Archives September, 2012

Saunders Commercial Sale and Lease Report for September 1, 2012

Michael Saunders & Company is proud to announce several closings and leases made possible through the professional representation of our agents who work each day to fulfill the unique needs of commercial buyers, leasers and sellers.  For the week ending September 1, 2012:

 

LEASE

Tenant:  Sarasota Event Designers, LLC

Address:  45-79 Palm Avenue, Suite #214B, Sarasota, FL  34236

Type of Space:  485 SF Office Space (New Business)

List and Sale Side:  MS&C Agents Eric Massey and Sarah Lancaster

 

LEASE

Landlord:  D & N Florida, LP

Tenant:  CJB Industries, Inc.

Address:  23 N. Blvd. of the Presidents, Sarasota, FL  34236

Type of Space:  1,153 SF Retail Space (Expansion)

List Side:  MS&C Agents DeLieto & Associates

Sale Side:  Sperry Van Ness

 

 SALE

Seller:  Burmah Smith FPL, Ltd.

Buyer:  GG Pointe, LLC

Address:  565 Golden Gate Point, Sarasota, FL  34236

Type of Space:  2,678 SF Multi-Family (Investor)

Sale Price:  $430,000

List Side:  MS&C Agents DeLieto & Associates

Sale Side:  Diversified Developers

 

 LEASE 

Landlord:  IA Sarasota Tamiami, LLC

Tenant:  ROKA Enterprises, LLC

Address:  6597 S. Tamiami Trail, Unit #19, Sarasota, FL  34231

Type of Space:  1,507 SF Retail Space (New Business)

List Side:  Oakmont Capital Resources, Inc.

Sale Side:  MS&C Agent Susan Goldstein

 

 LEASE 

Landlord:  LWR Main Street, LLC

Tenant:  Thomas Miller & Partners, PLLC

Address:  8131 Lakewood Main Street, Unit M, Suite #202, Lakewood Ranch, FL  34202

Type of Space:  1,295 SF Office Space (Expansion)

List Side:  LWR Commercial Realty

Sale Side:  MS&C Agent Susan Goldstein

 

 LEASE

Tenant:  Circo Operating Company, LLC

Address:  41-79 Palm Avenue, Suite #216, Sarasota, FL  34236

Type of Space:  253 SF Office Space (Renewal)

List and Sale Side:  MS&C Agents Eric Massey & Sarah Lancaster

 

 

 

Michael Saunders & Company is pleased to welcome Kevin Stanley to the Venice office.

With experience in marketing, property investment and professional athletics, Kevin’s diverse background served as the perfect primer for his career as a real estate agent.

Originally from Huntington Beach, California, Kevin played professional baseball with the Kansas City Royals minor league organization upon graduating high school. This taught him the importance of effectively working with others in a team environment. After relocating to Venice, Florida, in 1995, Kevin started a small marketing company that sold advertising specialties to mostly small businesses and individuals. Many of his clients included Realtors and entrepreneurs who needed to promote their company, event and/or self. This role allowed Kevin to learn how to address the unique needs of his clients, while enhancing his negotiating skills.

Prior to joining Michael Saunders & Company, Kevin worked for Tarpon Coast Realty, where he gained a wealth of knowledge on the communities in which he specializes: Venice, Englewood, Nokomis and Osprey.

1

Michael Saunders & Company is pleased to welcome Veronika Bajtala to the Siesta Key office.

Veronika brings an international perspective to her clients. Born inSlovakia, she relocated toSarasotain 2006 and to Siesta Key in 2008, where she served as the on-site property and rental manager for Beachaven Condominium Association. For this role, she earned the Community Association Manager (CAM) license and developed a specialty in assisting the unique needs of residential renters, homebuyers and sellers. Before joining the Michael Saunders & Company team, she worked with Mapp Realty & Investment Company.

Veronika’s strong background in property management made the transition to real estate agent a natural progression. Also, being fluent in Slovak, Czech and English helps her build better lines of communication with international clients seeking assistance onFlorida’sGulfCoast.

Sarasota Real Estate – Everything to Win. Nothing to Lose. A Buyer’s Guide to Multiple Offers.

The region’s housing market is enjoying a strong and sustained comeback.  Closed and pending sales are at two-year highs, show no signs of letting-up; and have even defied their traditional summer slowdown.  Moreover, the snowballing effect of this positive momentum has driven our inventory of properties to a six-year low.  Consequently with home values now recovering in many neighborhoods and price ranges, buyers often find themselves in competition for the best-priced properties.

While you may not relish the thought of competing for a home, multiple offers are a fact of life as more and more buyers avail themselves of our market’s bottomed-out prices.  Happily, they are nothing like the multiple offer scenarios that were common during the housing boom.  With prices now well below their boom-time highs, these properties are actually worth fighting for.   There’s no reason to shy from competitive bidding when you can embrace it as both a confirmation that the property is well-priced and well-situated; and as proof you’ve chosen wisely.  Homes that attract multiple offers in today’s market are seldom priced at the top of the market.   Instead they are usually the best values in their competitive set.

When faced with such an opportunity, you won’t feel fraught with anxiety or be at a competitive disadvantage if you follow these practical guidelines:

– Get a handle on our market by visiting MichaelSaunders.com.  A detailed description of every property in Sarasota, Manatee and Charlotte Counties is included on the site to help you explore every housing possibility within your price range.  There are neighborhood and lifestyle videos, photo galleries and much more to help put our communities into perspective. (more…)

Commercial Retailers: Sales Tax Differences Online vs. Off

Imposing a sales tax dates back as far as Egyptian times, but really it was the early 1900’s when the first broad-based sales tax was used in the United States. Many changes to the retail business have changed over the last century, and thus so have sales tax for a brick and mortar business versus an online retailer.  Hence a current debate around internet companies needing to reimburse states for sales tax on items sold on the internet.  Michael Saunders & Company Commercial Real Estate clients are no different, so we thought we should explore the topic.

There are two bills currently before Congress; S. 1832, the Marketplace Fairness Act and H.R. 3179, The Marketplace Equity Act. This legislation is planned to fix what some think is a competitive imbalance on sales by internet companies versus sales by brick-and-mortar retailers. Internet companies do not have to charge and return to the local States, where as a physical retailer currently charges/returns as much as 10% of the sales price in taxes at time of purchase. This creates a challenge to local retailers, who we might point out are vital to creating jobs in communities and providing economic viability for local towns. Our local, Sarasota Commercial Real Estate clients are critical to the growth of our region.

According to Kane Morris-Webster, CCIM – Colliers International and the ICSC Florida Government Relations Chair, “…in 2012 states are losing approximately $23 billion of sales tax revenue. For 2012, Florida’s unpaid sales taxes due to e-commerce transactions are estimated at $803.8 million. Online sales are growing four times faster than sales made at brick-and-mortar establishments. According to the U.S. Census Bureau, online sales grew 16.1% during 2011. Overall retail sales grew 4.7% during 2011.”

Customers who want to preview and “feel” the product can visit a brick-and-mortar retailer and then leave, saving as much as 10% by buying the same product online. The passing of these legislations would, in theory, create a more equitable marketplace and potentially give our local retailers a better chance at competing.

 

Go Forward In Time


Google Profile