{"id":120720,"date":"2026-01-16T16:17:07","date_gmt":"2026-01-16T16:17:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/120720\/"},"modified":"2026-01-16T16:17:07","modified_gmt":"2026-01-16T16:17:07","slug":"publix-pays-130-million-to-buy-six-grocery-anchored-shopping-centers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/120720\/","title":{"rendered":"Publix pays $130 million to buy six grocery-anchored shopping centers"},"content":{"rendered":"

After spending a quarter century building, managing and acquiring Publix-anchored shopping centers, Maury L. Carter & Associates<\/a> has sold its portfolio to the Lakeland-based grocer for over $130 million.<\/p>\n

The deal closed Thursday and involved six properties, including four in Central Florida.<\/p>\n

The Orlando-based real estate development and brokerage firm, led by Daryl Carter, has been involved with this group of properties from raw land acquisition through conceptual planning, entitlement, permitting, construction management, tenant identification, and ongoing asset management, helping guide the assets from initial vision to stabilized, institutional-quality retail centers.<\/p>\n

\"BuiltBuilt in 2002, Cornerstone at Lake Mary is one of the more seasoned assets. It has 69,234 square feet and is fully leased. (Courtesy of Maury L. Carter & Associates)<\/p>\n

The transaction was co-brokered with CBRE<\/a>, with both firms representing the seller. Carter told GrowthSpotter that the deal was offered to Publix as a portfolio before the assets were listed publicly.<\/p>\n

\u201cSo we just have a long, deep, and abiding relationship, admiration, and so we weren\u2019t going to take the properties to anybody before we took them to Publix,\u201d Carter said. \u201cPublix was our first stop before we went to market, and as it turned out, our only stop because they wanted all six of them.\u201d<\/p>\n

The shopping centers developed and built by Maury L. Carter & Associates include:<\/p>\n

Cornerstone at Lake Mary \u2013 Lake Mary, FL (built in 2002, 63,924 square feet)
\nCornerstone at Lake Hart \u2013 Orlando, FL (built in 2003, 74,241 square feet)
\nCornerstone at Summerport \u2013 Windermere, FL (built in 2017, 79,374 square feet)
\nCornerstone at Narcoossee<\/a> \u2013 St. Cloud, FL (built in 2024, 60,357 square feet)<\/p>\n

Additional Publix-anchored shopping centers included in the sale are:<\/p>\n

Southpointe Commons \u2013 Fort Myers, FL (built in 1999, 58,670 square feet)
\nStillwood Pavilion \u2013 Newnan, GA (built in 2007, 75,414 square feet)<\/p>\n

Carter said that divesting of the Publix centers was bittersweet. \u201cIt\u2019s the end of a chapter for those properties, but it\u2019s certainly not the end of our relationship with Publix. Our hope is that we\u2019ll continue to be able to serve them when possible and build other stores for them in the future,\u201d he said. \u201cAnd we do have other sites we\u2019d like to convince them to consider.\u201d<\/p>\n

Have a tip about Central Florida development? Contact me at\u00a0lkinsler@GrowthSpotter.com<\/a> or (407) 420-6261. Follow GrowthSpotter on\u00a0Facebook<\/a> and\u00a0LinkedIn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"After spending a quarter century building, managing and acquiring Publix-anchored shopping centers, Maury L. Carter & Associates has…\n","protected":false},"author":2,"featured_media":120721,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[558,28,2008,114,1335,11477,139,141,140,1976,1974,480,14859,1014,21140,5136,2643],"class_list":["post-120720","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-business","tag-florida","tag-lake-mary","tag-latest-headlines","tag-orange-county","tag-orange-county-developments","tag-orlando","tag-orlando-headlines","tag-orlando-news","tag-osceola-county","tag-osceola-county-developments","tag-real-estate","tag-retail-dining","tag-seminole-county","tag-seminole-county-developments","tag-st-cloud","tag-windermere"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/120720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=120720"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/120720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/120721"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=120720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=120720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=120720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}