Thursday, July 27, 2017

Fimiani Development Corp. Acquires Willow Tree Plaza in Cookeville, TN


Willow Tree Plaza, Cookeville, TN

Mike Fimiani
BOCA RATON, FL (July 27, 2017) – Fimiani Development Corporation has acquired Willow Tree Plaza in Cookeville, Tenn. from Willow Tree Partners for $4.225 million.

The 110,000 square-foot shopping center, located at 138 Willow Avenue in Cookeville, is anchored by Save A Lot, Harbor Freight Tools, Aaron’s and Family Dollar. Boca Raton, Fla.-based Fimiani Development Corporation plans extensive renovations to Willow Tree Plaza including repainting the center, adding a new roof and repaving the parking lot.

“Willow Tree Plaza’s close proximity to the historic downtown and central business district, Tennessee Tech University and Cookeville Regional Medical Center makes it an appealing location for retailers,” said Mike Fimiani, president of Fimiani Development. “We look forward to renovating the property which will add value not only for our tenants but also for the community.”

Fimiani represented Fimiani Development and Zach Taylor and Jonathan Gerzburg of Marcus & Millichap represented the seller. For more information, visit www.fimiani.com.

Zach Taylor
 Fimiani Development Corporation is a boutique development firm located in downtown Boca Raton, Fla. focused on creating value by redeveloping retail and commercial real estate projects throughout Florida and the southeastern United States.

What differentiates the company from others is its size, experience, focus and attention to detail. Services include acquisition and redevelopment of existing shopping centers; consultation in developing third-party leasing programs; performing third-party leasing assignments of retail centers; and receivership and workout assignments of retail, commercial and residential real estate projects.

For more information visit www.fimiani.com.

For a complete copy of the company’s news release, please contact:

Samantha Van Nuys
Pierson Grant Public Relations
6301 Northwest 5th Way, Suite 2600
Fort Lauderdale, FL  33309
P: (954) 776-1999  ext. 115
F: (954) 776-0290

                          
High Impact Digital

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