Shoppes at Sarasota Row owner selling complex

Move comes amid corporate shift in strategy


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  • | 6:00 a.m. November 30, 2018
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A planned change in corporate direction is prompting the Daytona Beach-based owner of the Shoppes at Sarasota Row retail complex to bring the 59,341-square-foot project to market.

Consolidated-Tomoka Land Co., which acquired the Whole Foods Market-anchored complex in downtown Sarasota in 2014 for $19.1 million, has retained commercial real estate brokerage firm JLL to sell the asset ahead of a planned portfolio shift away from land and multi-tenant retail holdings.

 

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