Lakewood Ranch

Music on Main – This Friday

Benefitting Wobbly Feet Foundation, Inc.

Main Street at Lakewood Ranch will host its monthly Music on Main concert Friday, September 3, 2010 from 6-9 p.m. The Mitch Clark Band will take the stage with up-tempo; contemporary music, and beer, wine and food sales will benefit The Wobbly Feet Foundation, Inc. Wobbly Feet Foundation, Inc., a 501(c) 3, was created to provide education, an internet based support group and financial support to medical professionals who conduct scientific research for the improvement of symptoms, or cure of, Ataxia Telangiectasia, as well as, to provide financial support to families of a child diagnosed with Ataxia Telangiectasia for beneficial medical equipment and treatment.  Established by Manatee County residents, Nick and Samantha Dzembo after their son Connor was diagnosed 1 year ago, Wobbly Feet Foundation is in talks to co-fund their first medical research project along side the A-T Children’s Project (a national A-T non-profit) as well as offer their first round of grants to A-T families for purchase of non-reimbursable medical equipment needed for their children to remain in public school.

Check out the fountain area for some extra activities, including Akiko face painting’s unique designs and Aggie Originals’ caricature art.  Walk around and enjoy the many shops and restaurants!

This month we are proud to welcome The Main Street Trattoria to the restaurant choices on Main Street, and Big Olaf Creamery is celebrating its one year anniversary on Main Street with specials all weekend.

Guests are welcome to bring chairs, but please leave coolers at home. Dogs are welcome, but must be kept on a short leash. Overflow parking is available at the Lakewood Ranch Medical Center. Charities interested in applying to be a beneficiary of the proceeds from the sale of beer and wine during future concerts will find an application on our Web site, www.LWRmainstreet.com.

The series is made possible by our generous sponsors:  Lakewood Ranch Herald, WWSB ABC 7, SRQ Media Group, Lakewood Ranch Medical Center, M & I Bank, Conley Buick Subaru Conley Buick & GMC,,Minto Communities,  WLSS News Talk 930 AM and Michelob Ultra.

UTC to keep headquarters here, plans to add 23 jobs

LAKEWOOD RANCH — The Lakewood Ranch-based United Technologies Corp. announced Friday that several divisions of its business unit, UTC Fire & Security, will maintain Manatee County as its headquarters.

Manatee County approved local and state incentives for the company due to concern UTC Fire & Security might choose to relocate several company divisions after United Technologies acquired GE Security earlier this year.

UTC Fire & Security President William Brown announced its three divisions — Global Security Products, Global Fire Products and Fire & Security Services — will maintain its Lakewood Ranch facility off Town Center Parkway and projects it will add 23 jobs to its current workforce of 227.

“We wanted to improve our competitive position and consolidate some overlapping activities that resulted from the GE Security acquisition,” said John Moran, spokesman for United Technologies Corp, which is based in Farmington, Conn.

The 23 jobs will be created over the next two to three years due to anticipated growth in the UTC Fire & Security division, which provides fire safety and security solutions.

The Manatee County Board of Commissioners approved a match for state incentives and a local grant that will total no more than $92,000 over the next five years.

“This ensures that the operations and the jobs associated with the local facility will not only remain, but will grow,” said Eric Basinger, executive director of the Manatee Economic Development Council in a news release.



Read more: http://www.bradenton.com/2010/07/31/2472338/utc-to-keep-headquarters-here.html

Lakewood Ranch Distressed Properties Update

Office Property for Sale

Office Condo Space Fruitville Road at 2989 Fruitville Road, Sarasota FL, 34237
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Office Property for Sale

FORECLOSED: Lakewood Ranch Office Bldg at 5581 Broadcast Court, Sarasota FL, 34240
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Office Listing for Sarasota
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Industrial Property for Sale

Saunders Park at 5991 31st Street East, Bradenton FL, 34203
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Industrial Listing for Bradenton
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Industrial Property for Sale

50,000sf warehouse/office/showroom w 6 loading docks in the City of Sarasota at 4050 Middle Ave, Sarasota FL, 34234
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Industrial Listing for Sarasota
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Vacant Land Property for Sale

Two Industrial Lots – Bank Owned at 6781 / 6825 26th Court East, Sarasota FL, 34243
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Office Property for Sale

BANK OWNED OFFICE PROJECT, Sarasota, 10,065 sf Shell at 5228-5244 Paylor Lane, Sarasota FL, 34240
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Office Listing for Sarasota
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Industrial Property for Sale

Marlin Gate Center Unit at 2225 Sarasota Center Boulevard, Sarasota FL, 34240
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Industrial Listing for Sarasota
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Vacant Land Property for Sale

SHORT SALE!!!! N. Tamiami Trail 5 Parcel Assemblage at 3942 N. Tamiami Trail, Sarasota FL, 34234
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Vacant Land Listing for Sarasota
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Retail-Commercial Property for Sale

Twin Rivers Business Park Unit at 2850 Manatee Avenue East, Bradenton FL, 34208
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Retail-Commercial Listing for Bradenton
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Office Property for Sale

BANK-OWNED WATERFRONT OFFICE at 1460 S. McCall Road, Englewood FL, 34223
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Office Listing for Englewood
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Industrial Property for Sale

