Property
Publix Florida Portfolio
Location
Various, FL
Size
248,863 SF
Value
$26.75M
Type
Sale

Publix Florida Portfolio

BlueGate Partners, LLC, and its affiliates has been retained on an exclusive basis by the owner to arrange the sale of the Owner’s fee simple interest in two well-located Publix anchored centers in Florida: (i) Polo Grounds Mall, located in West Palm Beach, Florida and (ii) Haines City Mall, located in Haines City, (greater Orlando) Florida. The properties total 248,863 square feet and had a weighted average occupancy of 90.6 percent at the time of sale. In addition to providing stable cash flow, the properties also offered considerable upside based on available leasable inline and outparcel spaces. The properties also included separate mortgages with attractive, assumable financing terms.