COLUMBIA, S.C., March 16 /PRNewswire/ -- Edens & Avant, one of the nation's leading retail real estate companies, is pleased to announce South Carolina Bank and Trust (SCBT) will open a branch location at Lexington Pavilion, a 230,000-square foot, Target-anchored center in development in Lexington, South Carolina. The opening of SCBT is planned for July 2007 and will coincide with the Target, PetSmart and Best Buy openings at the center.
"The South Carolina Bank and Trust announcement is an example of the anticipation and excitement the retailer roster at Lexington Pavilion is generating," said Lyle Darnall, Edens & Avant Vice President of Development, "and it fulfills our goal of bringing on a quality bank for the center, further enhancing our offerings here." At 4,800 square feet, the SCBT will be a full-service location with four drive-thru lanes and a drive-thru ATM, services not currently available at the existing SCBT location in Lexington.
"We are very excited to be a part of the growth and development of Lexington," said Brent Mackie, SCBT city executive, Lexington County. "As one of the fastest growing counties in the state, it is the natural next step in building out our statewide banking network. We look forward to serving the residents here and making banking with SCBT more convenient for our loyal customers." South Carolina Bank and Trust, the fourth largest bank headquartered in South Carolina, is a subsidiary of SCBT Financial Corporation (NASDAQ:SCBT). Serving the financial needs of South Carolinians for over 73 years, SCBT Financial Corporation operates 45 financial centers in 16 South Carolina counties and has assets exceeding $2 billion.
Edens & Avant develops, owns and operates neighborhood shopping places in primary markets throughout the East Coast. Focusing on innovative development and redevelopment together with key acquisitions in urban areas, the Company has a portfolio of more than 150 retail centers in 18 states. Edens & Avant has Regional Headquarters in Boston, Washington, DC, Atlanta, Miami and Columbia, SC (Corporate Office). For additional information about the Company and its retail real estate portfolio, please visit http://www.edensandavant.com/. DATASOURCE: Edens & Avant CONTACT: Julie Culbreath of Edens & Avant, Director of Advertising and Public Relations, +1-803-744-2446, Web site: http://www.edensandavant.com/
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