Why Publix is stocking up on real estate

From The Real Deal: “As Amazon’s acquisition of Whole Foods threatens to upend the entire grocery sector, those currently sitting atop the retail food chain are working hard to solidify their standing. Publix Super Markets, the dominant chain throughout Florida with 227 locations in the tri-county South Florida region alone, is doing just that … Click here to read more

Local governments face money-losing municipal golf courses across Florida

From The Real Deal: “Martin County, for example, is considering whether to spend $12.3 million to redesign its golf course and build a clubhouse there, even though the Martin County Golf Course has lost about $6.6 million since 2015 … Click here to read more

CEO of SAP lists Jupiter Island house that he bought from country singer Alan Jackson

From The Real Deal: “The chief executive officer of German software company SAP has listed the Jupiter Island house at 617 South Beach Road that he bought from country singer Alan Jackson. SAP CEO Bill McDermott listed the five-bedroom house for sale with an asking price of $16.75 million … Click here to read more

Listings divide Jupiter Island estate into 3 parcels

The Real Deal reports that “the owner of a luxury estate in Jupiter Island listed the 12-acre property for sale in three parcels, each with a different listing agent and asking price. The asking prices for the three parcels are $8.5 million, $10.5 million and $32 million, or $51 million for all three. The owner, Frank Luppi, a retired businessman who resides in Europe … Click here to read more

Jupiter Island, Seven Lakes Ranch in CO: Golfer Greg Norman lists two properties for $55M each

“The Shark says 55 is his lucky number. $55 million is the asking price on each of two properties the Great White Shark has put on the market in Colorado and Jupiter Island,” according to The Real Deal … Click here to read more

Bond issue for All Aboard Florida still pending

From The Real Deal: “Fortress Investment Group, the company behind a planned passenger rail service from Miami to Orlando, is still seeking investors for a $1.75 billion tax-free bond issue that Florida officials approved two months ago. Bank of America Merrill Lynch is leading underwriters … Click here to read more