We saw the challenges as an opportunity to reposition the property, improve cash flowand add value to the community. Taking advantage of the property's prime location, Libby re-leased the former Wal-Mart to T.J. Maxx and Hobby Lobby, and added a Kroger Fuel Center to its retail mix.

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The H.L. Libby Corporation seeks to find and acquire financially challenged retail centers and apartment complexes in superior locations in small, mediumand large markets throughout the Southeast, mid-Atlantic and Midwest regions. The Libby Corporation's objective is to add value to these properties through well-researched and creative redevelopment strategies. The Libby Corporation also strives to build long-standing relationships with its tenants and lenders while striving to provide superior returns with steady cash flow in an up or down market.

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