Goodwill Manasota leases 55K square feet in Venice

The nonprofit is planning a distribution and logistics hub in south Sarasota County.


Buligo Capital owns 201 Triple Diamond Blvd. in Venice.
Buligo Capital owns 201 Triple Diamond Blvd. in Venice.
Image via Buligo Capital / LinkedIn
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A Bradenton-based nonprofit is expanding in south Sarasota County. Goodwill Manasota has leased 55,000 square feet in Venice for a distribution and logistics hub.

Property owner Buligo Capital recently announced the 10-year lease with Goodwill Manasota, which the real estate investment firm says has brought 201 Triple Diamond Blvd. to 100% occupancy. 

Previously, the warehouse in Venice was owned by drinkware manufacturer Tervis, until Buligo Capital purchased it for $15.35 million in 2023, according to Sarasota County property records. 

Goodwill Manasota plans to use the Venice space to serve as a regional distribution and logistics hub that supports its retail operations while diverting about 85% of donations from landfills, according to the Economic Development Corp. of Sarasota County. In addition, the location will include a Goodwill Bargain Barn, where the public can buy goods that have not sold in Goodwill stores at deeply discounted prices.

“The investment and expansion also brings meaningful new job creation,” the EDC says in a statement, “employing local residents and supporting continued growth of Goodwill Manasota.”

To support its new center, Goodwill Manasota says in a March report that it is holding hiring events on April 15 and April 29 at its Laurel Square location at 3479 Precision Drive in Nokomis.

Personnel from the Sarasota EDC visited the Venice location where Goodwill Manasota plans to create a regional distribution and logistics hub.
Personnel from the Sarasota EDC visited the Venice location where Goodwill Manasota plans to create a regional distribution and logistics hub.
Image via Economic Development Corporation of Sarasota County / LinkedIn

Goodwill Manasota spans Sarasota, Manatee, DeSoto, Hardee and portions of Lee and northwest Charlotte counties. It posted $147 million in revenue in 2024, according to ProPublica.

 

author

Elizabeth King

Elizabeth is a business news reporter with the Business Observer, covering primarily Sarasota-Bradenton, in addition to other parts of the region. A graduate of Johns Hopkins University, she previously covered hyperlocal news in Maryland for Patch for 12 years. Now she lives in Sarasota County.

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