Land lies on the southern edge of the former Evers Reservoir
SARASOTA, Fla. (August 22, 2018) – Tony Veldkamp, CCIM, SVN Commercial Advisory Group, recently coordinated the sale of more than 200 acres in the former Evers Reservoir in Bradenton, Florida. The purchase price of the property exceeded $10.5 million.
“This is a great piece of property and a great location,” said Veldkamp, senior advisor for the group who represented buyer Taylor Morrison Homes in the transaction.
The City of Bradenton had used the property on Honore Avenue east of Lockwood Ridge Road as a holding reservoir for municipal drinking water. The city’s move in recent years toward alternate water sources made the surplus land unnecessary, prompting the sale.
The property, which lies on the southern edge of the former reservoir area, is well-positioned for development, Veldkamp said. “It’s an interesting situation: A big chunk of land in the center of everything, west of I-75,” he said. “Most new development today is to the east. To find this one is pretty incredible.”
SVN is the only commercial real estate company that markets all of its properties to the entire brokerage and investment community. SVN advisors share commission fees with cooperating brokers to close more deals in less time and at the right value for clients. This open, transparent and collaborative approach to real estate is the SVN difference. SVN Florida provides services in more locations than any other Florida commercial real estate company.
SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized and powerful brands based on the annual Lipsey Top Brand Survey and Commercial Property Executive Magazine. With more than 190 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to more than 5,550 clients worldwide. The Florida team consists of more than 100 advisors serving locations across the state. For more information on SVN Florida, visit www.svnflorida.com.
Matt Christian, Managing Director, SVN Commercial Advisory Group, 941-343-4520 / [email protected]
Tony Veldkamp, CCIM, senior advisor, SVN Commercial Advisory Group, 941-487-6990 / [email protected]
Ken Zeszutko, Z Corp. PR, 321-213-1818 / [email protected]