Industrial Short Sale at 7010 28th St. Court East, Sarasota FL, 34243
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Industrial Listing for Sarasota
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Vacant Land Property for Sale

PRICE REDUCED: BANK-OWNED MULTI-FAMILY-ZONED LAND – BURNT STORE ISLES at 3942 San Rocco Drive, Punta Gorda FL, 33950
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Office Property for Sale

BANK-OWNED Office – Newly Built, Nicely Finished, Fully Equipped with State-of-the-Art Systems, Ready to Occupy at 150 S. McCall Road, Englewood FL, 34223
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Industrial Property for Sale

BANK OWNED FORMER REPAIR SHOP at 1103 30TH Ave E, Bradenton FL, 34208
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Office Property for Sale

Stand Alone Professional Office Space at 520 27th Street West, Bradenton FL, 34205
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Vacant Land Property for Sale

BANK OWNED RESIDENTIAL LAND (17/AC) at 3503 53RD AVE E, Bradenton FL, 34203
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Vacant Land Property for Sale

PRICE REDUCED: BANK-OWNED MULTI-FAMILY-ZONED LAND – BURNT STORE ISLES at 3954 San Rocco Drive, Punta Gorda FL, 33950
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Vacant Land Listing for Punta Gorda
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Hospitality Property for Sale

CHARMING ISLAND OF VENICE MOTEL at 340 S Tamiami Trail, Venice FL, 34285
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Hospitality Listing for Venice
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Vacant Land Property for Sale

PRICE REDUCED: BANK-OWNED MULTI-FAMILY-ZONED LAND – BURNT STORE ISLES at 3918 San Rocco Drive, Punta Gorda FL, 33950
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Office Property for Sale

BRADEN RUN at 9050 58TH DRIVE, Bradenton FL, 34202
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Industrial Property for Sale

REO/Former Repair Shop at 1103 30th Ave E, Bradenton FL, 34208
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Multi-Family Property for Sale

SHORT SALE – 5 Parcel Portfolio In Gillespie Park at 5th St., Sarasota FL, 34236
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Multi-Family Listing for Sarasota
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Industrial Property for Sale

BANK OWNED – Porter Lake Flex Space 1,900 SF at 1875 Porter Lake Drive, Sarasota FL, 34240
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Vacant Land Property for Sale

High Traffic, Lighted Corner, PCD Zoning at 7259 N. Tamiami Trail, Sarasota FL, 34243
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Industrial Property for Sale

Free Standing Warehouse- SHORT SALE at 2651 Whitfield Avenue, Sarasota FL, 34243
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Industrial Property for Sale

Bank Owned Industrial Condo at 6610 26th Court East, Sarasota FL, 34243
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Vacant Land Property for Sale

PRICE REDUCED: BANK-OWNED MULTI-FAMILY-ZONED LAND – BURNT STORE ISLES at 3924 San Rocco Drive, Punta Gorda FL, 33950
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Vacant Land Listing for Punta Gorda
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Office Property for Sale

821 sq. ft. Office Condominium – Short Sale at 2831 Ringling Blvd, C-111, Sarasota FL, 34237
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Vacant Land Property for Sale

3.98 Acres on US 41 at 718 S. Tamiami Trail, Osprey FL, 34229
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Industrial Property for Sale

Bank Owned Warehouse at 6620 – 6626 26th Court East, Sarasota FL, 34243
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LAKEWOOD RANCH SALES SUCCESS & BUSINESS AWARDS


LWR Communities is pleased to announce the release of homesites in a new section of Country Club East. The first section of “Secret Harbor” will be released in the next week for reservations. “We are seeing a very high demand for our 62-ft. homesites,” said LWR Communities President Milt Flinn. “We are thrilled to be able to open up more homesites in this size range, surrounding beautiful Lake Royal, and expect some to sell and close by November of this year.”

So far this year, there have been more than 100 lots either reserved, under contract or sold in Lakewood Ranch.  Eighty-five homes are currently under construction.  There are 200 single family homes on the market in Lakewood Ranch, which amounts to less than 3 percent of the inventory, and 158 homes have sold on the resale market so far in 2010. The average price at closing of a new home in Lakewood Ranch this year was $576,710, with the average price of a resale home coming in at $434,807.

At The Lake Club, Lakewood Ranch’s exclusive and private, higher-priced gated community, five builders have committed to building new models in the new section called The Vineyards. This section will cater to buyers looking for homes in the 2,500- to 3,000-square-foot range.  The homes in the Vineyards will feature three different architectural styles and be on 84-foot-wide homesites.  John Cannon, Todd Johnston, Peregrine, Westwater and Marc Rutenberg Homes will all begin construction on their new models in the next 90 days.

In commercial real estate news, construction continues on two new restaurants coming to Main Street Lakewood Ranch—Eduardo’s Cantina and the Main Street Trattoria.  Both restaurants will open this summer. Also coming to Main Street is the popular Knot Awl Beads store, moving from its current location at Lakewood Walk.

Several Lakewood Ranch businesses are celebrating big wins at the Sarasota and Manatee counties chambers of commerce small business awards.  At the Sarasota County awards presentation the Think Green Business of the Year winner was Willis A. Smith. Willis A. Smith Construction, Inc. is located in the Lakewood Ranch Corporate Park.  The Young Business of the Year winner was International Construction Consultant, LLC located on Town Center Parkway.  The Small Business of the Year winner was Grapevine Communications Int’l., Inc., located in the Corporate Park.

