Rockledge Square II
Subsequent to purchasing Rockledge Square I PMAT also purchased the adjacent, contiguous space formerly occupied by Walmart (known as Rockledge II). In only six months, PMAT renovated both properties and completely leased for former Walmart to synergistic co-tenants thatwould provide further draw to the property—Planet Fitness, Badcock Furniture, and Dollar Tree.
Additionally, PMAT sourced a CVS preferred developer to purchase raw land that was part of RockledgeII to facilitate CVS’s relocation within the property. Through the renovation and re-tenanting process,PMAT brought a formally vacant center to 100% occupancy.