Commercial Property Guide

Transcription

1 Commercial Property Guide Office Warehouse Retail Spring 2013 Issue: No Ian Black Real Estate staff. IAN BLACK Ian Black Real Estate Welcome to the fourth publication of the Ian Black Real Estate Property Guide. In previous issues, I have referred to the old Chinese proverb may you live in interesting times; it would appear that we are on the cusp of very exciting times. Here at IBRE we are pleased to announce a strategic alliance with one of the most well known and reputable real estate auction companies in the nation, Auction World USA, to launch a one of a kind event in Sarasota next month. We will host a commercial real estate auction at The Francis, the new event facility on Palm Avenue in Sarasota on Wednesday, April 10th at 1:00 p.m. No one has done this type of event in Sarasota before and this will be a tremendous buying opportunity for people who attend. In an emerging market like this one, auctions can serve to be a true test of the market. It s a way to expose properties to an entirely different clientele and to enhance our typical marketing efforts to showcase specific properties. Together, with Auction World USA, we ll only bring in make sense inventory to our event. We will feature properties and Sellers will have just one $500 marketing fee to enter per property, plus a standard commission. Unlike many other auctions, at this event, buyers will not be charged a buyer s premium. For a long time, real estate here was easy. You put up a sign and they came. We ve continued to do well in good times and bad because of our experience and knowledge of the market. That s the value we plan to bring to these auctions as well. From our perspective, there is a significant increase in activity in the commercial real estate market. The new activity has encouraged our company to be more expansive and to open more options to our sellers. In addition to these new marketing strategies, we have also increased our staff to include senior commercial property manager, Lonnie Homenuk, who has managed millions of square feet in many parts of the world including Indonesia and Canada. I would also like to thank Lonnie and Blalock Walters for their interesting and informative articles and sharing their expertise with our readership. I am confident that the flutter of year-end activity in 2012 will continue into I look forward to a new, invigorated city commission after the March election and leave you with a quote from my late father in law onward, forward, excelsior.

2 1506 FRUITVILLE ROAD SARASOTA, FL FIRST STREET SARASOTA, FL FLOYD STREET SARASOTA, FL ,869 SF building 879 SF to 2,904 SF available for lease Easy walk to Whole Foods, public parking and Main Street Highly visible location on Fruitville Road On site parking For Lease: $15.00 PSF Gross For Sale : $925,000 3,185 SF Dynamite location opposite Whole Foods Prime retail/restaurant space in soon to be built mixed use 4-story development For Lease: $30 NNN For Sale : $975,000 7,672 SF Across from Sarasota Memorial Hospital Good visibility Located between US41 South and Osprey Avenue Building can be purchased For Lease: $14.00 PSF NNN For Sale : Call for price OR STEVE HORN CONTACT: MICHELE FULLER DOWNTOWN SARASOTA AREA 1900 S TUTTLE AVENUE SARASOTA, FL PINEAPPLE AVENUE SARASOTA, FL S PINEAPPLE AVENUE SARASOTA, FL ,380 SF + 1,000 SF units Heart of the medical district Both spaces set up for medical use Lighted intersection at Hyde Park and Tuttle For Lease: $18 PSF Gross From 1,449 SF to 2,340 SF Great central location in downtown Sarasota Walk to Main Street, Burns Court businesses and restaurants For Lease: $19.00 PSF Gross From 2,051 SF to 35,000 SF Walking distance to downtown 2,051-35,000 SF contiguous Many space options available 1-story class A office tower Recent $3M renovation On site security Convenient covered parking For Lease: $25.00 PSF Gross OR DEBBIE ANGLIN CONTACT: DEBBIE ANGLIN CONTACT: JAG GREWAL IBRE Commercial Property Guide The Place For Space Spring

