July 25th, 2014 10:38 AM by Ron Mastrodonato
PALM COAST, FL—Branch Properties is getting ready to launch a massive transformation of one of its newly-acquired Palm Coast, FL retail assets. The Atlanta-basedcommercial real estate firm is planning to redevelop Palm Harbor to offer a high-quality shopping center.
Branch and Michael Collard Properties acquired the 28.7-acre site from Chicago-based Inland Real Estate Group earlier this year. With a $40.8 million redevelopment loan from Synovus Bank, the owners aim to attract new tenants—and convince existing tenants to expand—in theretail center. The project hopes to revitalize the city’s original core.http://www.globest.com/news/12_908/southeast/retail/Palm-Harbor-Sees-Massive-Transformation-348562.html