The group's principals, Richard L. Phagan and James M. Rudnick, paid Atlanta-based Watkins Group $4.75 million or $36.54 per sf for the 99%-leased property at the northwest corner of State Road 674 and 30th Street in the Ruskin, FL-Sun City, FL hub.

Publix and Beall's Department Store are the anchors. Brad C. Luger and Larry Randolph of Advantis Real Estate Services Co. negotiated for Watkins.

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