Related Ross picks up Publix-adjacent dev site in West Palm Beach

Related Ross scooped up a development site next to a planned Publix grocery store in West Palm Beach. The firm, led by billionaire Miami Dolphins owner Stephen Ross, purchased a nearly 3-acre site at 209 and 210 North Sapodilla Avenue and 755 Second Street for $7.5 million from the Florida Public Utilities Company.  Related Ross already owns 605 and 621 Banyan Boulevard, which would comprise part of the planned Publix, the South Florida Business Journal reported. The site in the latest transaction is north of a planned Publix location, which is intended to span more than 47,200 square feet, according […]This article originally appeared on The Real Deal. Click here to read the full story.