Woolbright picks up Village Commons

Village Commons in West Palm Beach

Shopping mall owner and developer Woolbright Development has acquired the Village Commons shopping center at 701-971 Village Boulevard in West Palm Beach, the company announced today. The price of the 169,000-square-foot mall was not immediately clear. Village Commons, which includes tenants like Starbucks, Panera Bread and CVS pharmacy, has a few vacancies to fill, according to Jorge Morell, vice president of Woolbright. “It offers the potential for improvement in leasing and its aesthetic appearance,” said Morell of Village Commons. “Our immediate goals are to fill the vacancies and invest in the overall appearance and atmosphere of at the center.” TRD