James A. McLeod Of McLeod Land Services Acquires Office Building In Lakewood Ranch For $3.4M

McLeod Land Services purchased a 10,000 SF Class A office building at 7349 Merchant Court in Lakewood Ranch for $3.4M to relocate its headquarters. The asset is positioned in a region reflecting continued strength in the area’s commercial market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,400,000
• Square Footage: 10,000 SF
• Address: 7349 Merchant Court
• Market: Lakewood Ranch
• Price per Square Foot: $340
• Buyer: James A. McLeod - McLeod Land Services
• Broker: Adam Doak - American Property Group

The buyer, McLeod Land Services, is a Sarasota-based site development firm that was represented in this transaction by broker Adam Doak of American Property Group. This deal illustrates the ongoing activity and investment interest in the Lakewood Ranch commercial property market.