3 CATTLEMEN LANE SARASOTA, FL CATTLERIDGE BLVD. SARASOTA, FL PORTER LAKE DRIVE SARASOTA, FL From 1,816 to 3,632 SF Fully finished office Great parking Easy access to I-75 Rear loading available Very attractive rental rate For Lease: Call for rates and incentives From 1,690 to 6,218 SF Operating expenses estimated at $6.00 PSF Newer Class A medical facility Great parking Close proximity to Bee Ridge intersection For Lease: Call for rates and incentives 4,704 SF Great location Class A space Beautifully finished move-in ready office For Lease: $5,000 Monthly Gross FRUITVILLE & BEE RIDGE I-75 CORRIDER CATTLERIDGE BLVD. SARASOTA, FL BEE RIDGE ROAD SARASOTA, FL SARASOTA CENTER BLVD. SARASOTA, FL ,090 to 8,290 SF Ideal for office or medical use 5,368 SF office now available with furniture Close proximity to Bee Ridge intersection For Lease: Call for rates and incentives 2,028 SF Oversized reception area 5 operatories Laboratory and X-ray Private doctor s office/entrance Former dental office For Lease: $19.50 PSF Gross 11,227 SF Unique well finished office Building of timeless design Excellent parking Fenced outdoor storage area with covered barn Adjacent lot also for sale For Sale: $1,250,000 OR DEBBIE ANGLIN OR STEVE HORN IBRE Commercial Property Guide The Place For Space Spring

4 2123 UNIVERSITY PKWY SARASOTA, FL UNIVERSITY PARKWAY th AVENUE SARASOTA, FL N HONORE AVE SARASOTA, FL ,400 +/- SF 1.45 Acres Excellent outside storage Highly visible location Current tenants are month to month Zoned LM For Sale: $1,200,000 1 Acre Zoned PDMU 170 frontage on University Parkway Adjacent to the planned University Grove Will consider build to suit For Sale: $599,000 CONTACT: MICHELE FULLER From 1,870 to 3,886 SF Class A office campus Located on 12.3 acres at University Pkwy and I-75 Pre-school on site Minutes from the Mall at University Town Center (currently in development) For Lease: $12.00 PSF Shell CONTACT: JAG GREWAL Need a Better Banking Experience? GATEWAY S COMMERCIAL BANKING TEAM Find out what business owners say about Gateway Bank! IBRE Commercial Property Guide IBRE Commercial The Place For Property Space Guide Spring 2013 The Place For Space Spring

5 5940 MCINTOSH ROAD SARASOTA, FL CLARK ROAD 4513 CLARK ROAD SARASOTA, FL CLARK CENTER AVE SARASOTA, FL ,125 to 53,500 SF New development project Flex office warehouse 18 Clear height Buildings will be 125 deep Cool, modern, high tech design Grade level/dock loading possible For Lease: $9.00 PSF NNN OR STEVE HORN ,200 SF Four 10 x 12 grade level doors 16 eave height 18 peak 3-phase power Signage available on Clark Road For Lease: $3,500 Modified Gross 13,240 SF 6 offices Fully insulated warehouse 18 peak 3 roll-up doors 9 reverse ramp loading docks Over 30 parking spaces For Sale: $649,000 For Lease: $4,995 Monthly Gross Office 242 S. Washington Blvd. Suite 314 Sarasota, FL info@myerspaintingllc.com Myers Painting believes in a proactive approach by taking care to clearly assess your needs. We take pride in completing every project on time and within budget. Our staff consists of skilled professionals who are selected based on their experience in the field, their personal commitment to customer satisfaction, and the pride they take in a job well done. Our leadership is dedicated to being available and accommodating before, during and after your project. Because of this, we can guarantee uniform and courteous crews, top quality results, and an overall great experience with Myers Painting. Contact us for your next paint project or budgetary bid! Integrity is not just a part of our business, it is the foundation of everything we do. IBRE Commercial Property Guide The Place For Space Spring

6 9114 TOWN CENTER PKWY BRADENTON, FL LAKEWOOD RANCH 5284 PAYLOR LANE SARASOTA, FL ENTERPRISE CIRCLE BRADENTON, FL From 681 to 4,556 SF Tenant improvements are negotiable Great parking and signage Adjacent to Publix Shopping Center For Lease: $ $16.00 PSF NNN CONTACT: STEVE HORN ,602 SF Free standing building in Lakewood Ranch Nicely finished Move-in ready High ceilings Adjacent to nature preserve For Lease: $13.50 PSF Gross CONTACT: MELISSA HARRIS From 3,482 to 12,284 SF (1st floor space) Undergoing extensive renovations Turn key build out available by negotiation Excellent parking and signage Visible from University Pkwy For Lease: $21.00 PSF Gross OR STEVE HORN IBRE Commercial Property Guide The Place For Space Spring

