Publix Buying Several Shopping Centers It Anchors In Tampa Bay Area

While its customers are buying groceries, Publix is buying shopping centers.

The Lakeland-based chain has become a "significant player" in Florida's retail investment market, according to a new report by commercial real estate brokerage Colliers International.

So far this year, Publix Supermarkets has bought seven of the 18 shopping centers it anchors in the Tampa Bay area and southwest Florida. Among its recent purchases were Tampa's Terrace Ridge Shopping Center on E Fowler Avenue for $14.7 million and Cross Creek Commons for $11.5 million.

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