Mapping Publix’s recent $100M-plus retail shopping spree and its growing South Florida real estate empire
Publix Super Markets is giving new meaning to “anchor,” as it deepens its roots across the state by buying up shopping centers where its stores are tenants. And the receipts are showing some of the biggest deals on record. Publix recently dropped over $100 million in cash in a single month to buy two Miami-Dade shopping centers it anchors as part of its buying spree. One was the 204,740-square-foot Airpark Plaza at 5705 Northwest Seventh Street, which sold for $83.3 million — its biggest grocery-anchored Miami-Dade retail deal in the past 20 years, according to JLL. The other was the […]This article originally appeared on The Real Deal. Click here to read the full story.
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