7 9423 TOWN CENTER PKWY BRADENTON, FL PROFESSIONAL PKWY E SARASOTA, FL TOWN CENTER PKWY W BRADENTON, FL ,500 SF Available July 1, 2013 Can be delivered completely furnished Easily accessible from University Parkway Great signage and parking For Lease: $21.00 PSF Gross 1,763 and 2,350 SF Close proximity to University Pky Monument signage above unit available Landlord improvements available For Lease: $17.00 PSF Gross including electric Up to 8,000 SF available 16+ offices Key West style office with back porch For Lease: $12.50 PSF NNN OR STEVE HORN ENERGY COURT SARASOTA, FL OR DEBBIE ANGLIN LAKEWOOD RANCH 8470 ENTERPRISE CIRCLE BRADENTON, FL OR DEBBIE ANGLIN PROFESSIONAL PKWY SARASOTA, FL From 1,500 SF to 5,865 SF New office building Suite currently in shell condition Landlord offering up to $40.00 PSF in TI 10 ceilings Some covered parking For Lease: $18 PSF Gross 7,287 SF (3rd floor) Excellent exposure on Lakewood Ranch Blvd High quality build out Many amenities including outside patio for private parties Some covered parking For Lease: $19.00 PSF Gross From 30,000 SF to 61,100 SF All air conditioned advanced manufacturing building in Lakewood Ranch Tilt wall construction Built in 2002 May be split for 2 tenants 7,000 amps of power For Lease: $6.00 PSF NNN CONTACT: DEBBIE ANGLIN CONTACT: DEBBIE ANGLIN CONTACT: JAG GREWAL IBRE Commercial Property Guide The Place For Space Spring

8 900 53RD AVE E BRADENTON, FL BRADENTON & PALMETTO 1215 MANATEE AVE W BRADENTON, FL TH AVE W PALMETTO, FL ,084 SF Former bank branch headquarters building 3 drive thru lanes plus ATM lane Excellent signage and exposure Out parcel to Winn Dixie For Sale : $2,750,000 For Lease: $200,000 per year NNN OR STEVE HORN ,245 SF Free standing office building Located across the street from Manatee County Judicial Center 18 parking spaces on site Great signage and visibility For Sale: $875,000 OR STEVE HORN ,529 SF From 1,200 to 7,229 SF for lease Includes 4,440 SF single story building Includes over 3 acres of land Centrally located For Sale : $2,900,000 For Lease: $3.00 to $4.00 PSF NNN Because we work harder. We don t mind rolling up our sleeves. Your printing project is more than ink on paper. It s your brand and your business. Genuine solutions Lean and mean budgets Free pick up and delivery Real local partner We mean printing 1 to 6 Color Offset Digital Printing Dedicated Prepress Full Bindery Services Creative Design 6054 Clark Center Ave. Sarasota SpotlightGraphics.com 8 IBRE Commercial Property Guide The Place For Space Spring

9 The essence of property management Having a management team in place will only add value. Lonnie Homenuk Ian Black Real Estate lonnie@ian-black.com Property management plays a very key element in the world of commercial real estate. Regardless of the size and specific property type multi-residential, retail, industrial, small office, corporate facility, or highrise having a m a n a g e m e n t team in place will only add value as well as help to limit the owner s liability and exposure to negative impacts. Within the commercial real estate business there is an old saying that leasing will make the owners big money, but in the tough times it is the property management efforts that will carry the property through, if the right plans are implemented. The primary role of a good property management team is to ensure the comfort and safety of all building occupants and to operate the property to the class standard and within the budgetary guidelines of ownership and protect the asset both physically and through monetary value. Today s management teams are generally well educated, combining strengths in the financial fields as well as garnering operational day-to-day experience, or at a minimum, surrounding themselves with team members who have the expertise in a number of specialties. Property managers have to be BMO Bank Building, Sarasota very service orientated because the business is, at its most basic root, a service industry whether that be servicing the needs of the tenants, the owners or any other stakeholders. Management, page 15 Future home of the Sarasota Association of REALTORS. t Responsive. Committed. Experienced. Building Strong... From the Ground Up. For over 40 years of business, our commercial and industrial facilities stand strong throughout Southwest Florida. Rely on us for your next construction, design, management, build-out or renovation project. Personal service Projects delivered on time, within budget Strong financial bonding Dedicated to doing business with integrity 7015 Professional Parkway E ~ Sarasota, FL P: ~ F: ~ HalfacreConstruction.com LIC. CGC IBRE Commercial Property Guide The Place For Space Spring

