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

TRD MIAMI /
Sep.September 09, 2017 01:00 PM

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.

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


Related Articles

arrow_forward_ios
18770 Northeast Sixth Avenue

Miami warehouse leased to Southeast Frozen Foods sells for $31M

Armando Codina and his daughter, Ana-Marie Codina Barlick and Beacon Logistics Park

Biggest private corporation in US inks lease at Beacon Logistics Park

1350 Northwest 74th Street and Andy Charry (Credit: Google Maps)

MDH Partners buys Liberty City warehouse

1000 Southeast 8th Street, Andrew Gurewitsch and Harry Weisman and Barry Katz

Duty Free Americas owner will have to pay taxes on this sale

690 Northwest 13 Street and Francisco Martínez-Celeiro (Credit: Google Maps, Wikipedia)

The final act: Spaghetti western star sells Overtown warehouse for $10M

Rendering of Bridge Point 595 and Kevin Carroll

Bridge Development nabs $60M loan for Davie industrial project

3208 Northwest 72 Avenue and Blackstone CEO Stephen Schwarzman (Credit: Google Maps and Getty Images)

Blackstone buys industrial portfolio near Miami airport for $56M

Public Storage CEO Ronald Havner (Credit: Twitter)

Public Storage picks up industrial portfolio in Miami-Dade for $63M

arrow_forward_ios
Loading...