Good News Friday: Big Deals - May 23,2014

By Chelsey Lucas May 22, 2014

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Developer Thomas Mannausa has transferred the property that will be known as The Jewel, an 18-story 105,000-square-foot condominium located Main Street and Gulfstream Avenue in downtown Sarasota, from Mannausa Gulfstream Development Co. to another entity he owns, Main Street J Development Co. for $10 million. The Jewel, designed by Gary Hoyt of Hoyt Architects, is scheduled for completion in September 2015.



Blue Topaz, LLC purchased 5521 Palmer Blvd., a property with five duplexes comprised of 10 units, from Wired, LLC for $725,000. The buildings were constructed in 2000. Eric and Sarah Massey of Michael Saunders & Company represented the seller and Haja Bosela of Coldwell Banker represented the buyer.



Miami-based Regional Properties, Inc., has purchased 13,395 square feet of assembly and office space at 2203 30th Ave. W. in Bradenton from Columbian Association of Bradenton for $800,000. Lee Delieto Sr. of Michael Saunders and Co. represented the seller.  Bill Rex of Coldwell Banker Commercial NRT represented the buyer. United Cerebral Palsy of Southwest Florida, Inc. is the current occupant.



Horizon Realty International’s Steven Pimlott led the purchase of 34 acres of land on the north side of State Road 70 east of I-75 for $1.6 million for use as an assisted living facility. Don Swartz of Wagner Realty represented the seller and Michael Sporer of Interstate Commercial Brokers represented the buyer.



John Peshkin of Vanguard Land LLC led an investor group in the purchase of 50 acres east of I-75 on Laurel Road for $5 million. Chris Bowers of Eshenbaugh Land Co. in Tampa handled the transaction.



A company managed by CPA Allan J. Barberio has sold a 4,750-square-foot office building and vacant lot at 456 N. Tamiami Trail in Osprey to JLK Properties Inc. for $407,500.



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