Publix real estate: Where flipping is a pleasure
Looking to get rich quick in real estate? Forget flipping condos or snapping up fixer-uppers – that’s so 2004.
The real action these days is in Publix-anchored shopping centers, which have been soaring in value even as home prices have slumped.
For the latest example, look at the eye-popping profit generated by River Bridge Centre, a 27-acre complex at Jog Road and Forest Hill Boulevard in Greenacres. It sold for $66.75 million this month. Previous sale: $37.7 million in May 2005.