TAMPA, FL—Publix Super Markets remains aggressive with its commercial real estate strategy. The grocery store chain just purchased the freestanding, 28,800-square-foot Publix supermarket at Carillon Town Center for $5.2 million.
Mike Milano, managing director of retail investment services and Ron Schultz, director of retail investment services, both with Colliers International Tampa Bay, represented the seller. The property is located at 120 Carillon Parkway in Saint Petersburg, FL.
“The greatest investor demand for retail continues to be for grocery-anchored neighborhood centers, especially Publix-anchored centers,” says Schultz. And in many cases Publix is buying rights to the retail space it's leasing.
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