Illustrative Miami retail district photograph; not the shopping centers purchased by Publix. Photo: Nivaldo Martins / Unsplash. Publix is no longer content to be the tenant. The Florida grocer bought two Miami-Dade shopping centers in October for a combined $107 million, according to reporting by the Tampa Bay Times. Both centers were sold by First Washington Realty, a shopping center owner based in Bethesda, Maryland. The larger deal was Airpark Plaza, near Miami International Airport. Publix paid $83.3 million for…
MarketMiami
Publix Just Paid $107 Million to Own Its Miami Shopping Centers. Landlords Should Pay Attention.
Publix paid $107 million for two Miami-Dade shopping centers. The purchases show how anchor tenants can become buyers of the properties they occupy.
