PUBLIX EYES NEW 50,000-SQUARE-FOOT STORE IN CORAL GABLES

CORAL GABLES, FLA. — Publix has acquired 1.82 acres of land in Coral Gables for a 50,000-square-foot store. Located at the intersection of Flagler Street, Douglas Road and Ponce de Leon Boulevard, the store will feature a two-story rooftop garage. The project is being developed by Global Fund Investments, which also secured the land. Groundbreaking is scheduled for late 2009.