On Saturday, a culinary staple of the Sarasota area will close, but its sale reflects a strong local real estate market, according to the developer that bought the property.
Tampa-based Brightwork Real Estate purchased the parcel housing El Adobe for $2 million May 1. The Mexican restaurant will close after operating for 40 years on South Tamiami Trail.
"Hopefully we will have plans for it soon," said Brightwork Real Estate partner Austin Simmons. The purchase is the company's first acquisition near the intersection of Bee Ridge Road and U.S. 41.
"Sarasota is a very vibrant area and that spot right there is certainly a strong one," Simmons said.
The firm is known for buying free-standing buildings and bringing in national brands, such as Starbucks, Bank of America and Wawa, among others.
"I'd love to put a Wawa there," Simmons said, but the size is too restrictive for the convenience store, which recently announced its first Sarasota location on University Parkway.
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24 What are you doing on Christmas Eve?
7:00 pm - 10:00 pm
26 Lights In Bloom
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3 FREE 5K Fun Run
7:00 am - 8:00 am
3 Historical Trolley Tour
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Sound of hope
The holiday season hasn’t officially started until our favorite bell ringers return to their posts.
Shoppers and residents were treated to some holiday harmonies by the Senior Friendship Centers’ group, the Second Wind Harmonica Players, in Downtown Sarasota.
Stepping up to the plate
The Cal Ripken Sr. Foundation and the Boys & Girls Clubs of Sarasota County teamed up to bring the anti-bullying event Rachel’s Challenge to Sarasota Dec. 3.