In Manatee County, the Small Business of the Year winners were The Polo Grill and Bar and Fete Catering on Main Street and Willis A. Smith Construction, Inc.  Finalists included Grapevine Communications Int’l., Inc and Sunglass Express Optical on Main Street.  “The number of business award winners coming from Lakewood Ranch speaks volumes about our business community,” said Brian Kennelly, president of LWR Commercial Realty. “We could not be more proud of their accomplishments and encourage our merchants to continue to help shape and build our community with their vision, strength and leadership.  Lakewood Ranch has always been all about our residents and our business owners building this community and that is exactly what continues to take place, making this the best place to live, work and play.”

Lakewood Ranch Commercial Listings Summary- For Sale

UPDATED 8-2-2010

Office Property for Sale

6841 Energy Court at 6841 Energy Ct., Sarasota FL, 34240
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Vacant Land Property for Sale

60 days plot approval, zoning mix use. Can build to suit at 10008 E SR 64, Bradenton FL, 34212
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Office Property for Sale

BELOW MARKET 9,664SF FREESTANDING OFFICE at 5260 Paylor Lane, Sarasota FL, 34240
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Retail-Commercial Property for Sale

San Marco Plaza – Lakewood Ranch at 8209 Nature’s Way 203, Bradenton FL, 34202
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Retail-Commercial Listing for Bradenton
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Office Property for Sale

Ironwood Business Park Flex Condo For Sale at 7361 International Place, Sarasota FL, 34240
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Office Listing for Sarasota
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Vacant Land Property for Sale

Lakewood Ranch Corp Park Development Site at Communications Parkway, Sarasota FL, 34240
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Industrial Property for Sale

Lena Business Center – Close to I-75 – Unit 103 at 3103 81st Court East, Bradenton FL, 34211
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Office Property for Sale

Creekwood East Suite 104 at 5460 Lena Rd., Bradenton FL, 34211
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Industrial Property for Sale

Lena Business Center – Close to I-75 – Suite 107 at 3103 81st Court East, Bradenton FL, 34211
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Office Property for Sale

Creekwood East Suite 105 at 5460 Lena Rd., Bradenton FL, 34211
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Office Property for Sale

Creekwood East at 5454 Lena Rd., Bradenton FL, 34211
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Office Property for Sale

Free Standing Office Building For Sale in Lakewood Ranch at 7313 Merchant Court, Sarasota FL, 34240
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Office Property for Sale

Creekwood East Suite 106 at 5460 Lena Rd., Bradenton FL, 34211
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Office Property for Sale

Bank and Office Building – SR-70, Lakewood Ranch at 11509 Palmbrush Trail, Bradenton FL, 34202
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Industrial Property for Sale

Lena Business Center – Close to I-75 – Suite 106 at 3103 81st Court East, Bradenton FL, 34211
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Office Property for Sale

PORTAL CROSSING OFFICE-WAREHOUSE at 10530 Portal Crossing, Lakewood Ranch FL, 34211
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Office Property for Sale

6731 Professional Parkway at 6731 Professional Parkway West, Sarasota FL, 34240
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Vacant Land Property for Sale

MULTI-FAMILY DEVELOPMENT SITE at 5V Ranch Lake Boulevard, Bradenton FL, 34202
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Industrial Property for Sale

Creekwood Commons East/Unit #C-102 at 4920 Lena Road, Bradenton FL, 34211
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Vacant Land Property for Sale

MULTI-FAMILY DEVELOPMENT SITE at 5A Ranch Lake Boulevard, Bradenton FL, 34202
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Vacant Land Property for Sale

SR 64 – HERITAGE HAROUR – LAND – LOT 26 at 8265 Heritage Green Way, Lot 26, Bradenton FL, 34212
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Vacant Land Property for Sale

OFFICE/MEDICAL DEVELOPMENT SITE at 10 Ranch Lake Boulevard, Bradenton FL, 34202
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Vacant Land Property for Sale

SR 64 – HERITAGE HARBOUR – LAND – LOT 27 at 8265 Heritage Green Way-Lot 27, Bradenton FL, 34212
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Vacant Land Property for Sale

OFFICE/MEDICAL DEVELOPMENT SITE at 9 Ranch Lake Boulevard, Bradenton FL, 34202
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Office Property for Sale

FORECLOSED: Lakewood Ranch Office Bldg at 5581 Broadcast Court, Sarasota FL, 34240
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Vacant Land Property for Sale

VACANT LAND – CREEKWOOD EAST – LOT 29 at 5204 LENA ROAD, Bradenton FL, 34211
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Vacant Land Property for Sale

OFFICE/MEDICAL DEVELOPMENT SITE at 11 Ranch Lake Boulevard, Bradenton FL, 34202
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Office Property for Sale

8430 Enterprise Circle at 8430 Enterprise Cir., Bradenton FL, 34202
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Office Property for Sale

1838 Rye Rd., Suite B at 1838 Rye Rd., Bradenton FL, 34212
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Vacant Land Property for Sale

4615 Lena Rd at 4615 Lena Rd, Bradenton FL, 34202
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Industrial Property for Sale

