OFFICE BUILDING IN LAKEWOOD RANCH SETS NEW COMMERCIAL BENCHMARK
Susan Goldstein of MSC Commercial Represented Lake Jackson Venture, LTD in the Sale
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March 3, 2021 (Sarasota, Fla) – Susan Goldstein of MSC Commercial, the commercial division of leading real estate broker Michael Saunders & Company, represented Lake Jackson Venture, LTD in the sale of a 20,809 SF office building at 6802 Energy Court in Lakewood Ranch. The single-story building sold for $4,735,000 on February 18th, breaking the $210/SF threshold for an owner/user property and showcasing the desirability of the Lakewood Ranch area for established businesses. Ian Back of IBRE represented the buyers, a private trust held in the name LRLVII, LLC.
“This is a strong purchase price for commercial real estate and a clear indication that more businesses are looking to Lakewood Ranch and our region as an attractive location for their headquarters,” said Goldstein. “20,000 +/- SF building for an owner/user is uncommon in this market, but something to watch as demand increases.”
6802 Energy Court was originally purchased as a net investment in 2013 with an existing tenant, Meridian Medical Management. Its location off Lakewood Ranch Boulevard just south of University Parkway grants convenient access to I-75 and the many exceptional community amenities for which Lakewood Ranch is known. MSC Commercial leveraged targeted marketing campaigns geared toward sublease, lease, and purchase opportunities to ultimately find the right buyer.
Susan Goldstein works out of the Michael Saunders & Company Commercial Division office at 100 South Washington Boulevard, Sarasota. She can be reached for further comment at 941.957.3730.
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About MSC Commercial
MSC Commercial is a team of experts specializing in the sale, lease, representation, and property management of commercial properties. Covering all of Manatee, Sarasota, Charlotte County, and beyond, this division of Michael Saunders & Company is known for local knowledge, global perspective and exceptional results.
Built and maintained on the strongest relationships in the business, MSC Commercial is part of the most dynamic network including local Realtor boards, Chamber of Commerce, and Economic Development organizations, as well as TCN Worldwide, ICSC, and CCIM.
MSC Commercial provides complete sale and leasing services in land, medical/office, retail, and industrial properties, as well as tenant and landlord representation. www.msccommercial.com