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Florida & Gulf Coast  + North Florida  + Retail  | 

Branch Properties to Develop 67K-SF Publix-Anchored Shopping Center Near Pensacola

Metro Atlanta-based real estate investment firm Branch Properties and Merganser Enterprises have announced plans to move forward with the development of Publix-anchored shopping center Merganser Commons at Dogwood Estates in Milton, FL.

The 66,921-square-foot shopping center will be situated on a more than 11-acre land parcel and is slated for completion in April of 2022. The center will include a 46,811-square-foot Publix, the first in the area. The development will also contain two additional buildings totaling 20,110 square feet of retail space and will offer a 1.33-acre outparcel, accommodating up to 7,500 square feet. Located within the Pensacola/Santa Rosa County area, the shopping center will cater to the rapidly growing population, which increased 14.5% between 2010 and 2020.

“Publix choosing to add a Milton location to their Pensacola area portfolio is a testament to the long-term viability of the site and surrounding area,” said Jesse Shannon CIO at Branch Properties. “Merganser Commons will fill a void in the area and serve as a vital asset for the growing population in Milton.”

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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