Inside the Quay in downtown Sarasota: A $27 million deal that came together quickly

By Ashley Gurbal Kritzer A Jacksonville developer’s plans to buy the Quay property in downtown Sarasota came together very quickly — so quickly that the group doesn’t have a formal plan for the land yet.

Ed Burr, CEO of GreenPointe Holdings LLC, said Friday that the opportunity came up in November and required closing very quickly. GreenPointe had previously tried to buy the property from the Irish government, which owns the land after absorbing the lender that foreclosed on it.

The Quay is a 15-acre parcel on Sarasota… Read More

Source:: TBBJ Real Estate