This is a repost of a release published by Lowes Foods regarding new stores coming to Lexington, SC and Waxhaw, NC. MPV Properties’ Austin Easter represented Lowes Foods in both deals.
The news was also covered in the Charlotte Business Journal here: https://www.bizjournals.com/charlotte/news/2024/01/17/lowes-foods-expansion-waxhaw-grocery-stores-retail.html
Lowes Foods to Open Stores in Lexington, South Carolina and Waxhaw, North Carolina
WINSTON-SALEM, N.C. (JAN 17, 2024)—Lowes Foods, a Carolinas based grocer headquartered in Winston-Salem, has signed leases for two new stores. One store will be in Lexington, South Carolina at the Northeast corner of Platt Springs Road and South Lake Drive. The other store will be in Waxhaw, North Carolina at the Southwest corner of Providence Road and Prescott Glenn Parkway. Construction and opening schedules have not been determined.
The two new stores are in addition to the previously announced Lowes Foods stores coming to Aiken, South Carolina; Concord, North Carolina; Indian Land, South Carolina; Kannapolis, North Carolina; Marble Hill, Georgia; Summerville, South Carolina; and Winterville, North Carolina.
“We are entering a period of growth for Lowes Foods as we move into Georgia and continue to expand within our footprint in North and South Carolina,” Tim Lowe, Head of Retail, Alex Lee and President, Lowes Foods said. “The Marble Hill store in Georgia is a former IGA and is now under construction. It will likely be among the first of the new group of stores and will open this summer.
“Our growth in the Charlotte market is particularly exciting to us,” Lowe added. “We currently have three stores in the Charlotte market in Mooresville, Huntersville, and Harrisburg. With the four new stores, the number of Lowes Foods will become seven in the Charlotte market. We look forward to serving store guests at all our new locations and showcasing Lowes Foods’ passion for the local community.”
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