Phillips Edison Buys Grocery-Anchored Ocean Breeze Plaza in Florida for $14.9 Million

by Scott Reid

Jensen Beach, Fla. — Phillips Edison Grocery Center REIT II Inc. has purchased Ocean Breeze Plaza in Jensen Beach for $14.9 million.

Ocean Breeze Plaza is a 96,192-square-foot grocery-anchored shopping center in Jensen Beach, a suburb located in the Port St. Lucie MSA. Ocean Breeze Plaza is anchored by Publix, and includes national and regional tenants Dunkin Donuts, Subway and Big Apple Pizza. The center is 84 percent leased to 17 tenants.

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