Harbour Place Shopping Center Sold (Publix Anchored)

The Harbour Place Shopping Center located at the south-east quadrant of Atlantic Boulevard and Hodges Boulevard just sold for $24M, just shy of the $25.7M paid for Intracoastal Center (Beach and San Pablo) which is also anchored by Publix and also traded this week. The two centers are located less than 4 miles from each other. Publix Supermarkets purchased the shopping center from Lat Purser and Associates and plans on doing a renovation of the center. According to CoStar, Harbour Place is about 104,000 SF and was built in 1990.

Karen Brune Mathis with the Daily Record reported the transaction details.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on March 31, 2016, in JAX Business Journal, JAX Daily Record, Shopping Centers/Retailers, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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