Wagner Property Group Sells Publix-Anchored Retail Center In Jacksonville For $20.6M With TSCG

The Plaza at Normandy is a fully leased retail asset located at 11341 Normandy Boulevard in Jacksonville, FL. The property consists of 58,691 square feet and has a sale price of $20,600,000, translating to a price per square foot of $351. The shopping center is anchored by Publix and features a mix of national and local retailers as tenants.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $20,600,000
• Sale Date: 07/22/2026
• Seller: Wagner Property Group
• Buyer's Representative: Laurie Ann Drinkwater - Marcus & Millichap
• Seller's Representatives: Anthony Blanco, Mallory Silva & Spencer Kinsella - TSCG (The Shopping Center Group)
• Property Square Footage: 58,691
• Price per Square Foot: $351

TSCG brokered the transaction on behalf of Wagner Property Group. The buyer acquired the asset through a 1031 exchange and the shopping center was fully occupied at the time of closing, highlighting its appeal to investors seeking stable income from established tenants.