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Woolbright Development, Inc. Purchases Three Retail Centers this Week.


BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- Woolbright Development, Inc. is proud to announce the acquisition of three South Florida shopping centers totaling 510,311 square feet during the week of May 2nd.

Woolbright Development, Inc. is quickly becoming a dominant owner (Law) one who owns lands on which there is an easement owned by another.
- Bouvier.

See also: Dominant
 of shopping centers within the state of Florida. Today the company purchased both Glades Glades may refer to:
  • Glade (geography)
  • Glades County
See also
  • The Glades
 Plaza, a 181,976 square foot shopping center in Boca Raton, Fla. and River Bridge, a 223,335 square foot community center located in Green Acres, Fla. The two centers reside in Palm Beach County. On Wednesday, May 4th, Woolbright acquired Galt Ocean Marketplace, a 105,000 retail center located on the famed Galt Ocean Mile in Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.

"Three acquisitions in one week is a great feat. We are the largest private developer of shopping centers in Florida and we will continue to expand our portfolio," stated Mike Fimiani, VP of leasing.

Glades Plaza, along with its key location, high traffic count and affluent clientele, houses notable retailers such as Brewzzi's, Relax the Back, Starbucks, 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
, Dolly Duz and Palladio of Boca Raton.

Anchored by Publix, Walgreens, Kaiser Career College and World Gym World Gym is an American chain of gyms, reportedly the second largest worldwide in 2002 after Gold's Gym.[2] Founded in 1977 by Joe Gold seven years after he sold the Gold's Gym chain, its first location was in Santa Monica, California. , River Bridge, is an established neighborhood shopping center that is situated in a community that is experiencing significant growth, an increase of 15% is forecasted through the year 2009.

Galt Ocean Marketplace lies in the heart of the beach community in a market area that is populated with more than 203,000 people with an average income of $83,500 per year. Its noteworthy retailers include Winn Dixie, Bealls Outlet, McDonald's, Winestyles and Southtrust Bank.

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 Sea Ranch Centre in Sea Ranch Lakes, Palm Lakes Plaza in Margate, 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.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 6, 2005
Words:380
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