The storm comes after last month's Hurricane Charley, which did most of its damage in the Fort Myers and Orlando metropolitan areas.

Equity One Inc., a grocery-anchored center-owner based in North Miami Beach, is tracking the hurricane's movements and will make final emergency plans for its 80 centers in the state today, Howard Spizner, the company's CFO, tells GlobeSt.com. "We're prepared," he says. "We have procedures and planning done well in advance."

Equity One estimated damages at its centers from Charley were around $250,000. The company's Winn-Dixie-anchored Charlotte Square, in Port Charlotte, sustained the heaviest damages, to its roof and air conditioning systems.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.