MIAMI-Plaza Advisors has closed back-to-back Publix-anchored shopping center transactions for an undisclosed amount. Country Walk and West Bird Plaza received multiple offers in a prime Central Miami market.

Plaza Advisors’ co-managing partners Anthony Blanco and Jim Michalak, together with Senior Financial Analyst Lenard Williams, represented the sellers in both transactions. An entity affiliated with Saglo Development sold Country Walk to an Equity One affiliate, and an entity affiliated with Phillips Edison sold West Bird Plaza to the same group.

“Both properties are in-fill shopping centers with long track records of stable occupancy histories,” Anthony Blanco, co-managing partner at Plaza Advisors, tells GlobeSt.com. “The sellers felt it was the right time to capitalize on where the market is headed for institutional quality assets like these. They plan to redeploy the capital into other opportunities.”

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