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Odessa dental lab buys Fletcher Avenue building


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  • | 5:55 p.m. October 1, 2010
  • | 2 Free Articles Remaining!
  • Tampa Bay-Lakeland
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BUYER: Hiraku Corp. (principals: Jan and Pyong Han), Odessa


SELLER: SIK Loom Inc.


PROPERTY: 912 E. Fletcher Ave., Tampa


PRICE: $900,000


PREVIOUS PRICE: $247,000, June 2002


TITLE FIRM ON DEED: Masterpiece Title, Tampa


PLANS, DESCRIPTION: A dental laboratory purchased the 13,840-square-foot Silk Loom building for $900,000.


The price equated to $65 per square foot.


Odessa-based Hiraku Corp. acquired the six-year-old building with plans to occupy it. Hiraku makes dentures, implants, crowns and other dental products.


The deal was a short sale.


Sylvia Weigand and Ray Mihara with Wingate & Associates Inc. represented the seller and Vanna Nguyen with Century 21 Executive represented the buyer.


Hiraku mortgaged the property to Regions Bank for $720,000.

 

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