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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6 Holiday Shopping with Artist Elizabeth Van Riper at the Sarasota Ritz Carlton
9:00 am - 6:00 am
6 Holiday Boutique
9:00 am - 4:00 pm
6 37th Annual 1st Friday Art Walk "Taste of the Season"
6:30 pm - 9:00 pm
6 Republican Women's Club Luncheon
7 16th Annual Jingle & Jog 5K Race/1K Walk-Run
7:00 am - 11:00 am
7 Third Annual Achieva Reindeer Trot
7 Free Santa Pictures With Kids, Pets and Families
10:00 am - 4:00 pm
7 Gingerbread Houses
During each of the last eight years, the Out-of-Door Academy families have collected food for Gocio Elementary families.
Forty Carrots hosts grandparents
Forty Carrots Family Center invited students’ grandparents to attend Grandparents’ Day Nov. 25.
The Rotary Club of Sarasota Keys is seeking volunteers from now through Dec. 24, to help man its Salvation Army kettle bell during the holiday season.