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Update, Plaza at Five Points.

August 8, 2006

The Plaza at Five Points just contracted to lease 12,746 square feet of office space to the law firm of Kirk Pinkerton PA. Other tenants at Five Point include Fifth Third Bank, Buchanan Enterprises and Clockwork Home Services Inc. With the completion of this new lease, The Plaza at Five Points now has all but 11,000 of it’s 110,000 square feet of commercial space occupied. In addition to the commercial and retail space at the Plaza, there are 50 condominium units. The Plaza at Five Points has been an immensely popular location. While many other condominiums in Sarasota’s downtown have many units for sale there are only 2 available at the Plaza. There is one priced at $950,000 and another at $949,000. During the past 6 months 8 have sold at an average price of $1,148,000 or $503 per square foot. The units currently available are priced at $542 per square foot. For more information about The Plaza at Five Points, visit www.sarasotacondominiums.com or click here.

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