Thomasville, North Carolina (April 2022) – The Morgan Companies (“Morgan”) will be developing a new Walgreens prototype at 909 Hasty School Road, Thomasville, NC adjacent to the Thomasville Crossing retail center. Morgan has a long- standing relationship with Walgreens, developing over 100 stores for the company throughout the Southeast U.S.
Morgan, through its affiliate SDC IV Thomasville, LLC, acquired the 3.65+/- acres on April 8, 2022.
The freestanding 2,560 SF Walgreens will be targeted to pharmacy and over-the-counter healthcare products. The new building with have a drive-thru and its own dedicated parking area. Construction is intended to begin in Summer 2022 with an anticipated opening at the end of this year.
Trey Morgan, President of Morgan, said, “We wish Walgreens much success with this new and innovative format, and are proud to be part of their roll-out to the Thomasville market.”
About The Morgan Companies
For more than 45 years, the professionals at The Morgan Companies have produced quality commercial developments for its principals, clients, and investors. They have acquired, developed, managed, and leased over $1 billion in multi-sector assets in markets across the eastern U.S.
They handle all phases of the complex development process from site selection and governmental approvals to financing and construction. They also provide effective leasing programs and property and asset management services for retail shopping centers, office buildings, hotel, medical facilities, and single-tenant properties. Their working relationships with national, regional, and local tenants build sustainable occupancy levels and tenant mixes that reduce the likelihood of future turnover. For more information, please visit www.themorgancos.com.