28 Sep 2016
United Development Company to Co-Develop 7/Eleven, Inc. in North Port, FL
Southlake, Texas – September 26, 2016 – United Development Company of Southlake Texas closed on a 65,340 square foot parcel in North Port Florida with plans to co-develop a 3,010 square foot 7/Eleven on the southwest corner of Toledo Blade Blvd and N. Cranberry Blvd. The convenience store will be complete spring 2017.
The project is being co-developed with Christopher Kiritsis, President of Potomac Group, located in Sarasota, Florida and being financed by Florida Community Bank. Ibis Development of Miami, FL served as the broker on the acquisition.