Discovery Point franchisee buys child development center

BUYER: Roseneath LLC (principals: Christopher and Jane Moore and Sarah Bowie), Tampa
SELLER: Discovery Development Inc.
PROPERTY: 5415 Post Oak Blvd., Wesley Chapel
PRICE: $2.63 million
PREVIOUS PRICE: $400,000, October 2007
LAW FIRM ON DEED: Shumaker Loop & Kendrick LLP, Tampa

PLANS, DESCRIPTION: Sarah Bowie and her parents Christopher and Jane Moore purchased a 10,121-square-foot child care center on a Post Oak Boulevard for $2.63 million. The franchise company Discovery Development bought the 1.35-acre site and developed the childcare facility and playground for the future franchisee Bowie. The center can hold up to 220 children.

The new location is the second Discovery Point Child Development Center to open in Wesley Chapel, behind a location in Seven Oaks.

The purchase entity Roseneath LLC mortgaged the property to Park Avenue Bank for $1.44 million.