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JBL Asset Management purchases Palm Harbor, Florida, retail plaza

Sutton Properties sells multi-property Alderman Plaza
Alderman Plaza was built in 1982 on about 4 acres. (CoStar)
Alderman Plaza was built in 1982 on about 4 acres. (CoStar)
By Alex Glomb
CoStar Research
June 10, 2026 | 5:29 P.M.

JBL Asset Management, a South Florida-based real estate investment firm, acquired Alderman Plaza in Palm Harbor, Florida, from Sutton Properties for $31 million, or about $331 per square foot.

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