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Tony Veldkamp, SVN Commercial Advisory Group, coordinates the sale comprising 8.2 acres on Fruitville Road

SARASOTA, Fla. (September 21, 2018) – Senior advisor Tony Veldkamp, CCIM, of SVN Commercial Advisory Group recently coordinated the $2.35 million sale of more than 8 acres in Sarasota, Fla. Veldkamp represented Peacock Partners, which sold the vacant land on busy Fruitville Road.

“This parcel had been in an estate and I worked with the owners for several years waiting for the market to return after the recession,” Veldkamp said. “We felt the timing was right and found a great buyer in The Gallina Companies.”

Based in Mount Horeb, Wisc., the Gallina Companies will be constructing apartments on the 8.2 acres, with 98 units planned. “This is a great location,” Veldkamp said. “There’s plenty of road frontage on the six lanes that run from I-75 into the downtown – it’s the gateway to Sarasota.”