{"id":1004053323,"date":"2011-10-21T20:36:28","date_gmt":"2011-10-22T04:36:28","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=21569"},"modified":"2022-12-07T11:21:11","modified_gmt":"2022-12-07T19:21:11","slug":"hff-closes-8-1m-sale-of-island-estates-plaza-to-publix","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\/","title":{"rendered":"HFF Closes $8.1M Sale of Island Estates Plaza to Publix"},"content":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<\/p>\n<p>Earlier today, Holliday Fenoglio Fowler L.P. announced the successful sale of the Island Estates Plaza in Clearwater Beach; the buyer, Publix Super Markets Inc., purchased the asset for $8.1 million free and clear of debt.<\/p>\n<p>Located at 130 Island Way in the Island Estates neighborhood, the 50,046-square-foot, grocery-anchored center is fully leased to tenants including Publix, Bank of America, Wells Fargo and The UPS Store. Spreading over 4.2 acres, the Island Estates Plaza is situated along the Clearwater Memorial Causeway, between downtown Clearwater and the Island of Clearwater Beach.<\/p>\n<p>\u201cBarrier-island, grocery-anchored\u00a0 retail center investment opportunities are rarely available in Florida, and the opportunity to acquire this fully leased\u00a0 shopping center made Island Estates Plaza a highly sought<\/p>\n<p><span class=\"Apple-style-span\" style=\"font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-21571\" style=\"background-color: #eeeeee;margin-top: 0.4em\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/Publix-Clearwater1.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/span>after investment,\u201d said HFF director Luis Castillo.\u00a0 \u201cIsland Estates has a long history of success that will undoubtedly continue under its new ownership.\u201d Castillo represented seller DAM Clearwater L.L.C., an entity wholly owned by David A. Mack Properties L.L.C., along with HFF managing director Daniel Finkle and real estate analyst Robert Saracco.\u00a0<\/p>\n<p>Publix Super Markets, founded in 1930, is the largest and fastest-growing employee-owned supermarket chain in the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Georgiana Mihaila, Associate Editor<br \/>\nEarlier today, Holliday Fenoglio Fowler L.P. announced the successful sale of the Island Estates Plaza in Clearwater Beach; the buyer, Publix Super Markets Inc., purchased the asset for $8.1 million free and clear of debt.<br \/>\nLocated at [&#8230;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1612],"tags":[],"class_list":["post-1004053323","post","type-post","status-publish","format-standard","hentry","category-latest","category-tampa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HFF Closes $8.1M Sale of Island Estates Plaza to Publix - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Closes $8.1M Sale of Island Estates Plaza to Publix\" \/>\n<meta property=\"og:description\" content=\"By Georgiana Mihaila, Associate Editor Earlier today, Holliday Fenoglio Fowler L.P. announced the successful sale of the Island Estates Plaza in Clearwater Beach; the buyer, Publix Super Markets Inc., purchased the asset for $8.1 million free and clear of debt. Located at [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-22T04:36:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T19:21:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/Publix-Clearwater1.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/\"},\"author\":{\"name\":\"Amalia Otet\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"headline\":\"HFF Closes $8.1M Sale of Island Estates Plaza to Publix\",\"datePublished\":\"2011-10-22T04:36:28+00:00\",\"dateModified\":\"2022-12-07T19:21:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/\"},\"wordCount\":203,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/10\\\/Publix-Clearwater1.jpg\",\"articleSection\":[\"News\",\"Tampa\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-closes-8-1m-sale-of-island-estates-plaza-to-publix\\\/\",\"name\":\"HFF Closes $8.1M Sale of Island Estates Plaza to Publix - 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