10 TH AVE E BRADENTON, FL BRADENTON & PALMETTO 825 4TH STREET W PALMETTO, FL RIVERSIDE DRIVE E BRADENTON, FL ,580 SF Fully air conditioned Sprinklered building Below market price For Sale: $560,000 9,090 SF Office building on over 1 acre of land with 47 parking spaces Attractively furnished Includes a duplex at corner of 4th and 9th Ave. W For Sale: $849,000 OR STEVE HORN Riverside Medical Center From 487 SF to 8,018 SF Turn key build out available by negotiation Overlooks Manatee River Adjacent to Manatee Memorial Hospital Convenient on site parking For Lease: $12.50 PSF NNN CONTACT: STEVE HORN COMMERCIAL REAL ESTATE LOANS WELCOME HERE ~Income Producing & Owner Occupied Properties~ Contact one of our commercial real estate lending representatives today! Steve Jonsson NMLS # sjonsson@insigniabank.com Jack Pilkington NMLS # jpilkington@insigniabank.com Charlie Brown cbrown@insigniabank.com Doug Johnson NMLS # djohnson@insigniabank.com Kevin Daut kdaut@insigniabank.com Downtown Office 333 North Orange Ave. Sarasota, FL Cattlemen Road Office 5850 Fruitville Road Sarasota, FL IBRE Commercial Property Guide The Place For Space Spring

11 TH STREET E PALMETTO, FL BRADENTON & PALMETTO TH AVE W BRADENTON, FL TH STREET E BRADENTON, FL ,500 SF warehouse 1,160 SF office 6,340 SF A/C warehouse Two 12 x 12 roll up doors 20 clear height ceilings Move in ready w/three offices, open reception, large breakroom plus restroom For Sale: $375,000 3,387+/- SF Move in ready with 8 offices, 2 conference rooms, reception area and open work stations Building signage may be available Perfect for law office or other professional use For Lease: $10.00 PSF Gross 2.85 Acres Currently entitled for 30,000 SF 183 frontage on 15 Street E Future land use, 16 units per acre Can also be re-zoned to PDC For Sale: $299,000 OR DEBBIE ANGLIN IBRE Commercial Property Guide The Place For Space Spring

12 1800 TUTTLE AVENUE SARASOTA, FL BANK OWNED 7870 N TAMIAMI TRAIL SARASOTA, FL GATEWOOD DRIVE - A-2 BRADENTON, FL ,444 SF Comprised of 2 separate 1,200 SF units One unit is currently leased Vacant unit has reception area, 4 exam rooms with water and a physicians office Perfect for owner occupant For Sale: $249,900 40,551 SF lot Tremendous visibility Zoned General Commercial Well below County assessed value For Sale: $337,900 2,291 SF Canterbury Commons flex space Office space with warehouse Excellent conditiion 50% office / 50% warehouse 18 ceiling height in warehouse Great parking For Sale: $185,000 CONTACT: JAG GREWAL CONTACT: JAG GREWAL CONTACT: JAG GREWAL Official Cleaning Company of the PGA TOUR COMMERCIAL CLEANING SERVICES 12 IBRE Commercial Property Guide The Place For Space Spring

