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Island Walk

Fernandina Beach, FL

Description

Retail Shopping Center
209,216 Square Feet

Services

Expanded Kmart from 67,332 SF to 86,476 sq. ft. with interior renovations
Combined local tenant spaces, totaling 16,845 sq. ft., redeveloped with courtyard area to create 34,665 sq. ft. space leased to Beall’s for 16 years
Purchased adjoining property to create valuable outparcel; sold and developed as 10,000 sq. ft. Surf Shop
Sold additional outparcel to AmSouth Bank
Refinanced mortgage