Yellowfin Yachts buys Florida warehouse

Publish date:
Social count:

Yellowfin Yachts LLC, a Sarasota, Fla., boatbuilding company managed by Wylie Nagler, purchased a 22,500-square-foot industrial warehouse in Bradenton out of foreclosure for $560,000.

The previous owner, Larry Rogers, paid $1.368 million in March 2007 and lost the building to foreclosure last year, according to the Sarasota Herald-Tribune.

In February, Yellowfin Yachts bought a 31,500-square-foot industrial warehouse in the same industrial park for $800,000 and financed the purchase with a $640,000 loan from BB&T.

Yellowfin, which builds a line of fishing boats, already owns a 19,500-square-foot industrial warehouse in the same industrial park that it bought for $1.489 million in July 2008, a 14,000-square-foot distribution warehouse in Bradenton that it bought for $200,000 12 years ago and a 52,500-square-foot warehouse in Manatee County that it bought in 2006.

Click here for the full report.


Suzuki sponsoring TV show

Mike Frisch, host of Fishing the Midwest television series, announced that Suzuki would be the exclusive outboard motor of the show.

Sea Tow Foundation appoints new directors

The nonprofit Sea Tow Foundation has announced the return of Gail R. Kulp as executive director. Michael Wesolowski, the former executive director, is now the director of external affairs.