Publix to buy Related Ross dev site in West Palm Beach
Publix is buying a downtown West Palm Beach development site from Related Ross in the grocer’s latest maneuver as a major South Florida retail real estate investor. The Lakeland, Florida-based chain, led by CEO Kevin Murphy, is under contract to buy 2.3 acres from affiliates of Related Ross to develop a roughly 40,000-square-foot store with covered parking, the South Florida Business Journal reported. In 2022, billionaire Steve Ross’ firm assembled the properties at 210 North Sapodilla Avenue, 606–622 Second Street, 248–252 North Rosemary Avenue and 605–621 Banyan Boulevard through a series of deals totaling $15 million, records show. Publix wants […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Non-QM is a fit, not a fallout
The return of the specialist: Why a more fragmented mortgage market favors active management
Luxury developers flocked to the 'Hamptons of Hungary' — but some projects are stalling
Mapped: Where Gen Z Is Moving, and Which States They’re Leaving in Droves
Vishal Garg lays out Better 2.0 plan during shareholder call
Seniors aren’t keeping up with their credit card debt. Reverse mortgages can help
NFL Pro Myles Garrett Is Gearing Up for Another Iconic Halloween Display at His New $23 Million Hidden Hills Estate
Timberline Homes buy will push Champion deeper into retail
BH3 joins Design District venture to revive, expand upscale office project
CRMLS went on offense against Compass. Will other MLSs follow?
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131