Insurance group buys Publix-anchored center for $12.3M

Greenleaf Capital LLC, an arm of the company that also owns Tampa-based Homeowners Choice Property & Casualty Co. Inc., acquired a new Publix-anchored shopping center north of Orlando for $12.3 million.

The plaza, Sorrento Hills Village Shopping Center, totals 61,400 square feet and opened last year.

The Aug. 16 transaction was part of a pre-arranged buyout with the center's developer, who had obtained construction financing from Greenleaf, the real estate arm of Tampa-based HCI Group Inc.