Kevin Murphy Of Publix Super Markets Purchases Hammocks Town Center From Lisa Palmer For $71.93M
10201 Hammocks Boulevard
$71,930,000
$346/SF
Building Size
207,470 SF
Asset Type
Retail
Closing
Oct 13, 2025
AI
The retail asset at 10201 Hammocks Boulevard spans 26.3 acres and features a total square footage of 207,470. The property, located in the West Kendall market, was sold for $71,930,000, translating to a price per square foot of $347. The plaza is anchored by Publix and the sale excludes nearby outparcels and the Kendall Ice Arena.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $71,930,000
- Address: 10201 Hammocks Boulevard
- Market: West Kendall
- Acres: 26.3
- Square Footage: 207,470
- Price per Square Foot: $347
- Buyer: Kevin Murphy - Publix Super Markets
- Seller: Lisa Palmer - Regency Centers
Kevin Murphy represents Publix Super Markets in this transaction, while Lisa Palmer represents Regency Centers. The sale involved Hammocks Town Center, previously owned by Hammocks Town Center LLC, an affiliate of Regency Centers Corp.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93