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Publix Buys Florida Shopping Center for $8.2 Million

by Nate Hunter

Brandon, Fla. – Publix purchased Kingsway Crossing from Valrico Lake Brandon LP, a private Canadian investment entity.

Mark Shellabarger and Dennis Carlson of CBRE represented the seller of Kingsway Crossing, Valrico Lake Brandon LP.Brandon, Fla. – Publix Grocery Stores Inc. has purchased Kingsway Crossing, a 63,423-square-foot, Publix-anchored shopping center in Brandon, about 11 miles west of Tampa. Publix purchased the asset from Valrico Lake Brandon LP, a private Canadian investment entity, for $8.2 million. The shopping center is 90 percent leased to tenants including Great Clips, Metro PCS and Kumon Learning Center. Mark Shellabarger and Dennis Carlson of CBRE represented the seller. CBRE handles the property management and leasing of Kingsway Crossing.

 Scott Reid

 

 

 

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