Local

Local firm buys land next to under-construction Costco in Clermont

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A Winter Garden-based developer has bought two prime parcels in the Plaza Collina mixed-use center being built in Clermont.

Read: Aldi to buy Winn-Dixie, Harveys supermarkets

An entity related to WMG Development paid $8.6 million for adjacent properties totaling 5.7 acres on Aug. 9, Lake County records show — or a little over $1.5 million per acre.

The seller was Plaza Collina (Orlando) ASLI VI LLLP, an entity related to Winter Park-based Avanti Properties Group.

Click here to read the full story on the Orlando Business Journal’s website.

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