Publix rings up discounted shopping center near Boynton Beach for $78M
Publix bagged a shopping center near Boynton Beach for $78 million, as part of the grocer’s spree of buying retail plazas anchored by its supermarkets. Lakeland-based Publix bought the Fountains of Boynton at 6627 Boynton Beach Boulevard in unincorporated Palm Beach County from an entity tied to Union Investment Real Estate and Bolder Group, according to records and real estate database Vizzda. The purchase brings Publix’s total acquisitions of Florida shopping plazas over the past two years to roughly $326.5 million. The Fountains of Boynton deal pencils out to $436 per square foot. The property spans nearly 179,000 square feet […]This article originally appeared on The Real Deal. Click here to read the full story.
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