Publix buys Palm Beach Gardens
shopping center

TA Realty sold the property for $570 psf

TRD MIAMI /
Nov.November 08, 2017 09:45 AM

Publix super market at Mirasol Walk in Palm Beach Gardens (Credit: Google Maps)

Publix Super Markets just checked out with a shopping center it anchors in Palm Beach Gardens.

Property records show TA Realty affiliate Fund IX Mirasol Walk Shopping Center LLC sold the retail plaza at 11210 North Jog Road and 6231-6271 PGA Boulevard for $47 million. Publix anchors the 82,375-square-foot shopping center, which was built in 2004. It’s 99 percent occupied, according to marketing materials.

The property, called Mirasol Walk, is leased to Walgreens, Bank of America, SunTrust, Starbucks, GNC, Orange Theory Fitness and other tenants. It sits on a 22.37-acre site.

HFF was the listing brokerage. The property sold for roughly $570 per square foot.

Boston-based TA Realty paid $26.7 million for the shopping center in 2010.

Publix has been on a roll buying properties it anchors throughout South Florida. Earlier this year, the Lakeland-based grocery store chain paid $9.25 million for a North Palm Beach shopping center and $23.2 million for a new Publix in West Miami.


Related Articles

arrow_forward_ios
Anchor Health Properties CEO Ben Ochs and 3401 PGA Boulevard (Credit: Google Maps)

Anchor Health pays $24M for medical office building

The property at 3101 PGA Boulevard (Credit: Google Maps)

Sears sues landlord and city over blocked sublease at Palm Beach Gardens mall

2401 West Atlantic Boulevard, Nightingale’s Elie Schwartz and Simon Singer and David Egozi of JDM Realty Group (Credit: Google Maps)

GDF Properties scores a retail center in Pompano Beach

Rendering of Life Time’s resort at The Falls

Luxury athletic resort to take over Bloomingdale’s space at The Falls

Ken Endelson and a rendering of Avenir

Kenco buys 40 lots in Avenir

Some of the top retail leases in 2019 (Credit: Google Maps)

These were South Florida’s biggest retail leases of 2019

2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

Greg Silvers CEO of EPR Properties and Franklin Academy at 5651 Hood Road

Missouri investor sells Palm Beach Gardens charter school

arrow_forward_ios
Loading...