JLL brokers sale of four grocery-anchored centers

Atlanta — Jones 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.