Hull Property Group Explained

Hull Property Group
Type:Private
Industry:Retail, real estate
Foundation:1977
Location City:Augusta, Georgia
Location Country:United States
Area Served:Southern & Midwestern United States

Hull Property Group is a shopping mall management company based in Augusta, Georgia. It was founded in 1977. The company owns, manages, and re-develops shopping malls in relatively small communities, mainly in the south and mid-west United States.[1]

History

The company was founded in 1977 as Hull Properties, renamed Hull/Storey in 1993, and became Hull Storey Gibson in 2008.[2]

Among its acquisitions are Regency Square Mall in Florence, Alabama, in 2002,[3] and Victoria Mall in Victoria, Texas in 2003.[4]

In 2007, Hull Storey offered eleven of its properties for sale. These malls were located in Alabama, Georgia, North Carolina, South Carolina, and Tennessee. The malls were to have been sold to Hendon Properties,[5] but the deal failed in early 2008.[6]

Hull Storey Gibson also bought Macon Mall of Macon, Georgia in 2010 and began renovations on it.[7] Danville Mall, formerly Piedmont Mall, was bought in 2013.

In September 2014, the company was restructured with the mall retail arm being renamed Hull Property Group.[8]

In January 2017, Hull Property Group purchased the Hudson Valley Mall in the upper Hudson Valley region of New York state.[9]

In January 2020, Hull Property Group purchased The Mall at Whitney Field, in Leominster, Massachusetts.[10]

In May 2021, Hull Property Group announced that it will purchase the Charleston Town Center Mall in Charleston, West Virginia.[11]

List of properties

Mall properties managed by Hull Property Group include:[12]

External links

Notes and References

  1. Web site: Hull Storey Gibson. https://archive.today/20131018033258/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=113396043. dead. October 18, 2013. Business Week. 18 October 2013.
  2. Web site: Company overview. Hull Storey Gibson. 18 October 2013.
  3. News: Bucking a trend. Sahurie. Emilio. 19 July 1995. Times Daily. 18 October 2013.
  4. News: Georgia-based firm plans improvements. Doyle. Thomas. 20 September 2003. The Victoria Advocate. 18 October 2013.
  5. Web site: Hull Storey to sell 11 malls. Cline. Damon. 21 November 2007. Augusta Chronicle. 18 October 2013.
  6. Web site: Milledgeville Mall sale crumbles. Cain. Alexander. 24 March 2008. The Union Recorder. 18 October 2013.
  7. Web site: Hull Storey Gibson buys Macon Mall. Sams. Douglas. 16 September 2010. Atlanta Business Chronicle. 18 October 2013.
  8. News: Jim Hull: Retail future is promising in Statesboro . 22 September 2014 . Statesboro Herald . DeWayne . Grice . 20 July 2018 .
  9. Web site: Kemble. William J.. Sale of Hudson Valley Mall complete, but new owner of Ulster property ties improvements to assessment deal. dailyfreeman.com. 6 January 2017. 10 January 2017.
  10. Web site: This Leominster mall just sold for $16M - Boston Business Journal.
  11. Web site: Flatley. Jake. 2021-05-10. Charleston mayor: Town Center Mall has a buyer in Georgia based group. 2021-05-10. WV MetroNews. en-US.
  12. Web site: Mall Properties . Hull Property Group . 20 July 2018.