BUSINESS IS GOOD IN 2010

(July, 2010) Despite all the doom and gloom touted in today’s mainstream media, Hull Storey Gibson Companies is pleased to report that many of its mall properties are experiencing a welcome boost of activity. Jim Hull, Member Manager, complimented both the Leasing and Construction departments for performing exemplary jobs. More>>

NEW BERN MALL ANNOUNCES THE GRAND OPENING OF
          T.J. MAXX

(May, 2010) - Hull Storey Gibson Companies and New Bern Mall are proud to announce the Grand Opening of T.J. Maxx, the nation’s largest off-price retailer. T.J. Maxx will be the Mall’s newest anchor tenant and will occupy 18,973 square feet of retail space. The official Grand Opening will be held on Sunday, May 23rd. The opening ceremony will take place at 7:30am. To help celebrate the opening, T.J. Maxx will present a $5,000 check to Craven Smart Start, Inc. More>>

NEW ANCHOR TENANT TAKING UP RESIDENCE AT WILSON           MALL

(March 1, 2010) Wilson Mall announced that a lease agreement has been executed with Roses department store, a division of Variety Wholesalers, Inc. Mr. John Gibson of Hull Storey Gibson Companies, LLC, the company that owns and manages Wilson Mall, said “This is exciting news and serves as a visible sign of Hull Storey Gibson’s commitment to Wilson Mall. Furthermore, we are confident that through the addition of this anchor tenant the economic impact in the community will be significant.” More>>

CAROLINA MALL RENOVATIONS COMPLETE

(March 2010) Carolina Mall is boasting a fresh look, which includes new flooring and carpet, improved lighting fixtures, and the installation of wall murals with historic scenes of Concord and the surrounding area. Ky Widener, HSG’s Vice President of Leasing, stated “We anticipate the opening of a new Subway Restaurant soon, which will occupy approximately 1,850 square feet near the food court, allowing them to include an outside entrance to their facility.” Containing approximately 550,000 square feet, Carolina Mall was originally constructed in 1972 and extensively renovated in 1999.

NEW WALGREENS UNDERWAY IN EAST ATHENS, GEORGIA

(October 2009) Development of a new Walgreens is underway in East Athens. Located in the northwest quadrant of the Lexington Road (U.S. Hwy 78) and Cherokee Road intersection, the Walgreens site combines the former Golden Pantry gas and convenience store property with an adjacent outparcel. More>>

LEASING DEPARTMENT EXPERIENCING A RESPECTABLE           YEAR

(October 2009) Hull Storey Gibson Companies, LLC has weathered the year 2009 in great style. Unlike many retail property owners, HSG’s leasing department is flourishing with many new lease transactions and renewed leases throughout its portfolio. The leasing department has also been successful filling large spaces vacated by tenants who were adversely affected by the economy. More>>

HULL STOREY GIBSON PURCHASES LONGTOWN COMMONS

(September 2009) Hull Storey Gibson Companies, LLC recently purchased approximately 25 acres of prime development property at the intersection of Clemson Road and Longtown Road in North Columbia, South Carolina. Barry Storey indicated that the subject tract of land has already been subdivided, zoned, and graded for retail use. “We recently developed a facility for Lowe’s across the street and this land lends itself to both big box and small shop development.” Despite the recent economic downturn, HSG believes that well located sites should be pursued for future projects.

LEASE OF 27,540 SQUARE FOOT FACILITY IN STATESBORO           GEORGIA

(September 2009) Hull Storey Gibson Companies, LLC is pleased to announce it has entered a lease providing for a Beall’s Outlet at the Statesboro Mall, Statesboro Georgia. Beall’s Outlet is occupying 27,540 square feet. Jim Hull, Member Manager at Hull Storey Gibson, stated that the company is delighted to bring Beall’s to Statesboro. Mr. Hull added that Beall’s operates over 500 stores and will add to Statesboro Mall’s offerings of brand name apparel and accessories for the entire family at wonderful price points. Hull Storey Gibson has completely remodeled and upgraded the Beall’s facility at Statesboro Mall. Ky Widener, the Vice President of Leasing for HSG, indicated that he is confident that Beall’s will do well serving the thriving Statesboro market.

GREENWOOD MALL ANCHOR TENANT OPENED JULY 2009

(July 2009) Shoe Show, Inc. and Hull Storey Gibson Companies, LLC are proud to jointly announce the opening of The Shoe Dept. at Greenwood Mall in Greenwood, South Carolina. > Click Here for More Information.

LOWE’S STORES OPEN IN CARROLLTON, GA AND NORTH           COLUMBIA, SC WITH “BOARD SAWING” CEREMONIES

(March 2009) – In the first quarter of 2009 Lowe’s celebrated grand openings of two stores developed by Hull Storey Gibson Companies with “board sawing” ceremonies – the home improvement retailer’s unique version of a “ribbon cutting” event. Lowe’s Home Improvement stores opened their doors to shoppers in Carrollton, Georgia on January 15, 2009 and North Columbia, SC on February 2, 2009. The respective projects represent the 33rd and 34th locations developed by HSG throughout the Southeast over a twelve year period. Each store will employ approximately 150 associates, specialists and managers. In addition to an extensive special order program, both stores carry more than 40,000 in-stock products, many tailored to the local interest and climate.

In November 2008 HSG, commenced construction on a new Lowe’s project in North Charleston, SC - scheduled to open in late June 2009.

Lowe's has been operating home improvement stores for 60 years with over 1,625 home improvement stores in operation. The company is the second largest home improvement retailer in the world and is headquartered in Mooresville, NC.

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