Navona is pleased to announce the acquisition of 6101 Sawyer Loop Road in Sarasota, Florida at the end of August 2019. The construction of the 60,000 sq. ft. building on the 6.6 acre lot was completed in 2019 and offers extension potential of an additional 10,000 sq.ft.
The property is located in the growing city of Sarasota on the west coast of Florida, about an hour’s drive south of the metropolis Tampa-St. Peterburg and one and a half hours north of Fort Myers. Sarasota is an important city in the Bradenton-Sarasota-Venice district. The property is leased on a long-term basis to Hajoca Corporation. With 360 branches and 1,300 employees, Hajoca Corporation is the largest privately owned wholesale company for plumbing, heating and industrial supplies in the United States.
216 Wilkinson Road, Brampton, Ontario
The Property with a total area of 30,000 sq. ft. was leased long-term to an industrial contractor who specializes in the relocation, installation and maintenance of industrial equipment.
130 Bell Farm Road, Barrie, Ontario
Unit 1 with a total area of 2,511 sq. ft. was leased long-term to Hospice Simcoe, a facility that organizes meetings and information seminars with individuals and groups on palliative care and supporting bereavement.
Units 2&3 with an area of 4,615 sq. ft. were leased long-term to a Chinese restaurant.