Creekwood Commons East/Bldg. A/B at 4908/4914 Lena Road, Bradenton FL, 34211
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Vacant Land Property for Sale

4802 Lena Rd at 4802 Lena Rd, Bradenton FL, 34202
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Vacant Land Property for Sale

VACANT LAND – CREEKWOOD EAST – LOT 28 at 5110 LENA ROAD, Bradenton FL, 34211
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Office Property for Sale

1838 Rye Rd., Suite D at 1838 Rye Rd., Bradenton FL, 34212
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Office Property for Sale

10530 PORTAL CROSSING 101-108 at 10530 Portal Crossing-Suites 105 & 106, Lakewood Ranch FL, 34211
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Office Property for Sale

1838 Rye Rd., Suite E at 1838 Rye Rd., Bradenton FL, 34212
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Industrial Property for Sale

Lena Commons at 3115 81st Ct. E., Bradenton FL, 34211
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Office Property for Sale

1838 Rye Rd., Suite C at 1838 Rye Rd., Bradenton FL, 34212
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Industrial Property for Sale

Lena Business Center – Close to I-75 – Suite 106/107 at 3103 81st Court East, Bradenton FL, 34211
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Office Property for Sale

LAKEWOOD RANCH IRONWOOD BUSINESS PARK BANK OWNED at 7359 INTERNATIONAL PLACE, Sarasota FL, 34240
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Vacant Land Property for Sale

Commercial Land for Sale in Bradeton at SR 64 and Rye Road, Bradenton FL, 34206
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Vacant Land Property for Sale

LAKEFRONT RESTAURANT SITE at 1 Ranch Lake Boulevard, Bradenton FL, 34202
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Industrial Property for Sale

Lena at 3115 81st Court East, Bradenton FL, 34211
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Industrial Property for Sale

Canterbury Commons at 11033 Gatewood Dr. A-2, Bradenton FL, 34211
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Industrial Property for Sale

Canterbury Commons at 11053 Gatewood Dr. A-9, Bradenton FL, 34211
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Industrial Property for Sale

Flex Space on Lena, close I75 and SR 64 at 3245 E 81st Court, Bradenton FL, 34211
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Vacant Land Property for Sale

RICHLAND PLAZA OUTPARCEL at 10608 State Route 64 East & Portal Crossing, Bradenton FL, 34208
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Vacant Land Property for Sale

LAKEFRONT CORPORATE OFFICE SITE at 3 Ranch Lake Boulevard, Bradenton FL, 34202
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Vacant Land Property for Sale

I-75 HOTEL SITE at 2 Ranch Lake Boulevard, Bradenton FL, 34202
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Industrial Property for Sale

Creekwood Commons East/Bldg. C at 4920 Lena Road, Bradenton FL, 34211
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Office Property for Sale

Arthur Rutenburg Building at 9415 Town Center Parkway, Bradenton FL, 34202
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Office Property for Sale

6009 Business Blvd. at 6009 Business Blvd., Sarasota FL, 34240
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Industrial Property for Sale

Lena Business Center – Close to I-75 at 3103 81st Court East, Bradenton FL, 34211
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Office Property for Sale

Short Sale: Lowest Priced Lakewood Ranch Office! at 7361 International Place Unit 409, Sarasota FL, 34240
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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202
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Office Property for Sale

PORTAL CROSSING at 10520 Portal Crossing, Lakewood Ranch FL, 34211
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Retail-Commercial Property for Sale

Clock Tower – San Marco Plaza in Lakewood Ranch!! at 8113 Nature’s Way, Bradenton FL, 34202
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Retail-Commercial Property for Sale

San Marco Plaza – Lakewood Ranch at 8209 Nature’s Way 117, Bradenton FL, 34202
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Retail-Commercial Property for Sale

San Marco Plaza at 8215 Natures Way, Bradenton FL, 34202
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Office Property for Sale

LAKEWOOD RANCH OFFICE for SALE at 10520 Portal Crossing, Bradenton FL, 34211
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Office Property for Sale

San Marco Plaza #217 at 8209 Natures Way Unit #217, Bradenton FL, 34202
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Vacant Land Property for Sale

Braden River Riverfront Retreat or Residential Subdivision at 7134 Linger Lodge Road, Bradenton FL, 34202
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Office Property for Sale

San Marco Plaza #221 at 8209 Natures Way, Bradenton FL, 34202
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Office Property for Sale

BRADEN RUN at 9050 58TH DRIVE, Bradenton FL, 34202
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Industrial Property for Sale

Short Sale: Lowest Priced Lakewood Ranch Property! at 7361 International Place Unit 409, Sarasota FL, 34240
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Retail-Commercial Property for Sale

8205 Natures Way, Unit 111 at 8205 Natures Way, Unit 111, Bradenton FL, 34202
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Office Property for Sale

DEAL OF THE CENTURY IN LAKEWOOD RANCH! at 560 Communications Parkway, Sarasota FL, 34240
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Industrial Property for Sale

61,100 sq. ft. Manufacturing Facility at 7040 Professional Parkway East, Sarasota FL, 34240
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Commercial Properties for Sale in Lakewood Ranch: 1/28/2010

