Regions Southeast | Miami
Albertson's to Sell Florida Stores to Publix
June 11, 2008
Source: South Florida Business Journal

Albertson's LLC says it will sell nearly half of its Florida stores to Publix Super Markets -- meaning a total of 49 stores will be changing hands in a transaction expected to close in September. There will be four South Florida stores sold, located in Cooper City, Coral Springs, Jupiter and Plantation.

Albertson's, which is based in Boise, Idaho, has locations in seven states nationwide. The company says it will operate its remaining Florida locations with the support of its Lake Mary division office and Plant City distribution center.

 
Recent Miami Headlines
Flagler Inks Tenant to 240,000-SF Lease at Florida Biz Park
Nov. 20, 2008
Flagler Development Group has signed paper products firm Lagasse Sweet to a 240,000-square-foot lease in a build-to-suit facility at Flagler Station, South Florida’s largest business park.
Miami Worldcenter City Commission OKs Zoning for 25-Acre Miami Worldcenter
Nov. 18, 2008
The Miami City commission has approved special district zoning for Miami Worldcenter, a nine-block mixed-use development situated north of the city's Central Business District. 
The Palms at Town Flagler Breaks Ground on 400,000-SF Expansion at Miami Retail Center
Nov. 06, 2008
Flagler Real Estate has broken ground on the new 400,000-square-foot retail expansion at The Palms at Town & Country in Miami. When completed, the 75-acre site located at 8268 Mills Drive and owned by TIAA-CREF, will house 700,000 square feet of mixed retail components in an open-air design and a 133,000-square-foot Professional Arts Center.
Financing Deal Closes for Miami Office Space
Oct. 27, 2008
The financial crisis is not keeping Kennedy Financing from doling out loans. The Hackensack, N.J.-based direct private lender has just closed a financing deal for 888 Biscayne Enterprises L.L.C.'s acquisition of 44,000 square feet of unfinished commercial space on four floors of the newly developed Marina Blue Condominium building overlooking Biscayne Bay in Miami.
Met 2 $250M Loan Closes for $1B Miami Mixed-Use Project
Oct. 22, 2008
Judging by news that just emerged about the ambitious Metropolitan Miami mixed-use project, one would not know that there is a banking crisis, a struggling economy and a souring real estate market. Joint venture partners MDM Development Group and MetLife Insurance Co. have just gotten their hands on a $250 million construction loan for the Met 2 Financial Center segment of the $1 billion Downtown Miami endeavor.