firm in the south. We are committed to long-term relationships in property management, retail representation, development, and leasing and brokerage. Founded in 2005, we’ve thrived through tough times and shine under pressure. A unique mix of experience, technology, and data have proven successful in a business we love.