Equity One, a South Florida-based real estate investment trust, purchased a 16-acre tract near Becker Road and Port St. Lucie Boulevard for $7.6 million earlier this week, according to county public records.
The company is planning a retail center on the site. In late October, the firm met with the city and residents of the surrounding community. While neighbors support a retail center, they oppose plans that would include a Publix. Equity One owns 203 properties nationally, 130 of them anchored by grocery stores. The project also depends on whether the city would improve the road at that intersection.
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