Noted Lakewood Ranch office building listed for sale

A nearly 30,000-square-foot office building in Lakewood Ranch has been listed for sale.

The brokers on the listing, from ERES Companies, are pitching the property, the former home of Centauri Insurance, as a potential corporate headquarters for a new owner. A listing price has not been disclosed; Chris DiBitetto with ERES says full pricing information is available if a prospective buyer signs a confidentiality agreement. The property, 4081 Lakewood Ranch Blvd. N., was built in 2017 and assessed last year at just over $6 million, Sarasota County property records show.

“There’s nothing comparable for headquarters space from Tampa to Naples,” says DiBitetto, adding he believes there’s a “wide pool of buyers who will take a hard look at this property.”

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ERES President Tom Bradley, in a statement, adds that the Class-A property has “income-producing potential, a development upside and unmatched amenities.” 

Those amenities, the brokerage says, include a gym and outdoor terrace/lounge overlooking a lake on the third floor. The development includes potential to build a 20,000-square-foot building on the parcel along Professional Parkway. 

Centauri Insurance was founded in 2006. The company has been sold several times in recent years, including most recently last April, when Omaha, Nebraska-based Applied Underwriters sold it to Lilypad Insurance. DiBitetto says most of the employees who remain now work remote.

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The first floor has a tenant: Grace Church, which has a main facility across Lakewood Ranch Boulevard. 

DiBitetto was named vice president and managing broker of the Sarasota office of ERES Companies in 2023. Founded in 2014, ERES has handled more than 5 million square feet of commercial real estate space and more than $1 billion in real estate value in the past decade. It has 10 offices, including locations in Denver, New York and Argentina, in addition to Sarasota.