13 The River Grande Hotel revitalization A text book example of effective public /private partnerships. William C. Robinson, Jr. Esq. Blalock Walters wrobinson@blalockwalters.com During the boom of the 1920s, the Manatee River Hotel was constructed along the banks of the Manatee River and its historic splendor included serving as a Prohibitionera playground for the rich and famous. Unfortunately, over the past decade, the building has fallen into disrepair and one of the most historic buildings in Manatee County faced a dire prospect of having to be demolished, given its age and deteriorating condition. Fortunately, The Widewaters Group, Inc. acquired the property and soon thereafter began strategizing with government partners to make the redevelopment of the site a reality. Widewaters planned a $15 Million Dollar renovation project which included redeveloping the site into a modern hotel, with the amenities that twenty-first century guests expect. Given the scope of the redevelopment and current market conditions, public-private partnerships with federal, state and local governments were critical to the success of the redevelopment project. The federal government s historic preservation tax credit program and the state government s Brownfield program first allowed certain tax credits to be granted given the historic preservation and the environmental remediation that would occur on the property. A major step was the successful negotiation and approval of a development agreement with the Bradenton Community Redevelopment Agency, which allowed certain property tax abatements, cash contributions and public street improvements along the frontage of the property. The development agreement was unanimously ratified by the Bradenton City Council. The Council also approved certain off-site parking rights allowing patrons of the hotel to park in existing public spaces nearby. Finally, Manatee County, through its economic development incentive River Grande, page 18 We Focus On: Banking Business Business Litigation Estate Planning Health Care Immigration Labor & Employment Land Use Local Government Real Estate Tax When You need A ReAL estate ATToRNey We Make a Difference. As one of Southwest Florida s oldest and largest law firms, we have the dedicated resources, attorneys and staff to handle even the most complex commercial real estate transactions. Blalock Walters represented landlords and tenants on more than 1 million square feet of commercial and retail real estate throughout Florida and the southeastern United States. We also represented clients in over $500 million dollars of real estate transactions. When it comes to real estate, we make a difference for you th St. W. Bradenton, FL North Tamiami Trail, Ste. 408 Sarasota, FL tel fax IBRE Commercial Property Guide The Place For Space Spring

14 6130 SOUTH TAMIAMI TRAIL SARASOTA, FL SOUTH TAMIAMI TRAIL & VENICE 225 MIAMI AVENUE W VENICE, FL POTTER PARK DRIVE SARASOTA, FL ,840 SF Walk in medical center Pristine move in condition 7 exam rooms, 1 x-ray room, 2 doctor offices Spacious waiting room For Sale: $650,000 Building: 40,033 SF Burgundy Square, a prime retail and residential investment 22 retail and 27 residential units Little to no historical vacancy First time entire complex has been brought to market Great location in downtown Venice For Sale: $6,400,000 4,500 SF Current zoning OPI Landlord may divide Across from Palmer Ranch YMCA For Lease: $12.00 PSF NNN The Schimberg Group Inc. COLLABORATIVE METHODS. EXTRAORDINARY RESULTS. ARCHITECTURE - INTERIOR DESIGN - OWNER REPRESENTATION - LEED CONSULTING 40 SOUTH PINEAPPLE AVE - STE SARASOTA, FL IBRE Commercial Property Guide The Place For Space Spring

15 Management, from page 9 To effectively accomplish this, the property manager has to have a team in place which consists of both, on and off site direct employees such as the accountants, the IT people, support staff, and then on-site engineers and maintenance people, in addition to the various vendor/partners who also play a strong and present role in delivering the levels of service expected. Generally these operational outside vendor/partners might consist of security, HVAC, janitorial, roofing, painting, parking lot contractors, window washing, and general contracting service providers. It is essential that they are all considered part of the property management team because - they are! A property manager has to wear a lot of hats and even the most tenured managers are not experts in any one field, as there are just too many subjects to cover. Thus there must be a heavy reliance on those team partners. Additionally, the stronger the working relationship, the more efficiently things can be accomplished and efficiency saves dollars. Not to mention, when disaster (man-made or otherwise) strikes, the strength of those relationships and partnerships really comes to fruition, because those partners could be out servicing someone else were it not for a trusted and strong operating relationship. Taking a team approach also can provide owners a certain economy of scale regardless of the size of property, because the team is able to buy or provide product and service through larger sizes at generally lower prices, and allocate their own costs to ownership across a wider spectrum of combined properties that they manage. Finally from strictly a liability point of view for ownership, it is better to spread the risk of any liability across a wider board and leave the responsibility of servicing the property and its occupants to a professional team! From a financial vs. overall risk perspective the cost really is minimal. We re With You to Build GENERAL CONTRACTORS CONSTRUCTION MANAGERS Develop Strategies Plan & Structure INDUSTRIAL COMMERCIAL Cost Segregation New Construction Custom Homes Design / Build / Lease Retail/Office Tenant Improvements Invest and Build your tomorrow with the Best call Steve Anderson today! Greg Green, CPA 4233 CLARK ROAD #25 SARASOTA FL rd Ave. W., Suite 500, Bradenton, FL Call Today 50 Central Ave., Suite 910, Sarasota, FL (941) IBRE Commercial Property Guide The Place For Space Spring

