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Old wal-mart gets new life as Ole Miss outreach center.

Publication: Mississippi Business Journal
Publication Date: 22-DEC-03
Format: Online - approximately 857 words
Delivery: Immediate Online Access
Full Article Title: Old wal-mart gets new life as Ole Miss outreach center.(Focus Real Estate)

Article Excerpt
OXFORD--Often old Wal-Mart buildings will stand vacant for years when the retail giant moves out to establish a Wal-Mart Supercenter nearby. But that won't happen with the old Wal-Mart in Oxford Mall, located across the street from the main campus of the University of Mississippi (UM).

The UM Foundation has used $2.6 million in private funds to purchase the old Wal-Mart, which will be used to ease campus overcrowding after being renovated for use as classroom space and as a innovation and outreach center to enhance small business development.

The 92,000-square-foot building was one of two anchor stores in the 260,000-square-foot mall. The old Wal-Mart had been vacant for about a year before its purchase by the UM Foundation. The building comes along with a parking lot...

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