Chicago investor buys second Sarasota complex — total investment in area tops $287 million

Real estate giant LaSalle Investment Management buys a second Sarasota apartment complex in as many months.

Bainbridge Palmoré, which opened in 2021, has been sold to a Chicago real estate investment firm. (Bainbridge Palmoré Facebook page)
Bainbridge Palmoré, which opened in 2021, has been sold to a Chicago real estate investment firm. (Bainbridge Palmoré Facebook page)
  • Manatee-Sarasota
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A Chicago real estate investment giant has bought another Sarasota apartment complex, paying nearly twice what the previous owner paid just more than a year ago.

 

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