Publix Super Markets buys Lakewood Walk

BUYER: PSM Lakewood Walk LLC (Real Sub LLC), Lakeland
SELLER: NAP Lakewood Walk LLC
PROPERTY: 11161, 11205, 11215, 11141, 11135 and 11255 E. State Road 70, Bradenton
PRICE: $26.25 million
LAW FIRM ON DEED: Graydon Head & Ritchey LLP, Cincinnati

PLANS, DESCRIPTION:
Lakeland-based grocer Publix Super Markets purchased the 90,000-square-foot Lakewood Walk shopping center for $26.25 million.

The price equated to $292 per square foot. That figure is higher than the two-year average price per square foot for retail space ($138) in the Tampa Bay area, according to the CoStar Group.