K. M. Biggs, Incorporated

Our Mission

To provide outsized value to our shareholders by carefully acquiring and managing Real Property

Our History

Kenneth Murchison Biggs began his career in merchandising in 1893 as the accountant, buyer, and general manager for Caldwell & Carlyle in Lumberton, North Carolina. Ten years later in 1903 he began his own mercantile business with $1,600 in inventory and a storefront on Elm Street in downtown Lumberton. His enterprise catered to the needs of the region's mostly agricultural based economy and grew rapidly.

K. M. Biggs, Incorporated was established as a corporation on January 26th, 1934 as a holding company for the business interests of K. M. Biggs during the throes of the Great Depression. Family members joined the business and other ventures were pursued. Soon K. M. Biggs, Incorporated's business holdings included a dry goods store, hardware store, tractor dealership, building supply store, farm supply division, and a warehousing operation. It also acquired a large amount of farmland and tobacco allotment. In 1952 K. M. Biggs, Incorporated was recognized in The State magazine as the largest tobacco grower in North Carolina with 400.2 acres of allotment. In 1963, the company updated its retail operations by constructing a shopping center on 28 acres on the outskirts of Lumberton to be named Biggs Park. Biggs Park became the new home for K. M. Biggs, Incorporated’s operations and included over twenty retail tenants,  anchored by the “Biggs Store”, a larger hardware and dry goods store.

Two decades later in 1984 the third and fourth generation officers of K. M. Biggs, Incorporated made the decision to downsize its retail operations and focus its resources on building more rentable space. On April 12 1984, the company announced its plans to construct “Biggs Park Mall” on the site of Biggs Park. Demolition started that year. Biggs Park Mall opened in 1985 and included Belk, J.C. Penney, Leder Brothers, Winn Dixie, and Eckerd Drug Stores among others.

Today K. M. Biggs, Incorporated is proudly managed by the fourth and fifth generation descendants of its founder and namesake. Its principal business is the acquisition and management of commercial, agricultural, and timber property. It owns properties leased to retail names like Advance Auto Parts, Bojangles, Dollar General, Hardees, Kentucky Fried Chicken, and Waffle House in addition to medical and office space. Biggs Park Mall is still owned by the descendants of the Biggs family and is still home to JC Penny and Belk.