WS Development, a mixed-use developer based in Massachusetts, has partnered with PGIM Real Estate to manage and co-own The Avenue Viera, a 550,000-square-foot open-air lifestyle center located in Viera Florida. Home to an array of retailers and dining options alike, this is WS Development’s third investment in the Sunshine State following The Royal Poinciana Plaza in Palm Beach and Hyde Park Village in Tampa.
Jeremy Sclar – Chairman & CEO of WS Development – expressed his enthusiasm for the acquisition stating: “We are thrilled to expand our presence into Florida; it’s one of the top destinations that continues attracting residents and visitors while fostering growth for its businesses. We believe The Avenue Viera possesses great opportunities as a gathering place given its central location combined with its robust lineup of retailers plus inviting outdoor spaces.” As reported by Connect CRE ,The Avenue Viera is said to be the only open air lifestyle center within close proximity .
