1333 Saint Lucie West Boulevard Port St. Lucie, FL 34986
263,000 SF open-air shopping center anchored by Publix, Home Goods, LA Fitness, and Burlington. Acquired in 2002.
Sold in 2016 along with 13 acre parcel of land.
#1 volume Publix between Orlando and West Palm Beach.
Doubled rents since acquisition and achieved highest rents in market area.
Redevelopment included replacing former K-mart box with LA Fitness and Burlington, knocking down shop space for Home Goods, and development of 3 out parcels.
Completely renovated façade, parking areas and landscaping.