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Publix pays $83M for retail plaza near Miami airport
Original: Publix pays $83M for retail plaza near Miami airport as it buys up shopping centers anchored by its stores
Publix has purchased a retail plaza near Miami International Airport for $83 million, continuing a broader strategy of buying up shopping centers anchored by its own stores. The Florida-based supermarket chain has been acquiring the properties around its locations, giving it more control over its real estate footprint as it expands across the Southeast.
Why now: The supermarket chain's aggressive real estate buying, including this $83 million Miami-area deal, draws attention to its unusual strategy of owning the shopping centers its stores anchor.
PublixMiami International AirportMiami
Evidence
- Publix pays $83M for retail plaza near Miami airport as it buys up shopping centers anchored by its stores · Yahoo Finance
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