JLL Capital Markets advised on the sale of the 230,970-square-foot Key Plaza Shopping Center in Key West, Florida
News release
11 March 2024
$74.5M sale of Publix-anchored retail center in Florida closes
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MIAMI, March 11, 2024 – JLL Capital Markets announced today that it was an advisor on the $74.5 million sale of Key Plaza Shopping Center, a 230,970-square-foot, Publix-anchored retail center located in Key West, Florida.
JLL advised the seller in this transaction.
Situated at 1107 Key Plaza, the property is known as a leading grocery-anchored power center within Key West. In addition to being anchored by Publix, tenants include OfficeMax, Dollar Tree and more. In addition, the property benefits from easy access to US1/North Roosevelt Boulevard.
The JLL Retail Capital Markets team that advised the seller was led by Executive Managing Director Manny DeZarraga, Senior Managing Director Danny Finkle, Senior Directors Eric Williams and Jorge Portela and Vice President Kim Flores.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment and sales advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.