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South Florida

Restaurant Depot buys airport land for Gulf Coast location

The restaurant food distributor plans to spend up to $12 million for a location on land at Sarasota-Bradenton International Airport

Restaurant Depot operates as a cash and carry restaurant food supplier
Restaurant Depot operates as a cash and carry restaurant food supplier

Wholesale food distributor Restaurant Depot is buying land at an airport on Florida’s Gulf Coast and plans to invest $11 million to $12 million in a 60,000-square-foot property development there.

New York-based Restaurant Depot made a deal to pay $1.27 million for 6.2 acres in the southeast corner of Sarasota-Bradenton International Airport.

The transaction is expected to close in two months. Restaurant Depot expects to open its 60,000-square-foot location at Sarasota-Bradenton International in mid-2018.

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It would be the first land sale in at least 20 years by the airport, which is run by a dual authority formed by Sarasota County and Manatee County.

Restaurant Depot, a food wholesaler catering to restaurants, plans to use its planned location at the airport to serve the Gulf coast market from the Sarasota area south to Fort Myers.

The wholesale company has locations in 32 states, including 10 in Florida. Its website lists South Florida locations in Miami, Pompano Beach and Riviera Beach. [Sarasota Herald-Tribune] – Mike Seemuth

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Industrial Real Estate MarketSarasota