16 779 COMMERCE DRIVE VENICE, FL SOUTH TAMIAMI TRAIL & VENICE 105 TRIPLE DIAMOND BLVD NORTH VENICE, FL COMMERCE DRIVE VENICE, FL Up to 23,588 SF available - 5,627 office - 17,961 warehouse Class A office Bonus mezzanine (5,760 SF) Part of the Florida State Economic Energy Zone For Sale: $1,515,000 For Lease: $5.00 PSF NNN OR DEBBIE ANGLIN condo units totaling 29,018 SF Off I-75 and Laurel Road Large office space with a warehouse component Some warehouses offer A/C Zoned PID For Sale: $2,604,597 OR DEBBIE ANGLIN /- acres ILW Zoning $1.92 PSF Entitled for 320,000 SF warehouse Utilities stubbed to site Northeast quadrant of the I-75 Jacaranda interchange For Sale: $1,850,000 OR DEBBIE ANGLIN Commercial, Business & Personal Insurance S T O P M U L C H I N G! Builder s Risk Workers Comp Home Auto Health b e f o r e a f t e r MGA Insurance Group has provided clients in Southwest Florida and nationwide with a complete line of commercial, business and personal insurance since Whether you are an individual, employer, association or independent contractor, MGA has an insurance solution to meet your needs and fit your budget. W H O L E S H E L L Environmentally Friendly, 100% Sustainable By-Product Durable - Will Not Wash Away Allows for Better Drainage and Breathability than Other Ground Covers ROI!!! Say Goodbye to Annual Mulching Custom Colors Available too! NO MORE HARMING TREES! Insurance People Who Know And Care Offices in Lakewood Ranch, Sarasota & Bradenton S c o t t w a D e S a l e S SWADE411@GMAIl.COM D o u g P e r t z o w n e r DPERTz@FlORIDATOPSHEll.COM Visit TODAY to learn how you can STOP MULCHING and PrOTECT THE ENvIrONMENT! 16 IBRE Commercial Property Guide The Place For Space Spring

17 229 WEST VENICE AVE VENICE, FL SOUTH TAMIAMI TRAIL & VENICE S TAMIAMI TRAIL SARASOTA, FL S TAMIAMI TRAIL SARASOTA, FL Landmark retail/apartment bldg Perfect 1031 Exchange property Retail - 6 long-term leases in place Residential - 100% consistent occupancy Great cash flow For Sale: $3,400,000 8,600 SF Zoned OPI Consists of 4 condo units Front bldg has 1,370 SF available for lease at $13.00 Gross For Sale: $645,000 ($75.00 PSF) Stand alone office bldg on US-41 2,650 SF Upscale office with great visibility First unit at Pine Park Office Ample parking For Sale: $349,000 For Lease: $15.00 PSF Gross CONTACT: MICHELE FULLER CONTACT: DEBBIE ANGLIN CONTACT: JAG GREWAL CMS is committed to our customers. Meeting the expectations and needs of property managers and owners is most important to us. We understand the significance of a good first impression. PROVIDING THE ULTIMATE IN COMPLETE EXTERIOR UPKEEP OF COMMERCIAL PROPERTIES WITH FLEXIBLE NIGHTLY, WEEKLY, AND MONTHLY PROGRAMS! LANDSCAPE MAINTENANCE PORTER SERVICE PARKING LOT CLEANING SHOPPING CENTERS CORPORATE BUILDINGS SMALL BUSINESSES Call Today For A Free Evaluation & Estimate LANDSCAPING Lawn Maintenance Sod Replacement Flower & Plant Installation Seeding Mulching Fertilizing Weed Control Insect Control IRRIGATION Monthly Inspections System & Pump Repairs Troubleshooting Timer Programming PRESSURE CLEANING Sidewalks Building Fascias Entrances Awnings Dumpster Enclosures Complete Building Exteriors PORTER SERVICES Trash Can Service Sidewalk Stain Cleaning Signage Maintenance Window Sills Dumpster Areas Vacant Unit Cleaning Debris Removal Cigarette Urns PARKING LOT SWEEPING IBRE Commercial Property Guide The Place For Space Spring

