The Real Deal Miami

Publix makes big Doral purchase

Grocery chain spends more than $26M to acquire shopping center it anchors

October 15, 2014 10:30AM

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Doral Isles Plaza

Doral Isles Plaza

A company tied to Publix Super Markets paid more than $26 million for a Doral shopping center it anchors.

The company, Real Sub LLC of Lakeland, acquired Doral Isles Plaza in a transaction recorded last Wednesday, according to Miami-Dade County records. No financing was recorded. The 80,414-square-foot center was originally constructed in 1999.

Atlanta-based U.S. Retail Income Fund VI is the seller. The company is tied to BVT Institutional Investments. It paid $11.9 million for the 8.5-acre property at 10715 Northwest 88th Street. — Eric Kalis

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