A developer from Winter Garden has acquired two prominent sites in Clermont's Plaza Collina mixed-use development.
According to Lake County records, a corporation connected to WMG Development paid $8.6 million on August 9 for nearby properties totaling 5.7 acres, or slightly more than $1.5 million per acre.
Plaza Collina (Orlando) ASLI VI LLLP, a company connected to the Avanti Properties Group of Winter Park, was the seller.
The properties border State Road 50 and are situated next to the 19.7-acre pparcel that Avanti Properties sold to Costco in November 2022 for $7.35 million. The 151,000-square-foot Costco is currently under construction.
Source: SFBJ