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Kane Plaza Trades for $16.4 Million in Sarasota

TerraCap Sells 10-Story, 77,000-SF Medical Office Bldg.
By Jad Malaeb
May 16, 2018 | 7:55 P.M.

Locally-based TerraCap Management sold the 10-story Kane Plaza in Sarasota, FL to a private investor taking title as JLK Global Fund U.S. 2 Inc. The 77,089-squre-foot medical office building traded for $16.35 million, or approximately $212 per square foot.

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