18 River Grande, from page 13 grant program approved cash contributions along with parking rights to a county-owned lot near the property. From the federal government level on to the local government level, the project s success was tied to obtaining these public-private partnerships. Without the support of the Bradenton community, specifically the Bradenton CRA, City Council and the Manatee Board of County Commission, the redevelopment of the Manatee River hotel would not have occurred. It took a collaborative effort from all levels of government to bring this historic redevelopment to reality said Brian Long, Director of Development for Widewaters. All of the incentives were tied to employment and historic preservation construction standards, which the project hopes to meet when it completes the project in late Blalock Walters is extremely proud to have represented Manatee River Hotel, Bradenton Widewaters in both acquiring the hotel property and negotiating several of these public-private partnership agreements. Once the redevelopment project is completed and the hotel is open for business, one of Bradenton s most historic buildings will be restored, adding a new hotel with major employment and economic benefits to downtown Bradenton, and Manatee County will be a reality that we all can be proud of. Will Robinson is a Principal in our Real Estate and Land Use Practice Areas. Contact Will at wrobinson@blalockwalters.com. N N B E E T T L E S C o n c r e t e D e s i g n L L C counter tops outdoor kitchens fire pits planters commercial furniture custom work D e s i g n. F u n c t i o n. C o n c r e t e L e m o n Avenue, Sarasota, Florida t w w w. b e N e t t l e s c o N c r e t e. c o m N N N 18 IBRE Commercial Property Guide The Place For Space Spring

19 3606 EAST 4th AVENUE TAMPA, FL JUST LISTED 5306 PAYLOR LANE SARASOTA, FL LAKEWOOD RANCH BLVD SARASOTA, FL ,400 SF office/warehouse with 2 acre land assembly Located in Ybor City with access to I-4, Adams Drive and the Port of Tampa connection For Sale: $1,235,852 CONTACT: LONNIE HOMENUK ,416 SF Office/warehouse in Lakewood Ranch Fully A/C office/warehouse Open office area with breakroom One 12 x 10 roll-up door For Lease: $9.00 PSF Gross CONTACT: MELISSA HARRIS ,800 SF Willis A. Smith building Gold LEED certified green bldg in Florida For Lease: $16.00 NNN OR DEBBIE ANGLIN Consulting Hardware Software Networking B&D Consulting, Inc. Your Firm s Information Technology Partner 5570 Bee Ridge Rd Unit C-2 Sarasota, FL Phone: IBRE Commercial Property Guide The Place For Space Spring

20 Client Testimonials When my family first considered selling its building on Main Street in Sarasota, which we had owned for over 40 years, we turned to Ian and Steve Horn for guidance. Throughout the entire process they provided me with sound advice which culminated in a successful closing which met my criteria.... James Krill PRESORTED STANDARD U.S. POSTAGE PAID PERMIT #1 MANASOTA FL Nick DeVito handles our properties as a skilled salesperson with a keen sense of concern for the long game, and almost a passion as if the equity at risk was his own.... Mark Sharff I thoroughly enjoyed working with Melissa Harris from the start through to the successful finish. Every step of the way Melissa was professional, available, communicated clearly and did everything I could ask one to do. There will be no hesitation on my part to engage Melissa when the opportunity next presents itself.... Jack Wolff, Investment Financial Services A quick note to say we truly love our space! It is such a great improvement over our prior space. And working with you as a team has been a real pleasure. We look forward to a long and mutually beneficial relationship.... Kathy Durfee, CEO and Founder, TechHouse Steve Horn went above and beyond in getting us exactly the office that we wanted. We are very thankful for the level of service and the dedicated efforts made on our behalf by Steve and the entire Ian Black Real Estate team.... Altom M. Maglio, Esq Central Avenue Sarasota, FL Ian Black Real Estate announces their inaugural commercial property auction in cooperation with Auction World, USA to be held at The Francis, located at 1289 W. Palm Avenue, Sarasota, FL 34236, on Wednesday, April 10th at 1:00 p.m. Information contained herein is deemed reliable but is not guaranteed and is subject to change without notice Ian Black Real Estate