Also, in a recent deal with Publix Super Markets, the major grocery store chain signed a 54,340-sf lease to anchor the center, which is called Harbor Shops. The Publix lease term is 20 years, with renewal options. Given the center's quoted rental rates of between $22 and $36 per sf, this lease is estimated to be valued at least $23.9 million.

Other tenants for this center will be disclosed at a later date, according to a spokesman. There are also outparcels and second-story office suites. In all, the center will be situated on more than 19 acres, located just south of 17th Street Causeway at Cordova Road.

Bob Breslau, president of Stiles Retail Group, handled the Publix lease. In addition, Stiles Retail Group, another division of Stiles Corp., has been named the center's exclusive leasing agent.