- May 1, 2026
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Unnamed local buyer set to buy retail center
A deal has been reached for the potential purchase of Fisherman’s Village in Charlotte County, though details at this point are scarce. SVN Commercial Partners says in a statement that a local development group “with deep ties in Punta Gorda” has the property under contract and plans to invest in it. A previous sale of the property fell through in 2024. The buyer was not named nor was a sale price disclosed, but the commercial real estate firm says the sale is expected to close this summer. Fishermen’s Village on Retta Esplanade has 97,000 square feet of retail shops, offices and five waterfront restaurants, according to SVN’s website marketing the property. There is also a marina. Corrie Gates, director of SVN Commercial Partners, says in a statement that the development group plans to work with local stakeholders, tenants and city leadership “to ensure future improvements are aligned with the broader vision for Punta Gorda’s waterfront and downtown district.”
Two-tenant shopping center is sold
Marcus & Millichap has sold a two-tenant retail center in Bonita Springs for $3.82 million. The center is at 27250 Bay Landing Drive, just off South Tamiami Trail. The 4,665-square-foot retail property sits on 1.18 acres. It was built in 2000 and renovated in 2014. Current tenants include Starbucks and Tide Cleaners. Both have long-term triple net leases, the firm says. The center’s buyer, according to Lee County records, is a Naples trust. It was previously owned by a Naples investor who paid $1.1 million for it in 2013. Chris Garavaglia, Andrew Muth and Alex Perez in Marcus & Millichap’s St. Louis office and Ryan Nee, the firm’s Florida broker of record, represented the seller.
Broker looking for medical storefront tenants
A 7,500-square-foot shopping center in Tampa has sold and the new owners seek to attract tenants in the medical field. The property at 4247 W. Kennedy Blvd. was bought by Grand Central Partners for $2 million. Grand Central says it is in the process of repositioning the center, which is named Grand Central Plaza (Kennedy Boulevard was known as Grand Central Avenue until 1964). One tenant, Audibel Hearing Center, is moving from Britton Plaza on South Dale Mabry into 1,000 square feet and an active search is underway for users in the medtail (medical retail) space — an urgent care center, dermatology practice or other that benefits from storefront locations. Spaces between 2,100 square feet and 4,600 square feet are available, including an end cap. The center is just west of Lois Avenue and Dale Mabry Highway
Publix outparcel near mall sells
An outparcel just east of the Brandon Exchange mall has sold to a private investor. The property at 901 W. Brandon Blvd. is an outparcel at a Publix-anchored plaza. It counts Amscot and several local retailers as tenants. Jeff Dervech, who brokered the deal for his firm Dervech Real Estate, says the center is 26,540 square feet and sits on 2.27 acres. The regional investor, says Dervech, paid $4.64 million and the deal closed in 60 days. The outparcel was previously owned by a Miami LLC that paid $2.72 million for it in 2023.
Restaurant, coffee shop coming
Crews broke ground last week on a retail component adjacent to the Palmetto Marriott Resort & Spa. When complete, the space built on an outparcel of the hotel will total about 8,200 square feet, according to Zachary Ellis, associate with LQ Commercial, which is handling leasing. Four businesses have signed on already as tenants, according to Ellis: Burger Monger, Foxtail Coffee, Noire Nail Bar and White Diamond Shipping. In all, five tenants will occupy the first phase of the retail space near the Palmetto Marriott, according to Ellis. The project has generated “interest from a handful of users for the last remaining available space,” Ellis says in an email. A second phase will provide additional retail, Ellis says, noting timing has yet to be determined. The second phase will be based around the “Yard," an outdoor entertainment venue near the hotel sponsored by Florida Central Credit Union and is permitted for up to 5,000 people, according to Paul Rutledge, senior broker associate for LQ Commercial.
Renovated retail property secures final tenant
A Sarasota retail property that suffered extensive damage during Hurricane Helene nearly two years ago has been renovated and is now fully leased. The three-unit building is on St. Armands Circle at 28 S. Blvd. of the Presidents. The final tenant is Chocolate Emporium, which took 1,446 square feet of space and is expected to open in June, according to a statement from Ian Black Real Estate. The shop is the handcrafted chocolates and confections retailer’s second spot, and, like its Anna Maria Island location, will also feature favorites like saltwater taffy, the firm says. Chocolate Emporium joins Acadia Jewels Fine Jewelry & Design, which opened Jan. 1 in a 1,390-square-foot space in the building, and Le Shop, a coffee shop, wine bar and market that opened in November in a 1,385-square-foot space. The building, according to Sarasota County property records, is owned by a Hartsdale, New York LLC that paid $3.42 million for it in 2017. Ian Black’s Amy MacDougall and Holly Haber represented the property’s owner in the leasing of all three properties. Terms of the lease were not disclosed but MacDougall says “they are for a good amount of time with options.”
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