The Real Deal Miami

Boca firm building out two Ollie’s outlets

SMD is bringing Ollie's Retail Outlet to retail centers in Casselberry and Ocala

July 23, 2016 01:00PM

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An Ollie's Bargain Outlet in Louisville

An Ollie’s Bargain Outlet in Louisville

Boca Raton-based Southern Management and Development (SMD) this summer expects to finish building out new stores at SMD shopping centers in Casselberry and Ocala for retailer Ollie’s Bargain Outlet.

SMD is constructing a 32,580-square-foot Ollie’s store in Casselberry at the Casselberry Square shopping center and a 41,470-square-foot Ollie’s in Ocala at the Shoppes at Paddock Park.

Anchor tenants at 96,496-square-foot Casselberry Square include Pet Supermarket and Dollar General.

Shoppes at Paddock Park is located next to the regional Paddock Mall near Interstate 75 in Ocala. The 87,136-square-foot shopping center’s tenants include Edible Arrangements, Supercuts and UPS.

Founded in 1972, SMD owns and manages 1,722 rental apartments, plus a 3.9 million-square-foot retail portfolio and 200,000 square feet of office space.