ORLANDO, FL– CB Richard Ellis, the world’s leader in commercial real estate is pleased to announce Bobby Palta, (top right photo) Senior Associate in Retail Properties, represented CFT Developments, LLC in signing a 10-year lease on an 1,800-sq.-ft. building at U.S. 441 and Rolling Acres Road in Lady Lake, Florida to Trustco Bank, New York.
This branch will take the southern endcap to this outparcel retail building, joining The Home Depot, Panda Expre
ss and a new Sam’s Club that will soon begin construction. The bank is scheduled to open in Summer 2009.
ss and a new Sam’s Club that will soon begin construction. The bank is scheduled to open in Summer 2009.“The Villages/Lady Lake market will see the addition of dozens of new retailers at this intersection, and this should be a strong location for Trustco," says Palta. "There are still two availabilities within the center – one at 1,168-sq.-ft. and another at 1,600-sq.-ft.”
Contact: Bobby Palta, 407.839.3124, bobby.palta@cbre.com
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