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Collard Properties Forges Ahead in FL

WINTER PARK, FL-Collard Properties intends to continue projects around the state.

By Carl Cronan | Updated on October 09, 2008

(Carl Cronan is editor of Real Estate Florida.)

WINTER PARK, FL-Michael Collard Properties, a locally based commercial real estate development firm, says it plans to forge ahead with new and expanded retail projects throughout Florida despite the current economic turmoil. Its biggest project under way is a $35-million expansion of Saxon Crossings shopping center in Orange City, along the state’s east coast.

“We’re forced to keep our business going by concentrating on the bread and butter of our business, which is grocery anchored shopping centers,” Mike Rich, Collard’s chief operating officer, tells GlobeSt.com. He points out that supermarkets, pharmacies and discount stores continue to fare better than other retailers during a downturn because they sell life essentials that few people are willing to sacrifice.

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