Publix Super Markets picked up in 2016 where it left off by acquiring another South Florida shopping center where it’s the lead tenant.
Stockbridge Palm Lakes Plaza, part of Atlanta-based Stockbridge Capital Group, sold the retail center at 7210 to 7388 W. Atlantic Blvd. in Margate for $28.15 million to the Lakeland-based grocer. Palm Lakes Plaza totals 128,908 square feet on 12.6 acres on the corner of North Rock Island Road.
The price equates to $218 per square foot.
It last traded for $15.1…