The Shopping Center Group Arranges Leases for Academy Sports, PetSmart in Northwest Alabama

by John Nelson

FLORENCE, ALA. — The Shopping Center Group has arranged leases for Academy Sports + Outdoors and PetSmart this fall at Florence Square in Florence. The 63,000-square-foot Academy Sports and 18,500-square-foot PetSmart will replace a former Kmart at the property this fall. Other tenants at Florence Square include T.J. Maxx, Essex Bargain Hunt, Tuesday Morning, The UPS Store, Cici’s Pizza and H&R Block. Outparcel tenants include Wells Fargo and Bojangles. The owner, a joint venture between Triangle Capital Group and Arcadian Cap Group LLC, is planning a $15.3 million redevelopment of the 241,000-square-foot center. The ownership has engaged Mobile, Ala.-based Delaney Property Group LLC to co-develop the remerchandising.

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