Colliers brings Five Below to Parkland Plaza
October 3, 2024
Rox Pollard, Danny Bonds and John Gressette of Colliers | South Carolina represented Parkland Associates in the lease of ±10,898 square feet of retail space at Parkland Plaza to Five Below. The grand opening is set for October 11, 2024.
Five Below is a leading high-growth value retailer that offers a wide variety of household products at discounted rates. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below has nearly 1,700 stores in 44 states.
“Five Below will be a great addition to the Cayce and downtown Columbia community,” said Pollard. “It will occupy the vacancy left by Jewelry Warehouse and further enhance the many offerings that Parkland Plaza provides for the community.”
Parkland Plaza is a 174,833-square-foot shopping center located near the USC campus, Columbia’s Central Business District, the University of South Carolina baseball stadium and the nearby riverfront developments. Built in the 1950s, Parkland Plaza was recently renovated with a new contemporary look.
Current tenants at Parkland Plaza include Food Lion, ACE Hardware, Planet Fitness, Beall’s Outlet, The Kingsman, Capital Climbing Gym, H&R Block, Monterey Mexican Restaurant, Freeway Music, East Bay Deli and more. Other nearby retailers include Lizard’s Thicket, CVS Pharmacy, Dollar General, Zaxby’s and many more.
With approximately 28,000 vehicles passing by per day on Knox Abbott Drive and approximately 8,100 vehicles per day on State Street, the shopping center provides great visibility.
Pollard is a Vice President and Director of Retail Services at Colliers in Columbia specializing in the sale, leasing and development consultation of retail properties across the state. Bonds is a Senior Brokerage Associate specializing in the leasing of neighborhood shopping centers. Gressette is a Brokerage Associate working with tenants, landlords, sellers and purchasers to lease, purchase and sell retail properties of all sizes.
About Colliers
Colliers | South Carolina is the largest full-service commercial real estate firm in South Carolina with 66 licensed real estate professionals covering the state with locations in Charleston, Columbia, Greenville and Spartanburg. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina with a portfolio of over 23 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold the most professional designations of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our 22,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. With annual revenues of $4.4 billion and $96 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
