JLL Capital Markets has announced the successful closing of the sale of Disston Plaza, a 129,150-square-foot Publix-anchored shopping center in St. Petersburg, Florida. The sale was conducted on behalf of the seller, with the buyer being a joint venture between AEW Capital Management, Mack Real Estate Group, and Soundwater Properties. Disston Plaza, which features a 45,600-square-foot Publix supermarket and a 90% lease rate with national and regional tenants like Beall's Outlet and Dollar Tree, is strategically located at 3501 49th St. N. The transaction highlights strong investor interest in high-quality retail assets within Florida's rapidly growing markets.
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