MIAMI—Another Publix-anchored shopping center has traded hands. This one sold for $23.1 million.
El Mercado Shopping Center, a 96,000-square-foot shopping center in Hialeah, traded for $240 per square foot. The Publix-anchored property is located at 2400 West 60th Street on the west side of the Palmetto Expressway.
CREC chairman Warren Weiser, senior vice president Harry Blyden and vice president Andrew Remick represented the property's seller, El Mercado Associates. The buyer is Stockbridge El Mercado, an affiliate of Stockbridge Capital Group.
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