In Focus: Sarasota/Bradenton

Submarket has shown some strong performance across sectors over past three years


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  • | 6:00 a.m. October 12, 2018
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COURTESY PHOTO — Dilweg Cos.' purchase of the 13-story Sarasota City Center office building for $36.5 million last year ranks as the largest such deal in the Sarasota and Bradenton submarket.
COURTESY PHOTO — Dilweg Cos.' purchase of the 13-story Sarasota City Center office building for $36.5 million last year ranks as the largest such deal in the Sarasota and Bradenton submarket.
  • Commercial Real Estate
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The Sarasota and Bradenton submarkets have posted considerable activity in the past year, especially in the multifamily rental, office and industrial sectors.

In a few cases, development and leasing deals have been among the top transactions for the entire market, which also includes Tampa, St. Petersburg, Clearwater, and Pasco and Polk counties, according to CoStar Group data.

 

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