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Florida & Gulf Coast  + Central Florida  + Office  | 

Iconic Waterfront Office Tower Trades in Downtown Bradenton

Transwestern Real Estate Services (TRE) executed the sale of Plaza Del Rio, a 78,553-square-foot office tower at 101 Riverfront Blvd. in downtown Bradenton. The buyer was a Florida-based partnership, 101 Riverfront LLC, which acquired the asset for $8.6 million, or $109-per-square-foot.

Built in 1986, the seven-story property features ornate architecture with flexible floorplates, thoughtfully designed common areas, floor-to-ceiling windows and dramatic ocean views. The asset is 86% occupied by a diverse tenant roster of corporate, legal, finance, healthcare and personal service users, including CoAdvantage Corp. and Morgan & Morgan. The property is also subject to a ground lease.

Transwestern’s John Bell represented the unnamed seller.

Bell says, “Plaza Del Rio is an iconic office landmark. Companies are attracted to the tower’s exceptional building and neighborhood amenities, customizable tenant suites and its unmatched location at the core of Bradenton’s Central Business District.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.