Texas-based NewQuest Epic Investments represented Paulding Commons owners in leasing 55,026 square feet to Hobby Lobby in the shopping center at the corner of Hiram-Acworth Highway and Jimmy Lee Smith Parkway in Hiram.
Paulding County Commission Chairman David Austin said the addition of the county’s first Hobby Lobby would give “another dimension” to Paulding’s growing retail sector.
“It will be a draw for the Hiram area,” he said. “For the art folks, I think it’s just wonderful.”
Hiram Mayor Doris Devey said Hobby Lobby’s opening in Hiram would help customers of the retailer who now must travel to the East-West Connector in southeastern Cobb County.
“They’re a very good company,” she said.
Its addition to Paulding Commons – which already had a regional draw with Academy Sports – will attract shoppers from as far away as western Cobb County, she said.
Austin said the county’s expected future economic development, including the new WellStar Paulding hospital and possible future industrial development near Silver Comet Field airport, “are a lot of the reasons people like Hobby Lobby and other businesses are coming to Paulding.”
Jason Maddox represented NewQuest Epic in the lease at 4109 Jimmy Lee Smith Pkwy., which is U.S. Hwy. 278. Steve Gunning with SRS Real Estate represented Hobby Lobby, which will join Academy Sports and Outdoors as anchors in the 209,000-square-foot shopping center.
Devey said she was sorry Kmart was departing from Paulding Commons after 20 years of operation. The company announced it planned to close its store in January.