Sarasota's L3 site to become distribution center under buyer's plan

Developer planning up to 800,000 square feet of industrial space

  • By Kevin McQuaid
  • | 6:00 a.m. August 16, 2019
COURTESY PHOTO — Galazy Investments plans to buy the 46-acre L3 Harris Technologies property in Sarasota and develop up to 800,000 square feet of industrial space there.
COURTESY PHOTO — Galazy Investments plans to buy the 46-acre L3 Harris Technologies property in Sarasota and develop up to 800,000 square feet of industrial space there.
  • Commercial Real Estate
  • Share

A Washington, D.C.-based development firm plans to acquire the largely vacant L3 Harris Technologies site in Sarasota this fall and remake the 46.5-acre property into a major distribution hub.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 25, 2026
Fort Myers industrial park under construction
  • March 25, 2026
Multimillion-dollar clubhouse renovation begins at Sara Bay Country Club
  • March 25, 2026
Waterfront hotel in Bradenton under new management
  • March 25, 2026
Sarasota mental health nonprofit pushes to hit $4M fundraising goal

Sponsored Content