- March 26, 2026
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SARASOTA — Cincinnati -based Phillips Edison-ARC Shopping Center REIT purchased the commercial portion of the Broadway Promenade mixed-use development for $11.33 million. The center is located at 1044 and 1058 N. Tamiami Trail and 1268 11th St., units 1114, 2102, 2103 and 2104, Sarasota.