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TRADEMARK PROPERTY CO. TO MANAGE, LEASE AND REDEVELOP GLADES PLAZA IN BOCA RATON, FLORIDA
Redevelopment to focus on property evolution for well-located center
BOCA RATON, Fla. (June 3, 2015) – Trademark Property Co. has been retained by L&B Realty Advisors to manage, lease and redevelop Glades Plaza, a 182,704-square-foot retail center in Boca Raton, Fla. Glades Plaza is located on the Southeast corner of Glades Road and Butts Road, across from the prestigious Town Center at Boca Raton, one of the top performing malls in the United States.
“We are excited to partner with L&B to evolve this world-class real estate into a mixed-use development that realizes its full potential,” said Terry Montesi, CEO of Trademark Property Co. “We will start this strategic planning process by listening to the stakeholders and come up with a long-term plan to guide our redevelopment efforts in the coming years. We believe the property has tremendous upside and are ready to get started.”
Trademark begins its management and leasing duties immediately.
The addition of Glades Plaza expands Trademark’s portfolio to 16 retail, lifestyle, and mixed-use projects totaling more than 6.2 million square feet operated by the company across the U.S. For more information about Glades Plaza, visit trademarkproperty.com/property/glades-plaza.
Trademark Property Co. is an operator, investor and developer of award-winning, mixed-use town centers, specialty, community, power centers and enclosed regional malls. Since 1991, the Fort Worth, Texas-based Trademark has invested in, or developed over 11.5 million square feet of retail and mixed-use assets worth over $2 billion. Trademark’s experienced team of 100 employees is responsible for more than 6.2 million square feet of retail and mixed-use projects currently in operation or development/redevelopment, including: Alliance Town Center (Fort Worth, Texas), Burr Ridge Village Center (Chicago, Ill.), Glades Plaza (Boca Raton, Fla.), La Palmera (Corpus Christi, Texas), Market Street Flowood (Flowood, Miss.), Market Street – The Woodlands (The Woodlands, Texas), Napa Center (Napa, Calif.), Rice Village (Houston, Texas), Saddle Creek (Germantown, Tenn.), The Shops at Highland Village (Highland Village, Texas), The Shops at La Palmera (Corpus Christi, Texas), Hillside Village (Cedar Hill, Texas), Victory Park (Dallas, Texas), Watters Creek (Allen, Texas), Waterside (Fort Worth, Texas), and WestBend (Fort Worth, Texas). For more information, visit www.trademarkproperty.com.