Industrial Property for Sale

Creekwood Commons East/Bldg. C at 4920 Lena Road, Bradenton FL, 34211

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Industrial Property for Sale

Creekwood Commons East/Bldg. A/B at 4908/4914 Lena Road, Bradenton FL, 34211

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Vacant Land Property for Sale

Lakewood Ranch Corp Park Development Site at Communications Parkway, Sarasota FL, 34240

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Office Property for Sale

FORECLOSURE – SHORT SALE: Lakewood Ranch Office Bldg at 5581 Broadcast Court, Sarasota FL, 34240

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Office Property for Sale

Bank and Office Building – SR-70, Lakewood Ranch at 11509 Palmbrush Trail, Bradenton FL, 34202

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Retail-Commercial Property for Sale

San Marco Plaza – Lakewood Ranch at 8209 Nature’s Way 203, Bradenton FL, 34202

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Office Property for Sale

UNIVERSITY PARKWAY OFFICES at 2970 UNIVERSITY PARKWAY, Sarasota FL, 34240

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Office Property for Sale

Arthur Rutenburg Building at 9415 Town Center Parkway, Bradenton FL, 34202

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Industrial Property for Sale

936 sq. ft. Unit – Lakewood Ranch at 7353 International Place, Unit 302, Sarasota FL, 34240

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Industrial Property for Sale

741 sq. ft. end unit – Lakewood Ranch at 7353 International Place, Unit 301, Sarasota FL, 34240

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Industrial Property for Sale

61,100 sq. ft. Manufacturing Facility at 7040 Professional Parkway East, Sarasota FL, 34240

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Retail-Commercial Property for Sale

REDUCED!!! RETAIL STORE SAN MARCO PLAZA IN LAKEWOOD RANCH at 8215 Natures Way, Bradenton FL, 34202

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Vacant Land Property for Sale

Heritage Harbour – 14+/- Acre Retail Site at 8350 SR 64 East, Bradenton FL, 34212

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Sarasota Memorial Healthcare Center – Heritage Harbour at 1040 River Heritage Boulevard, Bradenton FL, 34212

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1838 Rye Rd., Suite B at 1838 Rye Rd., Bradenton FL, 34212

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Industrial Property for Sale

Lena Business Center – Close to I-75 – Suite 107 at 3103 81st Court East, Bradenton FL, 34211

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Lakewood Ranch Technology Park (Sale) at 7224 Kyle Court, Sarasota FL, 34240

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Distribution Center at 7321 Trade Court, Sarasota FL, 34240

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10530 Portal Crossing 101-108 at 10530 Portal Crossing-Suites 105 & 106, Bradenton FL, 34211

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PORTAL CROSSING at 10520 Portal Crossing , Bradenton FL, 34211

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LAKEWOOD RANCH OFFICE for SALE at 10520 Portal Crossing, Bradenton FL, 34211

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RICHLAND PLAZA OUTPARCEL at 10608 State Route 64 East & Portal Crossing, Bradenton FL, 34208

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Shopping Center Property for Sale

COURTYARDS at MARKET SQUARE at 9114 Town Center Parkway, Bradenton FL, 34202

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Creekwood East at 5454 Lena Rd., Bradenton FL, 34211

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Creekwood East Suite 104 at 5460 Lena Rd., Bradenton FL, 34211

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Industrial Property for Sale

Canterbury Commons at 11033 Gatewood Dr. A-2, Bradenton FL, 34211

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Lena Commons at 3115 81st Ct. E., Bradenton FL, 34211

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Retail-Commercial Property for Sale

Clock Tower – San Marco Plaza in Lakewood Ranch!! at 8113 Nature’s Way, Bradenton FL, 34202

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Canterbury Commons Professional Park at 11035 Gatewood Dr. A-3, Bradenton FL, 34211

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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202

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Vacant Land Property for Sale

Flagship Rye Road at SR 64 and Rye Road, Bradenton FL, 34206

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Industrial Property for Sale

LENA COMMONS – Warehouse Condo Unit 204 at 3115 81st Ct. East Unit 204, Bradenton FL, 34211

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Free Standing 20,000+/- SF Office Building In Lakewood Ranch- Sale/Lease at 9009 Town Center Parkway – Lakewood Ranch, Bradenton FL, 34202

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DOORBUSTER PRICING ON THIS LAKEWOOD RANCH OFFICE! at 560 Communications Parkway, Sarasota FL, 34240

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Vacant Land Property for Sale

4615 Lena Rd at 4615 Lena Rd, Bradenton FL, 34202

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4802 Lena Rd at 4802 Lena Rd, Bradenton FL, 34202

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Office Property for Sale

4,800 SF Office Building at 9050 58th Drive East, Bradenton FL, 34202

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Retail-Commercial Property for Sale

8205 Natures Way, Unit 111 at 8205 Natures Way, Unit 111, Bradenton FL, 34202

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San Marco Plaza #217 at 8209 Natures Way Unit #217, Bradenton FL, 34202

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San Marco Plaza #221 at 8209 Natures Way, Bradenton FL, 34202

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LAKEWOOD RANCH IRONWOOD BUSINESS PARK BANK OWNED at 7359 INTERNATIONAL PLACE, Sarasota FL, 34240

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Vacant Land Property for Sale

