JLL Capital Markets Successfully Closes Sale of Publix-Anchored Disston Plaza in St. Petersburg, Florida

Reuters08-08

JLL Capital Markets Successfully Closes Sale of Publix-Anchored Disston Plaza in St. Petersburg, Florida

JLL Capital Markets has announced the successful closing of the sale of Disston Plaza, a 129,150-square-foot Publix-anchored shopping center in St. Petersburg, Florida. The sale was conducted on behalf of the seller, with the buyer being a joint venture between AEW Capital Management, Mack Real Estate Group, and Soundwater Properties. Disston Plaza, which features a 45,600-square-foot Publix supermarket and a 90% lease rate with national and regional tenants like Beall's Outlet and Dollar Tree, is strategically located at 3501 49th St. N. The transaction highlights strong investor interest in high-quality retail assets within Florida's rapidly growing markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on August 07, 2025, and is solely responsible for the information contained therein.

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