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| Gulfstream Plaza, formerly Babies R' Us Plaza, West Palm Beach, FL |
West Palm Beach, FL, April 15, 2015 -- ICM Realty Group, the
international real estate investment and management firm, announced today that it
has completed its renovations of Gulfstream Plaza (formerly Babies R’ Us
Plaza), which it purchased in January 2014.
The fully renovated, 84,000 SF
center is well located on the dynamic Okeechobee Blvd corridor in West Palm
Beach, FL.
In addition to installing a new roof, exterior, store front,
landscaping and resurfacing the parking lot, the build-out of the center’s two
new co-anchor tenants was completed. Gordon Foods Service and Goodwill Industries
are now open and operating out of the former Babies R’ Us space.
“When we purchased the property in 2014 we committed to
undertaking significant capital improvements, which we’re pleased to say are
now complete,” said Andrew Webb,
ICM’s Managing Director.
“Additionally, through our strategic leasing and
marketing campaign we’ve successfully leased a majority of the vacant space,
and are currently 91% occupied.”
The property has been rebranded and renamed Gulfstream Plaza, which, along with the
completion of the improvement work, marks a significant milestone in the
project’s long history.
For a complete copy
of the company’s news release, please contact:
Andrew Webb
Managing Director, USA
Main: (651) 398-2662
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