Nick DeVito
Partner, Ian Black Real Estate
Sarasota, FL 34237
Commercial Real Estate Specialist and SIOR at Ian Black Real Estate
Phone (551) 206-4390
Mobile (941) 928-1243
Commercial Real Estate Specialist and SIOR at Ian Black Real Estate
Specialties
Investment Sales Broker, Landlord Rep, Tenant Rep
Property Types
Industrial, Land, Office, Retail, Specialty, Multi-Family, Health Care
Markets
Tampa/St Petersburg, Southwest Florida
Languages
English
Bio
Nick DeVito II, SIOR a 6th generation Floridian, grew up in Sarasota as did his parents, Nick Menard DeVito and Nancy Alday, so his Sarasota roots run deep. After graduating from Riverview High School, Nick attended the University of Florida and received a B.A. at the College of Business, focusing on Finance, Marketing, and Real Estate. Nick joined Ian Black Real Estate in 2010 and in 2016 was named a partner in the firm.
Over the years, he has successfully assisted clients with leasing, sales, and tenant representation for regional expansion of warehouse, office, and retail locations. Other specialties include acquisition and disposition of Investment, Owner/User and Real Estate owned properties for lending institutions and Trusts. Companies Nick has served include Northern Trust, Gorman Plumbing, Berlin Patten Ebling, Lennox, ASO, Roofing Supply Group, Wentzel’s Heating and Air, Allied Building Products, HD Supply, Custom Air & Plumbing, Massey Services, Clark & Washington, Tidewell Hospice, Microtron Inc., The Starling Group, Willis Smith Construction, Linksters, and Paddywagon. In 2017, DeVito worked with the Sarasota County Sheriff’s Department to help assess the market in their relocation and to purchase of a 70,000 square foot office facility.
Additionally, he helped organize a local investment group to purchasing a 206,000 square foot distribution facility, which was more than 65% vacant. After signing a national tenant for over 103,000 square feet, the facility currently has less than a 10% vacancy. In 2015, a family trust turned over their portfolio – a collection of medical office buildings, retail shopping centers and flex warehouse space totaling over 200,000 square feet along the Gulf Coast, from Ellenton/Palmetto in the north and Port Charlotte/Cape Coral/Lehigh Acres in the south. From 2012 through 2017, Nick has achieved $80,000,000 in sales representing a total of over 1,200,000 square feet of property.
Nick holds the prestigious designation as a member of the Society of Industrial and Office Realtors (SIOR). He is also a member of the International Council of Shopping Centers (ICSC); a member of Realtors Association of Manatee and Sarasota (RAMS); and a member if Commercial Investment Division (CID) of RAMS, and a Certified Commercial Investment Member (CCIM) member, actively pursuing the CCIM designation.
Married to Susan Kerstan, the couple has 5 children. Nick & Susan attend 360 Church. They enjoy traveling together and spending time with their children. Nick enjoys spending his spare time on the golf course. He currently gives back to the community in serving on the Board of The First Tee of Sarasota/Manatee, in some capacity with the organization since 2010.
Education
Affiliations
