Publix Super Markets, Inc. purchased the Shops at Silverleaf strip mall from NAP Chin Road, LLC for $11.25 million. The 59,950-square-foot retail center is located at 11235 U.S. 301 N., near the Ellenton Prime Outlets. Publix was already leasing a 46,000-square-foot store on the property.
MarcVan Restaurants of Delray Beach purchased the Golden Corral at 5525 W. Cortez Road in Bradenton from BIL Realty, LLC and H&M Realty Associates, LLC for $2.55 million. The 9,763-square-foot property was last sold in January 2007 for $3.2 million.
North Carolina-based Family Dollar Stores purchased the site of an existing Family Dollar store from FD Manatee Partners, LLC for $1.69 million. The company was in a two-year lease for the 9,180-square-foot property, located at 1525 E. Manatee Ave. in Bradenton, before purchasing it in September. The property last sold for $425,000 in August 2007.
The Furniture Warehouse of Sarasota purchased nearly two acres of vacant land at 5814 E. 18th St. in Ellenton from MVP Partners, LLC for $1 million. Furniture Warehouse has hired Palmetto’s Zirkelbach Construction, Inc. to build the company’s fifth store on the new property; the property last sold in August 2006 for $1.8 million.
D.R. Horton, Inc., a national homebuilding group in Texas, purchased 16 lots in Palmer Oaks Estates (on Honore Avenue and Clark Road in Sarasota) from PLP Lots, LLC for $800,000. D.R. Horton has a contract for the remaining lots and is planning a model home and five inventory houses.
MUPA Property, LLP purchased 2,683 square feet in Riverwalk Professional Park, 100 W. Third Ave. in Bradenton, from the Croghan Company for $600,000. MUPA Property, affiliated with Bradenton’s Urology Partners, already owned 10,518 square feet above its new unit, which was last sold for $569,600.
PFG Asset Management, LLC purchased the former site of the Longboat Key, Lido Key and St. Armands Chamber of Commerce for $533,900. The 4,756-square-foot property, located at 6960 Gulf of Mexico Drive on Longboat Key, was last sold for $775,000 in October 2004. The seller, First Bank, had acquired the property after merging with Coast Bank of Florida.
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