Jet Sports Management plans new sports bar

BUYER: Ten Venture Holdings LLC (principal: B.B. Abbott), Tampa
SELLER: 2617 Associates Ltd.
PROPERTY: 2617 W. Kennedy Blvd., Tampa
PRICE: $1 million
PREVIOUS PRICE: $250,000, September 1994
LAW FIRM ON DEED: Foley & Lardner LLP, Tampa
PLANS, DESCRIPTION: Ten Venture Holdings LLC, a company headed by B.B. Abbott managing members of the Tampa sports-management firm Jet Sports Management LLC, purchased the former Pediatrics Urgent Care 2,880-square-foot medical office building on Kennedy Boulevard west of Armenia Avenue for $1 million, equal to an average of $347 per square foot of building space. Originally constructed in 1953, the building sits on a third of an acre. Abbott plans to redevelop the property as a future restaurant.