$2 million renovation will soon be underway
FORT PIERCE, Fla. (March 30, 2014) – Holland G&C Ft. Pierce, LLC, a Florida-based development team and joint venture between Grover Corlew and Holland Retail Advisors, LLC, has acquired Fort Pierce Shoppes at U.S. 1 and Ohio Avenue in Fort Pierce.
The company plans to modernize the retail center. The 42,980 sq.-ft. center will have a new façade, redesigned parking lot, fresh landscaping and enhanced signage when it reopens in August. West Marine, the world’s largest water life outfitter, has pre-leased 15,000 sq. ft.
“Fort Pierce Shoppes is ideally located in an area that is poised for further redevelopment,” said Mark Corlew, partner with Grover Corlew, a real estate investment management group focused on acquiring, developing and operating office, retail and multi-family properties across the Southeast U.S. “We have had tremendous interest from national retail chains and restaurants who are attracted to our plans for the center. This site has tremendous growth potential and we are excited to be here.”
At the heart of St. Lucie County, Fort Pierce is situated on Florida’s Treasure Coast and is a past Florida League of Cities City of Excellence Award winner for overall excellence in city government.
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About Grover Corlew
Led by experienced real estate veterans who have worked together since 2002 and who have more than 40 years of combined industry experience, Grover Corlew is a real estate investment management group focused on acquiring, developing and operating office, retail and multi-family properties across the Southeast U.S. Grover Corlew has offices in South Florida, Orlando and Atlanta and provides in-house asset management and property management services. The company is also an active developer with in-house development expertise as well as strategic relationships with tenants and local developers throughout the Southeast U.S.