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NEW YORK CITY-Publicly traded REITs will not face major challenges due to Winn-Dixie’s closure of 326 of its 913 units, say analysts and real estate company executives. Winn-Dixie, which filed for Chapter 11 bankruptcy protection in February, announced the closures earlier this week.

North Miami Beach, FL-based Equity One has 16 Winn-Dixies in its portfolio, but only two of them are closing, according to a company statement. The two affected stores are in its Stanley (NC) Marketplace center and Hunters Creek Shopping Center in Orlando and represent 0.3% of the company’s total annualized minimum rent. Winn-Dixie is apparently marketing the leases of those units and is not petitioning the bankruptcy court to allow it to reject the leases.

Meanwhile, New York-based New Plan Excel Realty Trust will see eight of its 19 Winn-Dixies sell or close. The $2.1 million in annual base rent account for at those stores represent 0.5% of the company’s annual total. The eight locations are in centers in Florence, AL; Austell, Cornelia, Douglasville, and Rex, GA; Clinton, MS; and Chattanooga and Ooltewah, TN. New Plan was also notified that the grocer plans to reject one lease, in Williamston, NC.

A report by Ross Nussbaum, a retail REIT analyst with Banc of America Securities, says that Winn-Dixie will most likely sell or sublease a significant amount of the stores it is closing instead of rejecting leases. “Fortunately, the shopping center REITs in our coverage universe have minimal exposure to the struggling grocer,” the report says.

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