Aster & Links Achieves Leasing Milestone with One-Third of Residential Units Now Leased
Belpointe PREP (NYSE: OZ) has announced a significant leasing milestone for its flagship property Aster & Links, with approximately one-third of its 424 residential units now leased following its grand opening in April 2025. Located in downtown Sarasota, Florida, this luxury mixed-use development offers one-, two-, and three-bedroom apartments, including two-level penthouses.
The property features approximately 60,000 square feet of retail space, with confirmed tenants including Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, Servis1st Bank, and SkinSpirit. The development's success demonstrates strong demand for upscale residential properties combining modern design, resort-style amenities, and prime downtown location with walkable access to arts, dining, and waterfront attractions.
Belpointe PREP (NYSE: OZ) ha annunciato un importante traguardo di locazione per il suo immobile di punta Aster & Links, con circa un terzo dei suoi 424 appartamenti residenziali già affittati dopo l'inaugurazione avvenuta nell'aprile 2025. Situato nel centro di Sarasota, Florida, questo sviluppo di lusso a uso misto offre appartamenti con una, due e tre camere da letto, inclusi attici su due livelli.
L'immobile dispone di circa 60.000 piedi quadrati di spazio commerciale, con inquilini confermati come Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, Servis1st Bank e SkinSpirit. Il successo del progetto evidenzia una forte domanda per proprietà residenziali di alto livello che combinano design moderno, servizi in stile resort e una posizione centrale con facile accesso a piedi ad attrazioni artistiche, ristoranti e al lungomare.
Belpointe PREP (NYSE: OZ) ha anunciado un hito importante en el arrendamiento de su propiedad principal Aster & Links, con aproximadamente un tercio de sus 424 unidades residenciales ya alquiladas tras su gran apertura en abril de 2025. Ubicado en el centro de Sarasota, Florida, este desarrollo de lujo de uso mixto ofrece apartamentos de una, dos y tres habitaciones, incluyendo áticos de dos niveles.
La propiedad cuenta con aproximadamente 60,000 pies cuadrados de espacio comercial, con inquilinos confirmados como Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, Servis1st Bank y SkinSpirit. El éxito del desarrollo demuestra una fuerte demanda de propiedades residenciales de alta gama que combinan diseño moderno, comodidades estilo resort y una ubicación céntrica con acceso a pie a atracciones artísticas, gastronómicas y frente al mar.
Belpointe PREP (NYSE: OZ)는 대표 부동산 Aster & Links의 임대에서 중요한 이정표를 발표했습니다. 2025년 4월 그랜드 오픈 이후 424개의 주거 유닛 중 약 3분의 1이 임대 완료되었습니다. 플로리다 주 사라소타 다운타운에 위치한 이 고급 복합용도 개발 단지는 1, 2, 3베드룸 아파트와 2층 펜트하우스를 제공합니다.
이 부동산은 약 60,000평방피트의 소매 공간을 갖추고 있으며, 입주 확정된 테넌트로는 Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, Servis1st Bank, SkinSpirit 등이 있습니다. 이 개발의 성공은 현대적인 디자인, 리조트 스타일의 편의시설, 주요 도심 위치와 예술, 식사, 해변 명소로 도보 접근이 가능한 고급 주거지에 대한 강한 수요를 보여줍니다.
Belpointe PREP (NYSE : OZ) a annoncé une étape importante dans la location de sa propriété phare Aster & Links, avec environ un tiers de ses 424 unités résidentielles déjà louées après son inauguration en avril 2025. Situé au centre-ville de Sarasota, en Floride, ce développement de luxe à usage mixte propose des appartements d'une, deux et trois chambres, y compris des penthouses sur deux niveaux.
La propriété comprend environ 60 000 pieds carrés d'espace commercial, avec des locataires confirmés tels que Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, Servis1st Bank et SkinSpirit. Le succès de ce développement témoigne d'une forte demande pour des résidences haut de gamme alliant design moderne, équipements de style resort et emplacement privilégié en centre-ville avec un accès piéton aux attractions artistiques, gastronomiques et en bord de mer.
