At St. Armands Circle, investor popularity goes around and comes around

Sarasota shopping district is receiving renewed attention after high-profile deals.

  • By Kevin McQuaid
  • | 6:00 a.m. July 19, 2019
  • | 0 Free Articles Remaining!
KEVIN MCQUAID — St. Armands Circle has been the site of three major sales in the past two months for roughly $40 million.
KEVIN MCQUAID — St. Armands Circle has been the site of three major sales in the past two months for roughly $40 million.
  • Commercial Real Estate
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A trio of purchases on St. Armands Circle by one of the nation’s largest retail landlords and a longtime, high profile tenant illustrates that the Sarasota shopping and dining hub remains attractive to investors, merchants and consumers alike.

Last month, Benderson Development Co. bought a pair of St. Armands Circle properties for a combined $21.43 million, according to Sarasota County property records.

 

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