'Other' shop rmiiiiniimminiiiimiiitri the shopping tenter (to Smith Reynolds Airport)," he says. "We're right in the flight path." Oliver purchased Jetmart in 1980. "At the time the rent was low and I got a good deal out of the purchase," he said. Both the Jetway and Jetmart were white-owned before Oliver purchased them. He attributes the quick sales and good prices to i4white flight." "During the 1970s, there were riots," he says. "The whites wanted to sell their land in the black community. If it was exposed (to the riots), they sold it." Oliver says both of his shopping centers have "a lot to offer" shoppers and busihess people alike. < For instance, both centers have provided homes for new black businesses, he says, although Oliver says he must carefully screen the new ventures before they become tenants. "Many black people come in attempting to start businesses and fail," he says. "1 got to the point where I had to limit the number of new businesses I would rent space to. I looked for stable businesses to stabilize the shopping center." Oliver says that each of the 16 businesses located in Jetway and the five located in Jetmart are stable and are doing well. The construction of the East Winston Shopping Center on Claremont Avenue does not bother Oliver and he does not consider the larger center, whose centerpiece is a thriving Food Lion grocery store, competition. He calls it "an asset to the entire community." "They (the tenants of the East Winston Shopping Center) have increased overall business in the area," he says. "Some of that * taMiMMKtpalte'OveBa?m<*tJ?twaye ^^rT^Tdeve brings more and more people into the area to shop. The development increases the value of everyone's property." Jetway's niche in the market is small businesses, Oliver says. "Many small businesses are looking for a place to move their business into," he says. So many, in fact, that no retail or office space is available at present in either of Oliver's shopping centers. When there is space to rent in his shopping centers, Oliver says, it's a hot commodity. So he's able to pick and choose the kind of tenant he wants, he says. 4 * f:' f i : | 1 | " i Menthol < Lights Mer I* Warning: The Surgeon Ge That Cigarette Smoking Is 0 Menthol 14 mg "tar.' 0 "tar." 0 6 mg nicotine a r i sday, October 3, 1986-Page A3 "We need a hardware store, paint store, garden shop and drug store on this side of town," he says in partial agreement with his landlord. "That's what we need now." >m I IJ MMI F, [ #j - i WJB / mm iHI recently at Shaw University in g way, baby 4A 1 1S m. ^ lk<-'ym ,ms K w r?n u,. ?& ^ h0^ j& and ithol neral Has Determined angerousto Your Health. 9 mg nicotine - Lights Menthol 8 mg v per cigarette. FTC Report Feb 85