LAKEFRONT RESTAURANT SITE at 1 Ranch Lake Boulevard, Bradenton FL, 34202

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I-75 HOTEL SITE at 2 Ranch Lake Boulevard, Bradenton FL, 34202

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LAKEFRONT CORPORATE OFFICE SITE at 3 Ranch Lake Boulevard, Bradenton FL, 34202

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MULTI-FAMILY DEVELOPMENT SITE at 5A Ranch Lake Boulevard, Bradenton FL, 34202

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OFFICE/MEDICAL DEVELOPMENT SITE at 9 Ranch Lake Boulevard, Bradenton FL, 34202

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6841 Energy Court at 6841 Energy Ct., Sarasota FL, 34240

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Ironwood Business Park at 7361 International Place, Sarasota FL, 34240

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Vacant Land Property for Sale

Short Sale of Improved and Pad Ready for 8000 to 93,000+/- sf of office in Lakewood Ranch at 8915 77th Terrace East, Bradenton FL, 34202

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Lakewood Ranch Office At Incredibly Low Price at 7361 International Place Unit 410, Sarasota FL, 34240

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VIDEO: What’s in Store for Lakewood Ranch in 2010

2010 REAL ESTATE OFF TO A GREAT START IN LAKEWOOD RANCH

The year has started out strong for residential and commercial real estate in Lakewood Ranch. With just 206 homes on the market in Lakewood Ranch, there is actually a shortage of available homes to purchase.  “In February 2007, there were 850 homes on the market in Lakewood Ranch,” said LWR Communities president Milt Flinn. “With such a dramatic decrease in inventory, we are now seeing a surge of new home “to-be-built” sales in Lakewood Ranch; a surge that really began in the fourth quarter of 2009.  In December of 2009 alone, we closed on 21 homesites—homes to be built in 2010. In addition, Lakewood Ranch builders purchased nine sites for inventory homes and models to be built in 2010—all great signs that the real estate recovery is beginning here.”

As further evidence of a rebounding market, in The Lake Club, Lakewood Ranch’s high end community with homes starting in the $800s, eight homes were sold in 2009, totaling $16.5 million in sales.  Miramar, a condo and townhome community off University Parkway in Lakewood Ranch, sold out of all inventory in the second week of 2010.  There are 60 additional homes to be built in Miramar and construction is expected to begin this year.

LWR Commercial Realty expects to expand into Sarasota and Manatee counties in a big way in 2010.  “We have already seen some great things for commercial realty in 2010,” said LWR Commercial Realty president Brian Kennelly. “Business owners are taking advantage of great opportunities and our vacancy rate continues to be lower here than in surrounding areas, at just 14.9% compared to 22.9% in Sarasota and Manatee counties, and 22.1% in the I-75 corridor.  Main Street also continues to thrive and is buzzing with excitement about our new adventure golf course that is coming this spring.”

Other exciting things to come in 2010 include plans for more affordable homes in Lakewood Ranch.  LWR Communities has four new neighborhoods in the planning stages north of State Road 70 to be started over the next two years. Preliminary plans for these neighborhoods include an age-targeted community, workforce housing and apartment homes. In addition, Neal Communities will open Central Park in July 2010, with smaller homes starting in the low $100s. “As we celebrate our 15 year anniversary of the first home sold on the Ranch, we are reminiscent of a time when homes were more affordable here,” said Rex Jensen, CEO and President of Schroeder- Manatee Ranch. “Our goal is to provide workforce housing so that everyone who works in Lakewood Ranch can afford to live and play here as well. While we will never abandon the country club lifestyle and amenities that Lakewood Ranch is known for, we are anxious to get back to providing affordable home options like we did back in the beginning, 15 years ago, when our first home sold for $89,000.”

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Lakewood Ranch is the 8,500-acre award winning master-planned community in Sarasota and Manatee counties on the West Coast of Florida. Visit www.lakewoodranch.com.

Schroeder-Manatee Ranch now in control of Lakewood Ranch Main Street

By Michael Braga / Full Story Here.

Published: Tuesday, January 12, 2010 at 1:00 a.m.
Last Modified: Monday, January 11, 2010 at 8:40 p.m.

Main Street Lakewood RanchLAKEWOOD RANCH – A difference in philosophy is behind a change in ownership at Lakewood Ranch’s principal shopping and entertainment district.

Casto Lifestyle Properties, a Sarasota company that manages retail developments in three states, has transferred its stake in the 158,000-square-foot, mixed-use project to Schroeder-Manatee Ranch Inc., the developer of the 8,500-acre community.

Faced with a high vacancy rate of 17 percent and a feeble economic recovery, control of the Main Street development will give SMR more flexibility to attract new tenants, company managers said.

“SMR’s control of the ownership and management responsibility underscores its commitment to the project and also enhances our ability to shape the direction of this important component of our rapidly growing community,” said Rex Jensen, SMR’s president.

Anthony Homer, who along with Diane Lawson is now in charge of leasing and sales for the Main Street retail district, said the debate came down to development versus cash flow.

“What you had before was two organizations with different philosophies,” Homer said. “Casto was more cash-flow oriented, while SMR sees Main Street as a development tool. Its success will help SMR sell homes.”

Though Lakewood Ranch’s Main Street has been more successful than most retail developments in attracting tenants in these difficult economic times, its vacancy rate remains high.

