PALM BEACH, FL—Publix at St. Andrews, a 65,271-square-foot neighborhood shopping center in Port St. Lucie, FL, has a new owner. Financial terms of the deal were not disclosed.
HFF marketed the retail property on behalf of a client portfolio managed by American Realty Advisors. Publix Super Markets, Inc. purchased the unencumbered property.
Located at 5455-5489 Northwest St. James Drive in Port St. Lucie, Publix at St. Andrews is the only grocery-anchored shopping center within a two-mile radius. The shopping center was built in 2003 and is 87.1% leased to tenants like Hair Cutlery, Subway, H&R Block, and the UPS Store.
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