Tampa Publix-anchored center included in $395M portfolio sale

A 10-shopping center portfolio, which includes a property in Tampa, has sold to a pair of investors for $395 million.

The open-air centers, which are mostly anchored by Publix, were bought by Bain Capital Real Estate and 11North Partners from PGIM Real Estate. The joint partnership recently bought three other centers in Oklahoma and say they are committed to owning and running retail centers in the U.S. Canada.

The Tampa property is the New Tampa Center, a 93,666-square-foot open air retail development on Bruce B. Downs Boulevard. It is anchored by a 56,146-square-foot Publix.