ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
The new co-owners of a Space Coast shopping center plan to reinvest in the property -- with new tenants on the way.
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Chestnut Hill, Massachusetts-based WS Development bought partial ownership of The Avenue Viera in May, giving it shared ownership of the 600,000-square-foot property with Newark, New Jersey-based PGIM Real Estate.
With the acquired ownership stake, financial terms of which were not disclosed, WS Development also is responsible for managing, leasing and marketing the 62-acre lifestyle retail center, which has more than 80 tenants supporting 1,300 employees.
Click here to read the full story on the Orlando Business Journal’s website.
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