Publix Buys Its Own Estero Shopping Center for $26 Million
The Lakeland grocery chain now owns the Shoppes at Verdana Village on Corkscrew Road — the 78,000-square-foot center it anchors — in a deal recorded Oct. 29, its second big Southwest Florida shopping-center purchase this year.
Estero — Publix has bought the shopping center it anchors in Estero. The grocery chain purchased the Shoppes at Verdana Village for $26 million, a price confirmed by the state documentary stamp taxes paid on the transaction, according to Paige Rausch, a commercial real estate and land analyst at Aslan Realty Advisors in Fort Myers, the News-Press reported.
The 78,000-square-foot center sits at the southeast corner of Verdana Village Boulevard and Corkscrew Road, about six miles east of Interstate 75. It opened in 2024, was built by WMG Development, and its tenants include Dunkin', The Nail Spa Estero, New York Pizza & Pasta and The UPS Store. The deal, recorded Oct. 29, included two developed outparcels and transferred title from The Shoppes at Verdana Village LLC, a company tied to Cameratta Companies, to Real Sub LLC, a Publix subsidiary.
The location is the story as much as the price. Corkscrew Road is eastern Lee County's growth corridor, and the Kingston master-planned community — approved for up to 10,000 homes on roughly 7,600 acres along Corkscrew and State Road 82 — is underway nearby. Owning the center puts Publix in control of its own storefront in the middle of that build-out.
It is Publix's second major Southwest Florida center purchase this year: the chain bought Daniels Crossing, off Six Mile Cypress Parkway and Daniels Parkway in Fort Myers, in May for more than $36 million. Public records cited in the report put Publix's regional holdings at roughly 45 properties, including shopping centers, rights-of-way and other parcels.
