Feldman Equities Acquires Office Building On Main St In Sarasota For $50M

The office property located at 1819 Main St in Sarasota has been sold in a closed transaction. The transaction took place on 03/16/2020. The property spans across 247,947 square feet and was sold at a price of $50,000,000, which translates to a price per square foot of $201. The buyer in this transaction is Feldman Equities, represented by Larry Feldman, Tower Realty Partners, and Equity Street. The seller is Dilweg Cos.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $50,000,000
• Square Footage: 247,947
• Price per Square Foot: $201
• Date: 03/16/2020
• Buyer: Feldman Equities - Larry Feldman, Tower Realty Partners & Equity Street
• Seller: Dilweg Cos

The brokers involved in this transaction include Hermen Rodriguez, Ike Ojala, Matthew McCormack, Bryan Clark, and Daniel Pinkus.