Florida

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FloridaGrocery-anchoredInvestment salesNews

First Washington Realty Sells Two Miami Shopping Centers to Publix Super Markets

by Abby Cox

Miami — First Washington Realty (FWR), a shopping center owner-operator based in Bethesda, Maryland, has sold two Publix-anchored shopping centers in Miami to Publix Super Markets Inc. The sales price was not disclosed. The properties include Airpark Plaza, a 171,443-square-foot shopping center near Miami International Airport at 5715 N.W. 7th St.; and The Shoppes at Quail Roost, a 73,550-square-foot center located at 20201 S.W. 127th Ave. on the city’s south side. Both properties were fully leased at the time of sale.

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Eos-Fort-Myers
FloridaInvestment salesNews

SRS Real Estate Arranges $14.3 Million Sale of Single-Tenant Retail Property in Fort Myers, Florida

by Abby Cox

Fort Myers, Fla. —SRSReal Estate Partners has arranged the $14.3 million sale of a single-tenant retail property located at 10560 Colonial Blvd. in Fort Myers. Eōs Fitness occupies the 42,500-square-foot building on a 20-year absolute triple-net, corporate-guaranteed lease. Patrick Nutt and William Wamble of SRS Real Estate represented the seller, a Florida-based developer, in the transaction. The buyer was a Florida-based investor completing a 1031 exchange.

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Doral-Atrium-Walmart_Miami
DevelopmentFloridaGrocery-anchoredNews

Walmart to Open 40,344-Square-Foot Grocery Store in Metro Miami

by Abby Cox

Doral, Fla. — Terra has signed Walmart to a 40,344-square-foot retail lease at Doral Atrium, a 78,000-square-foot lifestyle development in Doral, a western suburb of Miami. Construction on the space, which will be occupied by Walmart Neighborhood Market, is expected to begin this fall with completion anticipated for 2027. Other committed tenants at Doral Atrium include PNC Bank, Bonchon Chicken, Sushi Mas, Tremble Pilates and The Good Feet Store. Jonathan Carter and Pablo Camposano of Colliers are handling the leasing assignment at the retail center.

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Publix_Shoppes-Paradise-Pointe_Fort-Walton-Beach
FloridaGrocery-anchoredInvestment salesNews

TSCG Brokers $8.4 Million Sale of Publix-Anchored Center in Fort Walton Beach, Florida

by Abby Cox

Fort Walton Beach, Fla. — TSCG has brokered the $8.4 million sale of The Shoppes at Paradise Pointe, a Publix-anchored shopping center located at U.S. Highway 98 and Perry Avenue Southeast in Fort Walton Beach. The 73,416-square-foot property sits at the mainland approach to Brooks Bridge, which connects Fort Walton Beach to Okaloosa Island. Anthony Blanco of TSCG represented the seller, SITE Centers Corp., in the transaction. The buyer was an undisclosed private investor. Built in 1987, The Shoppes at Paradise Pointe was 82.5 percent leased at the time of sale …

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Trustmark
AlabamaFloridaInvestment salesNewsTennesseeTexas

JLL Arranges $91.7 Million Sale-Leaseback of Retail Bank Portfolio Spanning Five States

by Abby Cox

Chicago — JLL Capital Markets has arranged the $91.7 million sale-leaseback of 34 retail bank branches occupied by Trustmark Bank, spanning five states across the Southeast. The 222,037-square-foot portfolio includes 15-year absolute triple-net leaseback agreements featuring 1.5 percent annual rent increases. The portfolio is predominantly located in Mississippi, alongside locations in Florida’s Gulf Coast; Memphis, Tennessee; Houston, Texas; and Montgomery and Huntsville, Alabama. Trustmark will continue to operate branches at each of the locations with no changes to its products or service offerings. JLL’s Chicago-based Corporate Capital Markets and Net Lease …

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Key-Biscayne
FloridaInvestment salesNews

Berkadia Arranges $9.8 Million Refinancing for Retail Property in Key Biscayne, Florida

by Abby Cox

Key Biscayne, Fla. — Berkadia has arranged a $9.8 million loan to refinance a 61,504-square-foot, two-story retail center located on Key Biscayne, a barrier island situated south of Miami. Charles Foschini, Christopher Apone, Shannon Wilson and Lourdes Carranza-Alvarez of Berkadia secured the 10-year, fixed-rate loan through a correspondent life insurance company on behalf of the owner, which purchased the property in 1997. The financing features a 23 percent loan-to-value ratio. The retail property is situated on Crandon Boulevard, Key Biscayne’s primary commercial corridor and its only land connection to mainland Miami. …

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Shoppers-Haven
Company newsFloridaGrocery-anchoredLeasingNews

Colliers to Provide Leasing Services for Two Florida Shopping Centers Spanning 262,000 Square Feet

by Abby Cox

Plantation and Pompano Beach, Fla. — Colliers has been selected to provide leasing services for two shopping centers: Shoppers Haven in Pompano Beach and Shops at One Plantation in Plantation. Sabrina Stimming, Steven Henenfeld, Ruben Suarez and Ariel Davis will lead leasing efforts for the properties on behalf of Stiles Retail Group. The first property, Shoppers Haven, is a 200,144-square-foot, redeveloped Publix-anchored shopping center. Additional tenants at the property include Walgreens, Bealls, Outback Steakhouse, Xfinity, Dunkin’ and Domino’s Pizza, among others. Shops at One Plantation spans approximately 61,855 square feet and …

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Uptown-Landing
DevelopmentFloridaMixed-useNews

University of South Florida, Partners Break Ground on $500 Million Mixed-Use Project in Tampa

by Abby Cox

Tampa, Fla. — The University of South Florida (USF) and its development partners have broken ground on the $500 million first phase of Uptown Landing, a new mixed-use project situated within walking distance of the planned USF on-campus football stadium.  The first phase of the project comprises 30 acres and will include 717 beds of student housing; 152 apartments reserved for graduate students and USF employees; four to six restaurant venues; 68,000 square feet of retail space; a hotel and conference center and academic research facilities.  Delivered through a master development …

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DevelopmentFloridaGrocery-anchoredNews

Walmart to Anchor 40-Acre Retail Development in Metro Orlando

by Abby Cox

St. Cloud, Fla. — Walmart plans to anchor a new 40-acre retail development underway in St. Cloud, situated roughly 26 miles southeast of Orlando. The property will include a 187,000-square-foot Walmart Supercenter, a Walmart convenience store and gas station and seven to 10 outparcels. The master developer of the project is The Ferber Co. The Ponte Vedra, Florida-based company is currently underway on site work and underground utility installation at the site. First tenants are expected to open by early 2028. The project team includes Hanson, Walter and Associates Inc., Traffic …

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Promenade-Shopping-Plaza
FloridaGrocery-anchoredInvestment salesNews

Mount Vernon Co. Acquires 207,877-Square-Foot Publix-Anchored Center in Palm Beach Gardens, Florida, for $67 Million

by Abby Cox

Palm Beach Gardens, Fla. — Boston-based Mount Vernon Co. has acquired Promenade Shopping Plaza, a 207,877-square-foot Publix-anchored center located in Palm Beach Gardens, a city in South Florida’s Palm Beach County. The South Florida Business Journal reports the sales price as $67 million. Built in 1989, Promenade Shopping Plaza is situated on nearly 23 acres and was 98 percent occupied at the time of sale. The property features a completely rebuilt 54,964-square-foot Publix prototype store that reopened in May 2025 after the former 42,450-square-foot store was demolished. Additional tenants at the …

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