JLL brokers sale of four grocery-anchored centers

AtlantaJones Lang LaSalle has closed the sale of a portfolio of four grocery-anchored centers on behalf of Regency Partners II. Publix Supermarkets acquired the properties for $37.5 million.

The portfolio of shopping center includes:

  • King Plaza, an 81,432-sq.-ft. Publix anchored shopping center in Atlanta.
  • Lost Mountain, a 72,568-sq.-ft. Publix and Chase Bank anchored center in Atlanta.
  • Island Crossing, a 58,455-sq.-ft. Publix anchored center in West Palm Beach.
  • Surfside Beach Commons, a 59,880-sq.-ft. Bi Lo anchored center in Myrtle Beach.

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