Publix Super Markets buys Shoppes of Apollo Beach

BUYER: Real Sub LLC (principals: John Attaway, David Phillips, Jeffrey Chamberlain and William Crenshaw), Lakeland
SELLER: KLA Apollo Beach LLC
PROPERTY: 6402-6520 N. U.S. 41, Apollo Beach
PRICE: $12.8 million
PREVIOUS PRICE: $6.48 million, April 2004

PLANS, DESCRIPTION:
Lakeland-based grocery Publix Super Markets Inc. purchased the 109,878-square-foot Shoppes of Apollo Beach for $12.8 million.

The price equated to $116 per square foot. That figure is less than the two-year average price per square foot for retail space ($138) in the Tampa Bay area, according to the CoStar Group.