WMG Development Buys Sarasota Office Building For $24 Million

By Jay Wittner January 11, 2023

Sarasota’s 12 story Zenith Insurance office building sold for $24 million. The building & parking garage are on a 1.1 acre parcel in downtown Sarasota. It appears the buyer will convert the site into a mixed use property. The buyer, WMG Development, has active construction projects in 24 states. The property is located at 1390 Main Street.