In one of Sarasota/Manatee Counties’ largest commercial real estate lease transactions, outdoor furniture manufacturer Windward Design Group signed a long-term 281,276-square-foot industrial lease at 2150 Whitfield Avenue in Sarasota.
Jag Grewal of Ian Black Real Estate represented the landlord, Daylion, LLC, which has significant commercial real estate holdings in Miami and Venezuela. Gary Godsey and Scott Altieri of JLL represented the tenant.
Windward Design Group, a family business in Manatee County for over 25 years, is a quality manufacturer of outdoor furnishings and has been operating from seven different locations throughout the county.
“We’ve been working with Windward for some time to consolidate their operations under one roof,” said Grewal, partner at Ian Black Real Estate. “This is a phenomenal move for them and takes them up a notch from an efficiencies standpoint.”
The property was initially built in 1967 and expanded upon in stages beginning in 1990 for outdoor furniture manufacturing. It includes approximately 18,000 square feet of office and showroom space, 200,000 square feet is manufacturing space and 65,000 square feet of the warehouse is air-conditioned.
“This is well located for easy access to I-75, in an industrial park, with significant power in the building,” said Grewal. “Those features, plus having been built for outdoor furniture manufacturing, made it the perfect location for Windward.”
Windward is expected to take early occupancy of 60,000 square feet immediately and the rest of the space by July 15. Operations are anticipated to be fully up and running and the showroom open by the end of the year.
The tenant currently in the building, another outdoor furniture manufacturer, is relocating to a smaller location east of Interstate 75.
About Ian Black Real Estate
Ian Black Real Estate (IBRE) is a boutique commercial real estate brokerage firm located in Sarasota, Fla. The firm is one of the largest commercial brokerage firms in Southwest Florida and boasts a deep knowledge of the commercial real estate market in Sarasota and Manatee counties and the surrounding area. For more information, visit ian-black.com.