Menin Development Sells Magnolia Park for $155 Million

by Scott Reid

Greenville, S.C. — Formerly the Greenville Mall, Magnolia Park was purchased by a Menin affiliate in 2007.

Menin Development Inc. has sold the final parcel of its Magnolia Park development to an entity majority-owned by MetLife Core Property Fund for more than $155 million. Magnolia Park, an 800,000-square-foot mixed-use retail and entertainment project is located at the intersections of Interstates 85 and 385 and Woodruff Road in Greenville. Formerly the Greenville Mall, Magnolia Park was purchased by a Menin affiliate in 2007 and the mall was demolished and re-conceived. Magnolia Park features retailers that include Costco, Cabelas, Toys R Us/Baby’s R Us, Nordstrom Rack, Rooms to Go, Golfsmith, Pier One and DXL. Entertainment and restaurant tenants include Regal Cinemas, Yard House, Cheddars, Toby Keith’s I Love This Bar, Tucano’s Brazilian Grill, Grimaldi’s and Firebirds.

 

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