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Sarasota

Sarasota, FL

Sarasota, FL—positioned just one block from 17th Street and under a mile from US-301 in a dense, infill industrial zone, DXD secured a 2.83-acre site at 2530 17th Street amid a downtown core slated for 1,400 new apartments and luxury residences and ranked the fourth fastest-growing U.S. market by U-Haul in 2023. DXD will deliver a three-story, Class A, climate-controlled facility encompassing 982 units (122,958 GSF / 93,123 NRSF; avg. 95 SF) to meet Sarasota’s elevated rental rates and limited new supply. With high barriers to entry and robust demand fundamentals, the project is modeled to stabilize at 93 % occupancy (914 units) within 30 months .

Fund

Fund II

Status

Under Construction

Gross Square Footage

122,958 gross sq ft

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