Publix Super Markets Buys Freestanding Publix in Florida for $22.5 Million

Fort Lauderdale, Fla. — Publix Super Markets Inc. has purchased the Publix at Sunrise, a 44,840-square-foot, single-tenant Publix grocery store located in Fort Lauderdale, for $22.5 million.

Publix Super Markets purchased the net-leased asset from Stiles Corp. free and clear of existing debt. Daniel Finkle, Luis Castillo and Nat Scarmazzi of HFF represented Stiles in the transaction.