SVN Commercial Advisory Group coordinates sale of iconic Bucko’s Industrial Property & Business
SARASOTA, Fla. (Jan. 15, 2018) – Peter Bartys, Senior Investment Advisor with SVN Commercial Advisory Group, coordinated the sale of Bucko’s Office Furniture’s Real Estate and Business. The Real Estate only transaction was for $1.18 million and Closed on January 12.
The Bucko’s family had been in business since 1959 at 1923 Myrtle Street and was an icon in the office furniture supply and service industry in the Sarasota area.
The industrial property has been purchased by Village Realty Trust, a Boston Company relocating to Sarasota, who will use the location for one of its supply and distribution business units.
A portion of Bucko’s Business assets have been transferred to Office Furniture and Design Concepts Inc., a well-established Fort Myers company who recently opened a subsidiary in Sarasota.
Bartys, who specializes in income-producing investment properties, assisted all the entities involved in the property sale and business transfer.