MIAMI, March 11, 2024 -JLL Capital Markets announced today that it was an advisor on the $74.5 million sale of Key Plaza Shopping Center, a 230,970-square-foot, Publix-anchored retail center located in Key West, Florida.
JLL advised the seller, and Publix Super Markets, Inc. acquired the asset.
Situated at 1107 Key Plaza, the property is known as a leading grocery-anchored power center within Key West. In addition to being anchored by Publix, tenants include OfficeMax, Dollar Tree and more. In addition, the property benefits from easy access to US1/North Roosevelt Boulevard.
The JLL Retail Capital Markets team that advised the seller was led by Executive Managing Director Manny DeZarraga, Senior Managing Director Danny Finkle, Senior Directors Eric Williams and Jorge Portela and Vice President Kim Flores.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment and sales advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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Jones Lang LaSalle Inc. published this content on 11 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2024 19:36:23 UTC.
