Pensacola Commercial Real Estate Article

PUBLIX Supermarkets Coming To Pensacola

By Tom Parker
Executive Vice President – Granger Properties, LLC

Publix Super Markets Inc. has agreed to buy half the Albertsons stores left in Florida, including all but a handful in the Tampa Bay area. The sale will further cement Publix's position as the state's market share leader even as Wal-Mart continues to catch up. The Lakeland chain stands likely to add most of Albertsons' 4 percent share of the Florida food retailing dollar to its current 40 percent.

Publix is buying four Albertson’s in Pensacola, Publix's first presence there, as it stretches its reach to the perimeter of Mobile, Ala. Signs of the deal became apparent recently when Publix started inking deals for new stores in the Panhandle as far west as the bridge leading to Pensacola. This is great news for Escambia County as it will most likely lead to additional stores in our market. The much needed grocery chain will provide first class service to the area’s shoppers.

With two Publix’s locations coming to the Nine Mile Rd. corridor, it will inevitably create a chain reaction of events. Increased traffic to this submarket will undoubtedly entice other national retailers such as Target, Costco, TJ MAX, Marshall’s, Ross, Kohl’s, etc., to want to have a presence in this submarket. Additionally, we will experience more and more families moving to the residential communities in the area (Nature Trail, Bentley Oaks, and Bristol Creek.) Ultimately, as funding is already being procured, the Nine Mile corridor will be four-laned from Highway 29 to Pine Forest Road and beyond.

Pensacola is a growing city, particularly in the Nine Mile Corridor area. The acquisitions of Alberston’s by Publix is one more example of how retailers are highly interested in this market, and will continue to seek locations in the path of growth as our economy grows.

The following is a list of the stores that Albertson’s is selling to Publix:

2770 West Bay Drive, Belleair Bluffs
26841 S Tamiami Trail, Bonita Springs
4651 Cortez Road, Bradenton
127 Cape Coral Parkway, Cape Coral
1735 NE Pine Island Road, Cape Coral
26583 U.S. Highway 19 N, Clearwater
1921 N Belcher Road, Clearwater
1295 S Missouri Ave., Clearwater
10018 Griffin Road, Cooper City
2201 University Drive, Coral Springs
2100 Saxon Blvd., Deltona
16970 San Carlos Blvd., Fort Myers
13401 Summerlin Road, Fort Myers
610 N Eglin Parkway, Fort Walton Beach
3930 SW Archer Road, Gainesville
870 Village Oak Lane, Heathrow
12101 Little Road, Hudson
17400 Alt. A1A, Jupiter
1566 Bella Cruz Drive, Lady Lake
3825 East Bay Drive, Largo
13031 Walsingham Road, Largo
2381 State Road 434, Longwood
8833 N Tamiami Trail, Naples
3350 Tamiami Trail E, Naples
7524 Dr. Phillips Blvd., Orlando
440 N Orlando Avenue, Orlando
10250 Curry Ford Road, Orlando
4950 Belle Terre Parkway, Palm Coast
35439 U.S. Highway 19 N, Palm Harbor
500 E Lake Road, Palm Harbor
1101 Eighth Ave. W, Palmetto
9005 U.S. Highway 301 N, Parrish
5055 N Ninth Ave., Pensacola
2180 W Nine Mile Road, Pensacola
9251 University Parkway, Pensacola
5998 Mobile Highway, Pensacola
4701 Park Blvd., Pinellas Park
1181 S University Drive, Plantation
4840 S Tamiami Trail, Sarasota
3610 U.S. 27 N, Sebring
7880 113th St., Seminole
1075 S Pasadena Ave., South Pasadena
3700 Fourth St. N, St. Petersburg
3030 54th Ave. S, St. Petersburg
3900 66th St. N, St. Petersburg
1925 N Monroe St., Tallahassee
3521 Thomasville Road, Tallahassee
8701 W Hillsborough Ave., Tampa
3838 Britton Plaza, Tampa

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