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Lowe’s, seven others, sign on at Lake Nona
Lowe’s has signed on as the third anchor at Lake Nona Landing, the newly opened shopping center within the 17-square-mile Lake Nona master-planned community outside of Orlando, Fla. The 158,000-sq.-ft. home improvement store joins current anchors Walmart Supercenter and Sam’s Club. Developer Tavistock Development announced it has also executed leases for seven other retailers at the 53-acre site: TJ Maxx, Mattress One, Firehouse Subs, Anthony Jewelers, UPS, Rubio’s, and GNC. -
InvenTrust buys adjoining centers in Pembroke Pines
Acquisition-minded Inventrust Properties has announced the purchase of two adjoining centers in Pembroke Pines, Florida, for a total of $163 million. Following completion of an expansion project later this year, the two will total 389,000 sq. ft. The dominant Westfork Plaza is anchored by Costco and Regal Cinemas and includes Ross Dress for Less, T.J. Maxx, and Petco. The adjoining Paraiso Parc is a Publix- anchored center with restaurants including Firehouse Subs and necessity-based retail.