Island Walk

Fernandina Beach, FL


Retail Shopping Center
209,216 Square Feet


  • 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