Belpointe PREP (NYSE: OZ) hat einen bedeutenden Vermietungserfolg für seine Flaggschiff-Immobilie Aster & Links bekannt gegeben, wobei etwa ein Drittel der 424 Wohneinheiten nach der Eröffnung im April 2025 bereits vermietet ist. Das Luxus-Mischentwicklungsprojekt befindet sich im Stadtzentrum von Sarasota, Florida, und bietet Ein-, Zwei- und Drei-Zimmer-Wohnungen, darunter zweistöckige Penthäuser.
Die Immobilie verfügt über rund 60.000 Quadratfuß Einzelhandelsfläche, mit bestätigten Mietern wie Sprouts Farmers Market, OfKors Cafe, Isabel Boutique, Servis1st Bank und SkinSpirit. Der Erfolg der Entwicklung zeigt eine starke Nachfrage nach gehobenen Wohnimmobilien, die modernes Design, Resort-ähnliche Annehmlichkeiten und eine erstklassige Innenstadtlage mit fußläufigem Zugang zu Kunst, Gastronomie und Wasserattraktionen verbinden.
- Successfully leased 33% of 424 residential units shortly after grand opening
- Secured multiple high-profile retail tenants across 60,000 sq ft of retail space
- Strategic location in downtown Sarasota with access to key attractions
- Diverse unit mix including premium penthouses showing market positioning
- 67% of residential units remain unleased
- Retail space not fully occupied with more tenants still needed
Sarasota, FL, May 13, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) (NYSE American: OZ), a publicly traded qualified opportunity fund, is proud to announce that its flagship asset, Aster & Links, a premier 424-unit mixed-use luxury apartment community, has successfully leased approximately one-third of its residential units. This milestone follows Aster & Links’ highly anticipated grand opening celebration held in early April, marking the official debut of what we believe is one of Sarasota’s most exciting new residential addresses.
Situated in the heart of downtown Sarasota, Aster & Links offers residents an elevated living experience with thoughtfully designed and spacious one-, two- and three-bedroom apartments, many featuring powder rooms or dens perfect for entertaining. Two-level penthouses provide soaring ceilings, grand townhome-style layouts, and premium appliance packages, complemented by world-class amenities that rival high-end resorts. Perfectly positioned in the heart of Sarasota—just steps from vibrant arts, dining, and waterfront attractions—Aster & Links continues to attract discerning residents seeking a dynamic yet relaxed coastal lifestyle.
“We are thrilled with the overwhelmingly positive response from the Sarasota community,” said Brandon Lacoff, CEO of Belpointe OZ. “Reaching this milestone validates the demand for a sophisticated residential offering that combines modern design, resort-style amenities, and unparalleled walkability.”
In addition, Aster & Links features approximately 60,000 square feet of curated retail, including Sprouts Farmers Market®, OfKors® Cafe, Isabel Boutique, Servis1st Bank®, and SkinSpirit®, with more retailers coming soon.
For additional information or to schedule a private tour, please visit asterandlinks.com or call 888-680-3897.
About Aster & Links
Aster & Links is one of Sarasota’s premier mixed-use luxury communities, offering sophisticated rental residences and vibrant retail in the heart of downtown. With distinctive design, upscale amenities, and an unbeatable location, Aster & Links delivers an exceptional living experience infused with comfort, connection, and culture. Learn more at asterandlinks.com or calling 888-680-3897.
About Belpointe OZ
Belpointe OZ is a publicly traded qualified opportunity fund, listed on NYSE American under the symbol “OZ.” To date, Belpointe OZ has over 2,500 units in its development pipeline throughout four cities, representing an approximate total project cost of over
Belpointe OZ has filed two registration statements (including a combined prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offer and sale of up to an aggregate of
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Investor Relations and Media Contact:
Cody H. Laidlaw
Belpointe PREP, LLC
255 Glenville Road
Greenwich, Connecticut 06831
IR@belpointeoz.com
203-883-1944
FAQ
What is the current occupancy rate at Belpointe OZ's Aster & Links property?
How many residential units does Aster & Links (NYSE: OZ) have in total?
What retail tenants are confirmed for Aster & Links in Sarasota?
Where is Belpointe OZ's Aster & Links property located?
What types of residential units are available at Aster & Links?
