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Avison Young represents Kimco Realty in 10,500 SF, new-to-market retail lease with world’s largest swim school franchise at Tuttlebee Plaza in Sarasota, Fla.
May 19, 2020Aqua-Tots Swim Schools expands footprint with first location in Southwest Florida
Sarasota, Fla. — Avison Young negotiated a new-to-market 10,500-square-foot lease at Tuttlebee Plaza at 3700 S. Tuttle Ave. in Sarasota, Florida, on behalf of the landlord, Kimco Realty Corporation. The new lease marks the first Southwest Florida location for Aqua-Tots Swim Schools, the world’s largest swim school franchise which serves over 100 communities in 14 countries.
The landlord representation team was led by Avison Young Senior Vice Presidents Nick Robinson, Jason Hurst, and Gavin Johnson.
“The Tuttlebee Plaza shopping center offers its tenants a prime location within Sarasota’s central, most densely populated trade area,” said Robinson.
The Tuttlebee Plaza is conveniently located between downtown Sarasota and the Palmer Ranch area, serving over 80,000 households within a 5-mile radius with an average household income of $86,000. Anchored by TJ Maxx and YouFit, the shopping center features superb visibility and easy access via Bee Ridge Road and Tuttle Avenue. The center also offers a total combined traffic count of over 50,000 cars per day.
“There is an immense need for children, particularly in Florida, to learn how to remain safe in and around water,” said Lindsay Leary, who co-owns Aqua-Tots Swim Schools in Sarasota with her husband David. “Aqua-Tots has been the leader in the swim instruction industry since 1991, and we are thrilled to serve the Sarasota community with quality swim lessons and water safety education.”
Kyle Mahoney and Jim Kovacs of Colliers International Tampa Bay and Mike Kumelski of NAI Horizon represented the tenant in the transaction.
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises thousands of real estate professionals in more than 100 offices around the world. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.
Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.
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For more information:
- Nick Robinson, Senior Vice President, Avison Young: 941.260.0410
- Jason Hurst, Senior Vice President, Avison Young: 352.415.0858
- Gavin Johnson, Senior Vice President, Avison Young: 352.562.7687