Beneficial Communities buys land for future Fruitville Road apartments

  • By Business Observer Staff
  • | 10:00 a.m. October 10, 2014
  • Commercial Real Estate
  • Share

BUYER: Le Sereno LLC (managers: Stephan Gietl, Fernando Levy Hara, Thomas Settle and Donald Paxton), Aventura
SELLER: IberiaBank
PROPERTY: 50 and 80 Paramount Drive, Sarasota
PRICE: $1.9 million
PREVIOUS PRICE: $1.5 million October 2003 and $400,000, April 2005
LAW FIRM ON DEED: Adams and Reese LLP, Sarasota

 

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