See how much Publix paid for its store in Jupiter


The Publix-anchored center at 2525 Military Trail in Jupiter just sold for $18.7 million, a 43 percent jump from its last sale price in 2011.

The buyer? Publix itself. The Lakeland-based grocer closed on the purchase last week, according to a deed made public Monday.

Opting to own rather than rent its space, Publix has been snapping up properties such as this one in West Palm Beach.

In 2006, Publix Supermarkets owned less than 11 percent of its stores. By the end of 2014, Florida’s dominant grocer owned nearly 23 percent of its locations, according to a Palm Beach Post analysis of Publix’s annual reports.

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