The CEO of one of the world’s largest independent distributors of electronic components has purchased the biggest piece of property put on the Manatee County market in recent memory.
Michael Galinski, founder and owner of St. Petersburg-based multinational America II Inc., paid $13 million to the family of a former U.S. Army general for 4,515 acres near Myakka River State Park. The property, sold Sept. 16 2014, consists of 13 tax parcels that are contiguous and lie around Clay Gully, Sugarbowl and Coker Gully roads.
The property was purchased from Mason Realty Florida Properties of Sarasota, a company owned and operated by the sons of the late Raymond E. Mason Jr., a World War II veteran and longtime member of the board of trustees at New College who died in 2010.
“It’s just a gorgeous piece of property,” Galinski said, “I just can’t see another piece of land coming up for that price in that area that borders a state park.”
Galinski said he plans to hold onto the land long term. He will use it for a ranching operation, and expects the portion bordering the Myakka State Park to become a conservation easement sometime in the future. The southern border of his land abuts the park, he said.
According to Sarasota attorney Robert Johnson, the Mason family ownership of Manatee property dates back to the 1940s, when Robert Mason Jr.’s father began buying land. Johnson, who represented the Masons in the land sale, said Robert Mason Jr.’s involvement began in 1982 when he bought several parcels from Julia Parrish. By the time he purchased the last pieces in 1994, Mason had spent about $1.5 million for the acreage sold to Galinski, according to county land records.
Galinski has land holdings outside of Manatee County, particularly in St. Petersburg. He said he is looking forward to taking an active role in operating a ranch on his new property, if for no other reason than to get away from his day job. “In Manatee County, it seems like you’re thousands of miles away,” he said.