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NJR Development Co Acquires Sarasota Land

North American Properties Sells 1.1 Acres
May 15, 2013
NJR Development Company LLC acquired 1.1 acres at 8240 Bee Ridge Rd. in Sarasota, FL from North American Properties for $3,015,000.

The outparcel is located adjacent to a Publix-anchored shopping center in the Sarasota County submarket of Tampa. The level, finish-grade lot will be developed for a retail bank branch.

Patrick Nutt with Calkain Companies represented the seller.

Please see CoStar COMPS #2716561 for additional information on this transaction.

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