Steve Herrig, CEO of Sunz Insurance, has purchased two acres of land in downtown Bradenton for $2.35 million. The purchase is an assemblage comprised of three smaller parcels, located at 1301 Eighth Ave. W., 817 Tamami Trail, and 826 13th St. W. The assemblage sits just south of the Sunz Insurance office building at 1301 Sixth Ave. W., a 59,000-square-foot building which Herrig also owns. Jag Grewal of Ian Black Real Estate represented the buyer, Connect 5, LLC. Angela Varga of SVN Commercial Advisory Group represented the seller, Garfair, Inc.
Currently, there are no plans for the land south of the Sunz Insurance building. Zoning could allow for mixed-use, office, retail or multifamily housing. Earlier this year, officials approved plans for a 12-story apartment building in downtown Bradenton. A $31 million workforce housing project is also underway and will add 199 units to the market.