Sarasota Main Plaza

Paragon Realty Group Sells Sarasota Main Plaza for $18.1M

by John Nelson

SARASOTA, FLA. — Paragon Realty Group has sold Sarasota Main Plaza, a 254,677-square-foot mixed-use retail center located at 1991 Main St. in Sarasota, for $18.1 million. Patrick Berman and Jason Donald of Cushman & Wakefield represented Paragon, and Steve Horn of Ian Black Real Estate represented the buyer, a joint venture between Baird Inc., JMB Parent LLC and GPS Industries LLC, in the transaction. The two-story center is home to tenants including Regal Cinemas, the Florida Department of Revenue, Sarasota Family YMCA, Seaside National Bank and Sarasota County municipal offices.

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