The Good Earth Natural Foods store moved into the anchor position vacated by Morton’s gourmet market in March 2008, while an oil and vinegar shop and a Big Olaf ice cream outlet moved into smaller adjacent space.

More recently, entrepreneurs opened a bicycle store and a gift shop that will double as a management office when the Fish Hole miniature golf course opens across the street.

“The addition of new tenants is a move in the right direction,” says Jack McCabe, a Deerfield Beach-based real estate consultant. “Most retail is still going in the opposite direction.”

SMR’s decision to take control of the development also is a good one, McCabe said. “Now they can deploy a retail strategy that will have a positive impact on residential sales.”

It is not the first time that SMR has seized control of its destiny.

Main Street Lakewood Ranch

It stopped developers Stanley Appel and Gary Moyer from moving ahead with the second phase of their San Marco retail project, and it took control of a failed hockey arena project after developer Sal Diaz-Verson was unable to come up with enough money to complete the building that later became known as “Stonehenge.”

Jensen acknowledged that SMR originally outsourced these projects to outside developers because it lacked the confidence and contacts necessary to bring them to fruition.

“Retail has always been a specialized thing and you need to have a lot of industry contacts,” Jensen said. “We simply didn’t have that. But now we have evolved to a point where we can bring that in house.”

Jensen said he has a lot of respect for Casto, but agreed that the company has a different perspective.

“Almost everything at SMR involves a balancing act,” Jensen said. “Our interests involve a wide variety of opportunities that are all focused on this property. Casto owns interests in a discrete number of projects in a wide variety of locations. We have different approaches based on the different things we do.”

While Casto might view Main Street by the impact on its own bottom line, SMR is be more inclined to use it to entice home buyers and corporate businesses to call Lakewood Ranch home.

“We are now free to do that without reference to a partner with more targeted goals,” Jensen said.

This story appeared in print on page D1

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TWO NEW COMPANIES COMING TO LAKEWOOD RANCH

FOR IMMEDIATE RELEASE

JANUARY 4, 2010

NEW MERCHANTS AT LAKEWOOD RANCH

TWO NEW COMPANIES COMING TO LAKEWOOD RANCH

LWR Commercial Realty  is pleased to announce the addition of two new merchants to Lakewood Ranch in two different locations.

Ming Wu Martial Arts has opened at the corner of Lorraine Road and SR 70, and The Fish Hole Adventure Golf will be opening on Main Street in the spring of 2010.

Ming Wu Martial Arts opens today, January 4th and owner Jessie Vi is an award winning martial artist and humanitarian who has been honored nationally for his skills.  Step daughter and student, 15 year old Paige Oswald, a second degree black belt, was just recruited onto the United States National Martial Arts Team and will be one of the teachers at the school.  “I am so excited to finally be opening a school in Lakewood Ranch,” said owner Jessie Vi. “It has been a long time dream to bring Ming Wu to such a family oriented neighborhood where so many children and adults can benefit from the exercise and discipline martial arts can offer.  Ming Wu martial arts is open to anyone ages 3 to 103!”  The Grand Opening special offers three weeks of classes for $19.95 and includes a free uniform.

In addition, through March, Jessie Vi will offer a free 30 minute martial arts class to the first 20 students who sign up on Saturday morning for the 10:15 to 10:45 class. Doors open at 9:00 AM.

The Fish Hole on Lake Uihlein is adventure outdoor miniature golf, and will begin construction on their facility which borders Lake Uihlein in February.  Owner Jacob Spooner currently operates an adventure golf facility on Anna Maria Island and grew up in Manatee County.  “We could not be more thrilled to be bringing adventure golf to Main Street at Lakewood Ranch,” said Spooner. “This type of family friendly activity crosses all borders and gives kids a fun, safe and exciting activity to enjoy all year round.”   Julia DeCastro, on site property manager at Main Street could not agree more.  “We are so thrilled to have more entertainment for families and kids, and we know The Fish Hole will be a popular spot!”

Spooner will also open a golf and novelty store called “Main Street Bazaar” just a few stores down from the golf course.  That store is expected to open first in March.

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Lakewood Ranch is the 8,500-acre award winning master-planned community in Sarasota and Manatee counties on the West Coast of Florida. It is the largest Green-Certified community in the country. For more information on Lakewood Ranch, visit www.lakewoodranch.com.

Candice

Candice McElyea

Public Relations & Promotions Manager

Lakewood Ranch/SMR

941-757-1546 office

941-232-9046 cell

Tough times for Sarasota and Manatee commercial real estate

By KEVIN L. McQUAID

Published: Monday, January 4, 2010 at 1:00 a.m.

STAFF PHOTO / CHIP LITHERLAND
It’s more difficult to borrow money, vacancies are up, values and rent are down and the key to a solution – jobs – could be years away.

To borrow a biblical expression, it may be easier these days to pass a camel through the eye of a needle than it is to get a commercial real estate loan.

Despite federal bail-out money intended to stimulate lending, loans for investment in office buildings, shopping centers, industrial sites and raw land are increasingly rare, the result of falling values and other factors.

Commercial property owners and mortgage brokers say the lack of capital also stems, in part, from new federal regulations intended to staunch foreclosures and halt the aggressive lending practices of the early 2000s.

