St. John’s Plaza is a 117,000 square foot shopping center in Titusville, FL. The center was built in 1985 and is located on Highway 406 and only ½ mile from I-95 making it a natural shopping destination in this submarket.
After acquisition, PMAT facilitated a major repositioning of this asset. PMAT negotiated a new 20 year lease with Publix and constructed a new 45,600 square foot prototype adjacent to their existing store. PMAT also redeveloped the remainder of the shopping center with a substantial façade upgrade, painting, new parking lot, lighting and landscaping. The former Publix was partially back-filled with Dollar Tree.