Whole Foods Market Centre Sold for $191M

2014-10-14T01:09:09-04:00

Consolidated - Tomoka Land Co. (NYSE: CTO) acquired the Whole Foods Market Centre at 1401-1451 1st St. in Sarasota, FL for $19.1 million. The 59,000-square-foot retail center was built in 2005 on 3.9 acres in Sarasota County. The asset is 98 percent occupied, anchored by a 36,000-square-foot Whole Foods Market grocery store with 10 years remaining on its master lease. The remainder of the space is occupied by multiple tenants, including Starbucks...

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