Roofer pays $1 million for warehouse

Roofing by Curry has bought a warehouse and office for $1 million, with plans to consolidate multiple locations into one.

The company bought the 9,500-square-foot warehouse on roughly one acre at 241 Interstate Court, and intends to move in this summer after making modifications. The building had been owned and occupied by All Glass & Window, which recently expanded into larger space on Tower Lane.

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Roofing Dublin by Curry, a replacement, repair and maintenance company, has been working out of three locations, including two flex units on Clark Road, said Nick DeVito, who with colleague Joanna Ginder-Ashley of Ian Black Real Estate represented the buyer.

As the economy has improved, DeVito said the industrial vacancy rate in the Sarasota-Manatee region is at its lowest point in years. The latest industrial report from Xceligent shows the vacancy rate for 10,000-square-foot and larger warehouses is below 4 percent.

“Due to the ongoing demand for warehouse roof space, supply is limited in our market for freestanding buildings of this size and location,” DeVito said. “We heard about the property at 241 Interstate Court and were able to put in an offer before it even went on the market.”

The roof buyer, Tonya Holdings Inc., is headed by Gary Curry. Seller AGW SRQ Inc. is managed by David A. Fleeman and Christopher H. Harris, state records show. Jeff Button at Richardson Kleiber Walter Kleiber Button represented the seller.

Read more: http://www.heraldtribune.com/news/20170608/roofer-pays-1-million-for-warehouse

The post Roofer pays $1 million for warehouse appeared first on Simple Business Directory.

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