Investment group buys industrial building


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  • | 6:00 p.m. March 10, 2005
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BUYER: Windward Investors LLC (principal: William Feeley), St. Petersburg
SELLER: 6805 33rd LLC
PROPERTY: 6805 E. 33rd St., Sarasota
PRICE: $1.1 million
PREVIOUS PRICE: $635,000, June 2004
TITLE FIRM ON DEED: Barnes Walker Title Inc., Bradenton
PLANS, DESCRIPTION: Windward Investors LL, an investor group headed by William Feeley president of the St. Petersburg-based real estate brokerage Suncoast Realty Advisors Inc., purchased a 20,800-square-foot office/warehouse building on East 33rd Street north of Whitfield Avenue in Prospect Industrial Park for $1.1 million, equal to an average of $393 per square foot of building space. The building was fully leased to several tenants, including contract-lens manufacturer Danker Laboratories, at the time of the sale. The property was purchased as an investment, Feeley says.

 

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