Manatee County and the City of Venice have finalized property acquisitions totaling $35.3 million, both facilitated by Sarasota-based Ian Black Real Estate.
Manatee County purchased a 101,000-square-foot, two-story office building on 11.28 acres, at 9000 Town Center Parkway, in Lakewood Ranch,(pictured above) for $23.5 million. The county plans to use the site as an additional government campus to better serve its growing population, according to a statement.
The seller, CMHC9000 JV, is a joint venture between affiliates of MHCommercial Real Estate Fund, of West Palm Beach, and Contrarian Capital Management, of Greenwich, Connecticut. At the time of the sale, the building was fully leased by one tenant set to vacate by January. The county will begin moving in phases soon after closing…