The firm will lead operations at Legacy Place in Palm Beach Gardens.
PALM BEACH GARDENS, Fla. (May 31, 2024) – Trademark Property Company (Trademark), an investor, developer and operator of mixed-use centers, today announced it will assume management of Legacy Place, a 427,000-square-foot super regional shopping center on 43 acres located in Palm Beach Gardens, Florida, just east of I-95 at the PGA Boulevard and A1A interchange. The national real estate firm will apply its leasing, mixed-use development and asset management expertise to increase value through re-merchandising and incremental capital investment.
Legacy Place benefits from its open-air, walkable format and prime location along PGA Boulevard directly across from The Gardens Mall, the premier A+ luxury mall destination in northern Palm Beach County. Anchored by Barnes and Noble, Ethan Allen, The Container Store, Total Wine, Best Buy, The Capital Grille and more, the center also features traditional retail, restaurant, office, health and wellness and service uses to cater to the growing residential and daytime population in the immediate submarket. Since 2022, ownership has executed over 96,000 square feet of new leases while making significant streetscape, landscape and access improvements to accommodate demand from best-in-class operators.
“South Florida continues to experience high growth and demand, and we are thrilled to expand our national portfolio into this thriving market with Legacy Place,” said Nancy San Pedro, Senior Vice President of Asset Management at Trademark. “We look forward to building on the success Legacy Place has already seen by implementing our proven approach to leasing and merchandising, community-focused programming and creative placemaking strategies.”
Trademark’s mixed-use, retail and institutional services portfolio now spans 18 properties and includes Galleria Dallas, Lincoln Square, Left Bank, WestBend, Waterside, 5000 S Hulen and Alliance Town Center in Dallas-Fort Worth; Market Street – The Woodlands in The Woodlands (Houston); Annapolis Town Center in Annapolis, Maryland; and North Point in Alpharetta (Atlanta); among others.
About Trademark Property Company:
Trademark Property Company is a full-service real estate firm focused on investments, development, and institutional services of retail, multifamily, office and mixed-use properties. Fort Worth, Texas-based Trademark has invested in, developed, or redeveloped 21 million square feet of mixed-use, multifamily, and retail assets worth $4.6 billion. Trademark’s experienced team of more than 138 employees is currently responsible for an 18-property portfolio of over 8 million feet of mixed-use and retail projects across the country. A three-decade leader in navigating the changing mixed-use real estate landscape, Trademark’s purpose is to be extraordinary stewards, enhance communities and enrich lives. For more information, visit www.trademarkproperty.com or interact on Facebook, LinkedIn and Instagram.