Joint Venture Sells Publix-Anchored Shopping Center in South Florida for $19.4 Million

Boynton Beach, Fla. — A joint venture between MMG Equity Partners and Global Fund Investments has sold Whitworth Farms, an 88,424-square-foot, Publix-anchored shopping center in Boynton Beach, Florida, for $19.4 million.

The asset is situated 11 miles north of downtown Boca Raton. The center was 96.1 percent leased at the time of the transaction. The seller was not disclosed.