![\"Duvalla](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/TGS-L-Dover-Shores-01.jpg\")
Duvalla Investments and Wildpine Capital partnered to acquire the Dover Shores shopping center earlier this year for $7.5 million. It was the first time the property had changed hands in almost 60 years. (Courtesy of Colliers)<\/p>\n
So Duvalla partnered with Charlotte-based Wildpine Capital<\/a> in April to purchase the shopping center from the original owner who built it in 1957. They paid $7.5 million for the plaza, which contains over 53,000 square feet of leasable space and legacy tenants who had served the neighborhood for generations.<\/p>\n It\u2019s Duvalla\u2019s second retail center asset and Wildpine\u2019s fifth.<\/p>\n \u201cWe sourced it off-market, like we do all of our assets,\u201d Wildpine Partner Wood Penn said. He saw the property as a neighborhood center with strong fundamentals that was in need of\u00a0 \u201csome intensive management\u201d and reinvestment.<\/p>\n So they immediately put on a new roof, painted the exterior and repaved the parking lot. They ordered new lights and are designing a signage package to modernize the center.<\/p>\n \u201cWe hit the ground running for sure,\u201d Weinberg said. \u201cThere was no delaying, right?\u00a0 So when we bought it, it was full speed.\u201d<\/p>\n One thing they didn\u2019t count on was Clemons Produce<\/a>, which had anchored the center for 35 years, closing within a few months of the sale. That\u2019s when Weinberg turned to another kid from the neighborhood for help.<\/p>\n Alexie Fonseca and the retail team at Colliers<\/a> are actively marketing the newly renovated property with a focus on landing a new anchor that can fill the 7,500-square-foot space formerly occupied by Clemons. They have the potential to expand it to 11,555 square feet if they combine it with the adjacent storefront.<\/p>\n \u201cIt\u2019s fun because we all grew up in this area,\u201d Fonseca said. \u201cI grew up going to Clemons Produce. I grew up going to Charlie\u2019s Bakery. And so, it is very nostalgic to be on this property and to see. Fonseca said it was important to resign \u201csweetheart tenants\u201d\u00a0 like Charlie\u2019s, Johnny\u2019s Diner and The Band Room, that have been at Dover Shores for decades. They\u2019re looking for more health and wellness retail users, boutique fitness \u2014 like a Pilates studio \u2014 and medical or dental users. And she\u2019s scouring the state to find another specialty grocer that\u2019s new-to-market or a fitness user that will drive customer traffic to the center and kick-start the rest of the leasing plan.<\/p>\n \u201cThe big thing here is is with the anchor,\u201d Weinberg said. \u201cI mean that\u2019s what\u2019s going to drive the the center and really create the new merchandising mix that Alexie will sort of lead in finding, you know, who\u2019s who and what\u2019s what there. And so, to me, that\u2019s the kind of the catalyst or the fulcrum point here for what happens for the center.\u201d<\/p>\n Fonseca also engaged Curry Ford West Main Street<\/a> Director Stephanie Ziglar to schedule community events at the center and assist tenants in applying for facade grants and funding to help with interior build-out costs.<\/p>\n \u201cWe\u2019re thrilled to see new life brought into existing structures.That is is our jam,\u201d Ziglar said. \u201cSo, we would prefer things were not demolished, and we would prefer to see new life brought into it with either adaptive reuse or a revitalization like they\u2019re doing in that building.\u201d<\/p>\n Ziglar has also shared feedback on the leasing strategy. \u201cThey are actively working to bring in something that is a smaller chain or more of a unique mom-and-pop, which I appreciate tremendously,\u201d she said. \u201cAnd they\u2019ve been very open to our feedback and what we thought would be great and what we thought might be kind of a buzzkill.\u201d<\/p>\n Have a tip about Central Florida development? Contact me at\u00a0lkinsler@GrowthSpotter.com<\/a> or (407) 420-6261. Follow GrowthSpotter on\u00a0Facebook<\/a> and\u00a0LinkedIn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"As a kid growing up in the Curry Ford West neighborhood, Michael Weinberg used to ride his bike…\n","protected":false},"author":2,"featured_media":423602,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[558,28,114,1335,11477,139,141,140,480,14859],"class_list":["post-423601","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-business","tag-florida","tag-latest-headlines","tag-orange-county","tag-orange-county-developments","tag-orlando","tag-orlando-headlines","tag-orlando-news","tag-real-estate","tag-retail-dining"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/423601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=423601"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/423601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/423602"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=423601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=423601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=423601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"The](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/TGS-L-Dover-Shores-02.jpg\")
The new owners immediately replaced the roof, painted the exterior and repaved the parking lot. They have ordered new lights and designed a more modern sign package. (Courtesy of Colliers)<\/p>\n
And my point in saying that was that it\u2019s a very established community. It\u2019s been around a long time, but it\u2019s in this transition and growth period right now, where you\u2019re starting to see new movement into these areas.\u201d<\/p>\n![\"A](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/TGS-L-Dover-Shores-03.jpg\")
A handful of legacy tenants, like Johnny’s Diner and Charlie’s Bakery & Creamery, signed new leases. Clemons Produce closed in August, while other tenants are on short-term leases. (Courtesy of Colliers)<\/p>\n