Publix Pays $83M for Another Miami Plaza
By Jeff Ostrowski October 1, 2026 2:00 pm
reprints
Reflecting a voracious appetite for real estate, Publix Super Markets paid $83.25 million for a retail center it anchors in Miami, according to a deed filed this week.
A subsidiary of Lakeland, Fla.-based Publix acquired Airpark Plaza at 5705 Northwest Seventh Street from First Washington Realty of Bethesda, Md.
Airpark Plaza was built in the 1970s and last traded for $36.8 million in 2008, according to property records.
The 204,740-square-foot plaza is spread across three parcels. Tenants include Burlington, TD Bank, First Watch and The UPS Store.
Florida’s dominant grocer, Publix has been aggressively expanding its real estate ownership for more than a decade. In 2009, Publix owned just 144 of its 1,014 stores, or 14 percent, according to the company’s annual report for that year.
As of the end of 2025, the grocer owned 550 of its 1,432 locations, or 38 percent.
As Publix fends off competition from Amazon, Kroger and other out-of-state grocery retailers, it has been locking up prime locations throughout South Florida. In some cases, the supermarkets are surprisingly close to one another. Publix plans to open a store at 16024 Pines Boulevard in Pembroke Pines, mere blocks from an existing Publix at 15729 Pines Boulevard.
In a similar sign that Publix is blanketing South Florida with stores, the grocer operates two locations at the corner of Commercial Boulevard and Dixie Highway in Oakland Park. At the northwest quadrant is a Publix that has operated for years, while a second supermarket opened just across Commercial Boulevard in 2018, replacing a former Safeway.
Jeff Ostrowski can be reached at jostrowski@commercialobserver.com.
