Publix Snatches Up Real Estate Across Florida

Naples Daily News released an article highlighting the recent efforts of Publix to purchase mass amounts of real estate across Florida. According to a local news source, the supermarket chain has spent $86 million for six grocery stores in Southwest Florida over this past year. But that's not all. Publix also has plans to shell out an additional $1.3 billion to purchase more property, establish new stores, and renovate existing ones.

Currently, Publix manages 1,098 stores. These new additions certainly appear to be profitable for the company as a whole. A spokesman for the company referred to Publix's financial standings as healthy and said it is for this reason that they can capitalize on new real estate.

Just in the last few weeks, Publix has spent almost $60 million on current stores in Tampa, Miami, and Fort Myers. Publix is constantly looking toward the future and wants to make the most of every opportunity that would benefit their customers. Reports shows that Publix made $30.6 billion in sales in 2014.

Are you looking to buy real estate?

Like Publix, the time to strike while the iron's hot may indeed be right now. If you are interested in purchasing real estate or are hoping to capitalize on an investment opportunity, our firm would be honored to assist you! Our experienced team of Naples real estate lawyers gives their very best to each and every client. Regardless of the value of your endeavor, you can trust our firm to competently represent you throughout the process.

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