On May 22, Theatre Associates II, LLP sold the property located at the intersection of Fruitville Road and U.S. 301 to Connecticut-based business Lincoln PK Partners LLC for $4.45 million. Bank of America opened a branch at that location last fall and is currently leasing and will continue to lease the property.
Former property owner Wayne Ruben, who is a partner of Sarasota-based Ruben-Holland Development, says he’s working with another buyer on the adjacent property, which currently houses Staples, and should close on that deal in mid-June.
The two parcels combined make up just less than 2.5 acres of land. For Ruben, who developed both properties from a parking lot to two commercial buildings, it’s great news.
“I’m pretty proud of it,” he says. “And Sarasota didn’t lose Bank of America after all.”
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26 NRA Pistol Safety
8:00 am - 12:30 pm
26 4th Annual Sarasota Mystic Faire
11:00 am - 5:00 pm
26 Fashion Dash Clothing Exchange & Fashion Show
11:00 am - 4:00 pm
26 Mini Yoga Retreat
Heron East Assisted Living Facility held its second annual “Senior Prom” last month.
Sarasota nonprofits the Boys and Girls Club of Sarasota County and Big Brothers Big Sisters are hosting donation drives. The Boys and Girls Club’s drive runs from July 21 through Aug. 2 and is accepting clothing, shoes, books and small household items for Goodwill Manasota.
Vive La France
The Alliance Francaise held a fundraiser in honor of Bastille Day, or La Fête Nationale, Monday, July 14, at Marina Jack.