“It’s ironic that the federal government put all the stimulus money into banks, while another branch of the government is over-regulating capital reserve requirements on banks,” said Brett Hutchens, chief executive officer of Casto Lifestyle Properties, a Sarasota development firm that owns shopping and lifestyle centers nationwide.

“The same government is providing both the carrot and the stick to lenders,” Hutchens said. “It’s created gridlock and made lending and borrowing very, very difficult.”

“It’s a Catch-22 the government has imposed,” said N.J. Olivieri, president and owner of Sarasota-based Horizon Mortgage Corp. “They tell the banks to make loans but then tell the FDIC to tighten the restrictions on new lending.”

New regulations notwithstanding, lenders say the pullback in available credit is appropriate, given the shaky economy.

“Banks are simply not looking to take extended risk today,” said Charlie Murphy, chief executive of the Bank of Commerce, a Sarasota lender, and a board member of the Florida Bankers Association, a trade group.

“It’s not unusual for banks, in bad economic times, to tighten their lending standards,” Murphy said. “And regulators are not too happy these days about allocating new money to commercial real estate.”

Other forces

Banks have been hurt, as well, by other forces beyond their control.

Most notable has been the exit from the lending market by risk-averse insurers and pension funds, typically a key source for permanent mortgages.

That has crippled commercial real estate owners seeking to refinance or simply shift loans from banks, as is usually done.

That, in turn, has forced banks to keep mortgages on their books, which further limits their ability to cut new loans — especially in the construction and real estate sectors.

The precipitous drop in commercial real estate values — combined with falling rental rates on nearly every property segment — represents the largest factor in the dearth of lending, however.

Retail rental rates have fallen by as much as half, and many tenants remain unable to pay rent at all, part of the fallout from the longest economic recession since the Great Depression.

Vacancies, too, from super-regional malls to neighborhood-anchored strip centers, have risen dramatically.

“In many cases, shopping centers are full, but not all of the tenants are paying rent,” Olivieri said. “Landlords don’t want their space to go dark, so they’re letting them stay put.”

Office rents have also fallen, in Southwest Florida and nationwide — by 20 percent to 30 percent in some cases.

“In some submarkets, there is an even greater devaluation of rents,” said John Harshman, president of Harshman & Co., a Sarasota commercial real estate brokerage firm.

The lack of income, and decrease in values, has forced many property owners to come up with new equity on loans to satisfy lenders’ re-appraisals, investors say, even on performing mortgages.

Regulators, too, are calling on banks to beef up reserves and loan coverages by thinning loan-to-value ratios.

Restrictions

Meanwhile, the few commercial real estate loans that are available come with excessive restrictions, including onerous equity requirements and repayment schedules, which are also the result of new federal regulations.

In many cases, lenders that once required investors to put down 20 percent or 30 percent equity are demanding twice those percentages — and borrowers’ personal guarantees — before they will consider loaning money.

“We’ve gone from having an unsecured line of credit, on a performing loan, to getting a commitment for just one-year from the bank, and the terms are complex,” said Andy Dorr, a senior vice president with Githler Development Co., a Sarasota real estate investment and development firm.

As a result, Horizon and others have begun lining up equity partners for developers or investors, Olivieri said.

At the same time, Dorr said, the costs associated with commercial real estate borrowing — appraisals, origination fees, legal expenses and environmental analysis — have increased in many cases.

The hiked fees and the lack of new capital are both tied, investors and lenders say, to the fear that a commercial real estate meltdown is in the offing. Already, development giants such as mall owner General Growth Properties have defaulted on commercial real estate loans — a signal to some analysts that another wave of foreclosures is ahead. Next year alone, hundreds of billions of commercial real estate loans, many of which were cut during the real estate boom and required interest-only payments, will mature or come due nationwide. When that occurs, many predict, defaults will spike.

“Everyone keeps saying that commercial real estate is the next shoe to drop,” Hutchens said. “Well, I have to agree: It’s about to drop.”

The answer, industry experts say, can be summed up in a single word: Jobs.

“We have to stimulate the economy with more jobs and small business,” Murphy said. “When we have jobs, then businesses expand and the economy cycles upward. The opposite is also true, and it creates a vicious, self-fulfilling prophecy.”

“People have to go back to work,” Olivieri said. “Specifically, in construction.

“Construction has always led the way out of recession; it’s key. It starts the employment cycle, and then retailers hire and the cycle returns to supply and demand. But if you don’t have a job, if you don’t know where your next dollar is coming from, then you don’t spend,” Olivieri said.

Unfortunately, for Florida, that job growth may be a long time in coming.

Unemployment in Southwest Florida stands at 12.7 percent, slightly above the 11.5 percent statewide average, which is at the highest level since October 1975. Nationally, unemployment is just under 10 percent.

Even more dire are some economists’ predictions that Florida’s unemployment rate will not fall to 6 percent — within the range of a moderately healthy economy — until 2018.

If that proves true, experts believe commercial real estate will remain depressed well into the future.

“The 12 percent unemployment rate in Sarasota and Manatee counties, and the 10 percent rate nationally, will create more commercial real estate vacancies,” Harshman said. “And more vacancies will, in turn, further drive down commercial real estate values.”

This story appeared in print on page D6

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