Despite stepping away from the company he helped build for 50 years, Loyd Robbins has already launched a new real estate firm just a short walk from his old office on Tuttle Avenue.
Loyd Robbins & Co. was founded by Robbins, his wife Freya Robbins and their daughter Ali Marks, according to the news release.
The office at 3580 Tuttle Ave. has a team of 17 agents with a combined 399 years of real estate experience.
Robbins sold his shares in Harry E. Robbins & Associates in mid-June, a firm he helped build with his mother and father beginning in 1973, to his four sons.
However, the transition out of the company was not because Robbins, 68, plans to retire. He said he and his 91-year-old mother sold their shares so that the third generation could take over the family business.
“This may be a new venture, but it is firmly rooted in our longstanding heritage,” Robbins said in a news release. “It’s an opportunity to pay homage to my parents’ legacy while forging our own path — and prioritizing the core values of honesty and integrity that have been the foundation of my career.
However, there was some whiplash when he first moved into the new office property. The office for Loyd Robbins & Co. sits diagonally from Harry E. Robbins & Associates on Tuttle Avenue.
“It did seem a little weird going to a different building after 50 years,” he said.
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This article originally appeared on Sarasota Herald-Tribune: New Sarasota real estate firm opens on Tuttle Avenue