Business

AmeriLife founder buys Tallevast warehouse for $4.9 million

MANATEE -- A southern Manatee County warehouse that is half occupied by Taylor Made Systems' Ameritex has changed hands in a $4.9 million deal to the founder of an insurance company.

Taylor Made's real estate company JWET Realty Corp. closed on the deal Oct. 20 with Bradenton Property Investments LLC. The manager of the Bradenton Property Investments, Capital Resources of Chicago, traces back to Clearwater resident Gary Boesch, a retired founder of insurance behemoth AmeriLife.

Taylor Made makes windshields and custom parts and accessories for power boats, and its Ameritex Fabric Systems makes fabric boat enclosures at the 171,100-square-foot warehouse, 1900 47th Terrace E.

Following the sale, Ameritex/Taylor Made then signed a 10-year lease for its space with two five-year renewal options, according to documents filed with the Manatee County Clerk.

The real estate listing for the property said the building is 51 percent occupied by Taylor Made and the building includes a cafeteria, exterior and interior loading docks and bays and a 5-ton bridge crane. Talyor Made bought the warehouse for $4.5 million in 1998, according to property sales records.

Charles Schelle, Herald business reporter, can be reached at 941-745-7095. Follow him on Twitter@ImYourChuck.

  Comments