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Woolbright Development, Inc. Purchases Lake Worth Shopping Center.


BOCA RATON, Fla. -- Woolbright Development, Inc., is pleased to announce the purchase of Pinewood pine·wood  
n.
1. The wood of the pine tree.

2. A forest of pines. Often used in the plural.
 Square, a 130,000 square foot neighborhood shopping center in Palm Beach, Florida Palm Beach is an incorporated town in Palm Beach County, Florida. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth. As of 2000, Palm Beach had a year-round population of 10,468, with an estimated seasonal population of 30,000. . Pinewood Square is located on the southeast corner of Lantana lantana (lăntā`nə): see verbena.
lantana

Any of more than 150 shrubs that make up the genus Lantana in the verbena family, native to the New World and African tropics.
 Road and Jog Road in Lake Worth.

"With an area that is growing rapidly, we know that there is a high demand for space and therefore we decided to expand the center by 45,000 feet," said Mike Fimiani, Vice President of leasing. "We purchased adjacent land earlier this year and have already leased retail space before we have even broken ground."

Anchor tenants include Publix and Walgreens while Blockbuster, Radio Shack, Cold Stone Creamery Cold Stone Creamery is an ice cream parlor chain based in Scottsdale, Arizona, United States.[1] History
The company was co-founded in 1988 by Susan and Donald Sutherland (unrelated to actor Donald Sutherland), who sought ice cream that was neither hard-packed
 and Hair Cuttery compliment the tenant mix. Woolbright's leasing team is currently securing retailers for the expansion area including The Sanctuary Spa, an upscale day spa and Palm Beach Martial Arts and Fitness.

Woolbright will enhance the aesthetics of Pinewood Square by painting the plaza, improving the parking lot and upgrading landscaping.

Woolbright Development Inc., a real estate investment firm based in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. , acquires and develops neighborhood and community shopping centers throughout the State of Florida. During our twenty-year history of providing residents with quality shopping establishments and investors with exceptional real estate performance, Woolbright has redeveloped more than 5.5 million square feet of retail space and developed 2 million square feet of shopping center space. Other Woolbright centers in South Florida include River Bridge in Greenacres, Glades Glades may refer to:
  • Glade (geography)
  • Glades County
See also
  • The Glades
 Plaza in Boca Raton, Plaza Del Mar in Manalapan, and South Dade in Cutler Ridge.

For more information about Woolbright Development, Inc. please contact Michael Fimiani at 561-989-2240 or visit http://www.woolbright.net.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 16, 2005
Words:277
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