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Publix-Anchored Plaza in Palm Beach County Sells for $37M

Summary by Commercial Observer
The number of Publix-anchored retail property sales in South Florida has grown again with another real estate investment deal. This time, though, the grocery store chain wasn’t the buyer. New Jersey-based Garden Commercial Properties acquired the 95,000-square-foot Plaza Del Mar retail property in Manalapan — a wealthy beachside Palm Beach County enclave 11 miles south of Downtown West Palm Beach — for $37 million, or about $390 per square foot.…
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Commercial Observer broke the news in on Thursday, January 2, 2025.
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