Real estate

This Week's Big Deals

Deals include $16.7 million for an apartment complex, $495,000 for industrial space and $342,000 for a future daycare.

Research by staff April 28, 2016

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Kendall Ridge Luxury Apartments

KENF, LLC, based in Richmond, Virginia, recently purchased Kendall Ridge Luxury Apartments, located at 302 W. 26th Ave., Bradenton, from Kendall Ridge Wildwood LLC for $16.7 million.

JRB Company, an investment vehicle based in Venice, recently purchased a 6,750-square-foot industrial space at 355 Sand Pine Blvd., Venice, from Michael Kay of Bal Harbour for $495,000. The property is a freestanding block industrial flex unit in the Sarasota Commerce Park development.

PGT Industries, Inc., a leading manufacturer and supplier of residential impact-resistant windows and doors, recently purchased a 2.5-acre lot in North Venice where it will build an 8,109-square-foot daycare facility that will be operated by the Venice branch of the SKY Family YMCA. The property was sold by Englewood Bank & Trust for $342,000. The new daycare will be open 24 hours a day, six days a week and will have the capacity to accommodate 150 children. Construction on the $1.9-million project, which includes the land acquisition, is slated to begin in summer 2016.

HIFU Centers of America, LLC recently leased a 2,729-square-foot suite at the Sarasota City Center, 1819 Main St., Sarasota, where it will open an “In-Office Surgery Center."

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