Posner Commons is a 630,000 square foot development at the Southeast corner of Interstate 4 and US Highway 27 in Polk County, is owned by Trammell Crow Company, MetLife, and the Posner Family. Rodriguez is very positive about this new development and the opportunities it brings to Polk County.
"Posner is one of the largest projects in central Florida to be delivered mid-2008. It has a captive audience in the Four Corners/Polk County trade area with limited competition within a 15-mile regional trade area," says Rodriguez. "Polk County is projected to be one of the fastest growing counties in Florida over the next 20 years."
This 368-acre development is the perfect place for America's largest retailers as well as junior anchors, small shops, and outpads. The park is currently 80% leased with available spaces starting at 1,400 square feet. Target opened on March 4th, (photo at left above) with a series of large retailers soon to follow. Belk opened its doors on March 12th (photo at right) and Books-A-Million on March 14th. Best Buy and Staples are tentatively set to open in early to mid-April. Some of the other great tenants include JCPenney, PetSmart, Dick's Sporting Goods, Michael's, and Ross.
Larry LoCascio, Director of Asset Services at CB Richard Ellis, says, "It's a huge win for Asset Service Retail leasing and management. This win solidifies the CBRE name brand and strength as the premier Retail real estate services provider in Orlando as well as in the State of Florida. We are very excited about the opportunity."