About Flag Wharf Inc. Properties News

Flag Wharf recently facilitated an expansion and lease extension for Gold's Gym at Cypress Grove Plaza in Winter Haven, FL. In addition, the Landlord is providing significant updates and capital improvements to the property.

Flag Wharf recently refinanced Cypress Grove Plaza in Winter Haven FL. The property is 84,146 square feet and is anchored by a Gold's Gym. Keybank provided the financing for the transaction.

Flag Wharf has created an outparcel at Cypress Grove Plaza and sold it to an affiliate on behalf of the current owner. Flag developed a Pep Boys on the site. Keybank provided permanent financing for the deal.

Flag Wharf recently purchased Defuniak Square in Defuniak Springs, FL though its fund Flagship Investment II LLC. The closing took place on August 26, 2016 and the shopping center is anchored by a Winn Dixie supermarket. Other notable tenants include Goody's, Bealls, Dollar Tree and Rent A Center. Cantor Commercial Real Estate provided financing for the acquisition.

The owner of Lake Fredrica Shopping Center has recently signed a new 20 year lease with its anchor tenant, Publix Supermarkets. The Landlord has demolished the current Publix store and is in the process of building the new store. The store opening is scheduled for October 2016. In addition, the facade will be updated and the site will be upgraded along with new access to the property. Flag Wharf is the developer and secured construction and permanent with Cantor Commercial Real Estate.

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