Tenants in Publix-owned shopping centers get a break on rent
March 29, 2020 - Publix Super Markets Inc. said it will offer rent relief to businesses operating in shopping centers that it owns that have closed due to the coronavirus pandemic. Publix said it would waive rent for two months, as well as waive payments for common area maintenance fees and taxes, regardless of the tenant’s access to other relief or assistance.“As a company that started as a small business 90 years ago, Publix wants to help businesses renting from us survive the economic impact of these unexpected closures,” Maria Brous, director of communications for Publix, said in a news release. While the majority of the company's 1,239 supermarkets are leased, Publix owns both the building and land at 351 locations, the company said in its most recent annual report.