WMG Development recently acquired a 5.5-acre site in Winter Park, where the company is headquartered.
Orange County records show that WMG Development paid $4.1 million on Sept. 8 for the site, located at the northwest corner of Avalon Road and Marsh Road/Stoneybrook West Parkway. A development with a freestanding Heartland Dental and a small 10,000-square-foot retail building with a drive-thru end-cap opportunity is planned for the land.
WMG Development's other recent activity includes:
- spending $8.6 million to buy 5.7 acres in Clermont, near where a Costco is being built
- ramping up plans for a Publix-anchored shopping center in Apopka
- and it recently put the finishing touches on its nearly 9-acre, seven-parcel Narcoossee Cove retail project, near Lake Nona.
Source: OBJ