CBRE Applies Cost-Saving Project Management Services to Bring First Cato Fashions to Davenport, FL

​Orlando, FL – July 15, 2016 – CBRE Project Management and Asset Services Management teams arranged the arrival of Cato Fashions at Posner Commons, a vibrant Class A retail destination at 2400 Posner Boulevard in the Davenport area of Central Florida. Project Manager Drew Nasrallah and Senior Real Estate Manager Wendy Williford applied CBRE’s cost savings advantage to set the stage for Cato’s store opening in Davenport on June 28th. CBRE Retail Services also arranged the 4,211-square-foot lease on behalf of the tenant.

“In addition to advising with site selection and leasing, CBRE fully managed this project from design through occupancy. Leveraging an understanding of Cato’s processes and procedures, we worked with their internal construction team to deliver value through the coordination and oversight of contractors, and ultimately saw the space delivered in time to meet an aggressive grand-opening schedule,” said Mr. Nasrallah.

The new home of Cato Fashions is an 80-acre, 630,000 square foot regional power center developed by the Trammell Crow Company. Numbering among Central Florida’s most centrally located and popular shopping destinations, Posner Commons is located at the intersection of Highway 27 and I-4.  Anchor tenants include Target, Best Buy, Books-A-Million, Dick's Sporting Goods, Cinepolis IMAX, JC Penney, Michaels, Petsmart, Ross and Staples. In addition to Cato, other featured tenants are Payless Shoesource, Kay Jewelers, Dollar Tree, rue21, GNC, and Cicis Pizza.