SARASOTA, Fla. (April 16, 2019) – Ian Black Real Estate, Sarasota’s premier commercial real estate brokerage firm, has been named the Real Estate Broker of Record for the City of Venice. This is the second municipality the commercial real estate firm represents. They are also the broker of record for the City of Sarasota.
Jag Grewal, CCIM, and Linda Emery will represent the city.
“We’re incredibly proud to be selected by the City of Venice,” said Grewal, partner at Ian Black Real Estate. “We were up against eight other brokerage firms in the state of Florida, with brokers from Tampa to Ft. Lauderdale submitting proposals. Ultimately, they selected us based on our reputation and track record of success in the area.”
First on the docket, Ian Black Real Estate will assist with the sale of the Hamilton Building, located at 245 Tamiami Trail N. in downtown Venice. The city purchased the building in 2015 and it served as a temporary space for the William H. Jervey, Jr. Venice Public Library while the county completed construction on its new library at 300 Nokomis Ave S. The new library facility opened in December 2018.
“Our initial search for a commercial real estate broker was to determine whether the lease or sale of this building was in the best interest of the city,” said Edward Lavallee, city manager for the City of Venice. “From there, we found it prudent to establish a relationship, so as properties come up for sale, we could call on a broker we trust. Ian Black Real Estate was chosen unaminously by our committee.”
Selling the Hamilton Building will require a special easement to ensure that the Venetian Waterway Trail, which runs through the parking lot of the property, can continue to operate on its current path.
“In addition to general sales and lease agreements, we will also serve as advisors to the city as they look to acquire new properties or sell additional properties,” said Emery. “This is an exciting opportunity and we are thrilled to work alongside the City of Venice as they make these moves.”
Ian Black Real Estate has been retained by the City of Venice for one year, with the option to renew for two more. The firm was recently ranked #14 on the Tampa Bay Business Journal’s 2019 List of Top Commercial Real Estate Brokers in Tampa Bay. For more information on the Hamilton Building, contact Jag Grewal or Linda Emery at (941) 906-8688.