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Masters Commercial Holdings buys Kennedy Boulevard's DocuSource


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  • | 8:49 p.m. April 8, 2010
  • | 2 Free Articles Remaining!
  • Commercial Real Estate
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BUYER: Masters Commercial Holdings LLC (principal: Travis Masters), Tampa


SELLER: Winter Holdings LLC


PROPERTY: 1506 W. Kennedy Blvd., Tampa


PRICE: $1.15 million


PREVIOUS PRICE: $800,000, August 2004


TITLE FIRM ON DEED: Legal Title Exchange Inc., Largo


PLANS, DESCRIPTION: Travis Masters purchased a 4,900-square-foot freestanding retail building on Kennedy Boulevard for $1.15 million. The price equated to $234 per square foot.


The 14-year-old building came along as part of Masters' purchase of DocuSource, a digital printing and copying business. Masters previously owned Signs Now in Largo. Masters Commercial Holdings LLC mortgaged the building to the former owner, Winter Holdings LLC, for $304,000 and to HomeBanc NA for $1.79 million.

 

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