HB Announces the Sale of the Old Indian Mall

HB Announces the Sale of the Old Indian Mall

“Over the past (24) months, our firm has been intimately involved at this intersection,” said Haag Brown Commercial Principal Joshua Brown. “We are in final negotiations with three tenants who will completely transform the old Kmart space at the Highland Square Shopping Center. We also led the conversion of the Coca Cola corner from an abandoned industrial building to a retail clothing store to a new technology office that will employ hundreds of people. We are now ready to make some dramatic changes on the old mall site as well.”

“Our team has worked up several different marketing campaigns,” said Joshua. “Most people in Northeast Arkansas have a warm, fuzzy, nostalgic feeling when they hear, “Indian Mall”. We may incorporate that into our name and branding efforts.”

“Kroger Marketplace has proved to be the single top regional draw in this retail trade area,” said Joshua. “Grocery stores tend to be the best anchor because of the daily traffic they generate. There will be restaurants and retailers who want to be next to Kroger.” The project is anticipated to greatly increase the city’s annual tax revenue while creating hundreds of jobs. “We are not ruling out any possibilities for this space,” said Haag Brown Commercial Principal Greg Haag. “We envision the old Indian Mall parking lot once again full of consumers and new employees. It will be a boost of momentum for the Jonesboro retail market.”