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Florida & Gulf Coast  + Retail  | 

PEBB Enterprises to Develop Grocery-Anchored Retail Center in Jacksonville

Boca Raton-based private equity real estate investment company PEBB Enterprises has acquired a nine-acre development site in Jacksonville’s St. Johns County and plans to build a new retail center anchored by a 48,400-square-foot Publix grocery store.

Plans for the project, which is located at 855 County Road 210 West, include the Publix location as well as 10,500 square feet of additional retail space. The site is directly across the street from the master-planned, 3,000-acre Beachwalk mixed-use community, which will include a 100-room hotel, retail, offices, industrial facilities and an elementary school.

Construction is slated to be completed by summer 2021. In addition to Publix, additional signed tenants include Publix Liquor Store and Lavender Spa. PEBB acquired the site from Twin Creeks Development, the developer of Beachwalk, for $2.7 million.

For comments, questions or concerns, please contact David Cohen

Connect

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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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