Winn-Dixie in Riviera Beach

A 45,973-square-foot Winn-Dixie in Riviera Beach has sold for $7.39 million, according to Marcus & Millichap, which brokered the deal on behalf of the seller, a Miami Beach-based limited liability company. The property, which is located at 3700 Broadway in Riviera Beach, was purchased by a Miami-based limited liability company. Douglas Mandel and Howard Bregman of Marcus & Millichap’s Fort Lauderdale office represented the seller. Gabriel Britti, a senior associate with Marcus & Millichap in Miami, secured and represented the buyer. Winn-Dixie is occupying the property under a 20-year lease that expires July 13, 2024. It has six additional five-year options to extend. — Alexander Britell

Winn-Dixie

A Winn-Dixie supermarket at 3275 Coral Way in Miami has obtained a $7.02 million permanent loan, according to Aztec Group, which represented the borrower in the transaction. Aztec managing directors Jason Shapiro and Jim Fried arranged the financing for the 63,480-square-foot space, which is located next to the Miracle Market shopping center and recently underwent a $6 million renovation. [more]

The firm is renovating several SF locations

Jacksonville-based Winn Dixie is planning a number of renovated stores in South Florida, highlighted by a new location in Davie, the Sun Sentinel reported. The 60,000-square-foot Davie branch, which is located near Hiatus Road, underwent a total transformation, according to Randy Rambo, the company’s regional vice president for the south. “There are a lot of neighborhoods and families in Davie, which is why we chose to invest in this store,” Rambo said. [more]

The Winn-Dixie supermarket in Davie’s Plaza at Davie is set for a major renovation, part of the company’s plans to renovate 17 stores nationwide. The Davie location leases space from Konover South, which is based in Deerfield Beach and manages the 270,000-square-foot center. The 61,644-square-foot  store, which will be open during the renovation, joins two updated locations in Miami and Hallandale Beach that are also under construction. [Sun Sentinel]
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Dick’s Sporting Goods is moving into the site of the former Winn-Dixie at 2420 North Federal Highway in Fort Lauderdale, according to construction records. The Pittsburgh-based chain already has 16 Florida stores, including four South Florida locations: Boynton Beach, Pembroke Pines, Plantation and Palm Beach. The store is one of 13 Winn-Dixie stores that were closed last year in South Florida. Dick’s opened at Pembroke Crossing in the fall, taking over a former Linens ‘N Things. [SFBJ]
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Jacksonville-based Winn Dixie has been financially wobbly for years,
leading few people, like Allison Cassidy, to be surprised that the Lake
Worth store where she works is closing, along
with 12 others in South Florida. Winn Dixie has been losing the
battle for supermarket supremacy for several years now to Publix, with
just 24 stores in Palm Beach County to Publix’s 73. In 2005, Winn Dixie
filed for Chapter 11, closing a third of its 913 stores. In a Consumer
Reports rating of national and regional grocery stores last year, Publix
ranked third among 59 companies in satisfaction; Winn Dixie was 55th. [Palm
Beach Post]

Supermarket chain Winn-Dixie has announced the store locations that are slated for closure as a result of its cost-cutting efforts, and the Sun-Sentinel has compiled a list [more]

Jacksonville-based supermarket chain Winn-Dixie plans to close 30 of its 514 stores by September 2011, the company announced yesterday. While Winn-Dixie did not say which stores are slated for the chopping block, it currently operates stores in Florida, George, Alabama, Mississippi and Louisiana. Winn-Dixie cited poor economic conditions as a reason for the closures, and said it expects to cut 120 jobs. Once the workers being eliminated are notified, the company plans to announce the individual store closures. [Florida Times-Union via Sun Sentinel]

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