ORLANDO—Publix-anchored shopping centers are all the rage, butthat doesn’t mean other grocery stores aren’t attracting investorattention in the quest for income-producing retail. Venice PinesShopping Center proves the point.

HFF just closed the sale of Venice PinesShopping Center, a 97,300-square-foot retail center in Venice,Fla., for $10.35 million. HFF senior managing directorsBrad Peterson and Doug Hazelbakermarketed the property on behalf of the seller, WeingartenRealty Investors. J.S. Karlton CompanyInc. purchased the property free and clear of debt.

“This deal was interesting because Venice Pines is a Sweetbaygrocery-anchored center,” Peterson tells GlobeSt.com. “The grandmajority of grocery-anchored centers that trade are Publix centers.This sale demonstrates that investors are looking beyond Publixcenters when they are seeking high quality grocery-anchored centersin Florida.”

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