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PO Box 1212 Tampa, FL 33601 Pinellas Updated August 2024
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RETURN TO NEWS INDEX Sarasota's Benderson Development picks up over 50 acres in Venice Benderson, a national developer based in University Park, said Monday that it has closed on North River Marketplace, a 51.5-acre parcel at the intersection of East Venice Avenue and North River Road in Venice. The seller is JEM Florida LLC, according to Sarasota County property records, and a deed for the transaction has not yet been filed.
When the property was listed for sale in May 2023, the proposed development was to include a grocer-anchored shopping center and residential units. Benderson did not disclose any plans for the property.
Benderson, which has a 50-plus-million-square-foot portfolio of 1,000 properties throughout the U.S., said its Sarasota area holdings include two properties near North River Marketplace: Jacaranda Plaza, which was previously a Kmart, and Cocoplum Village Shops along the Tamiami Trail in North Port.
The developer said it has closed on multiple properties in the last several months including Monarch Ranch, a 3,400-acre industrial development site in Wildwood; Glengary Shoppes in Sarasota; Linton Commons in Delray Beach; Publix Super Market at Olde Village in Englewood; a freestanding Publix Super Market in Pompano Beach; Bee Ridge Square in Sarasota; and Trader Joe’s stores in Columbia, South Carolina, and Asheville, North Carolina. |
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