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BUYER: FLT Two LLC (principals: Vladimir Trainin, Gennady Leykin and Alexander Mezheritsky),
SELLER: 4048 Evans Avenue Holdings LLC
PROPERTY: 4048 Evans Ave., Fort Myers
PRICE: $1.03 million
PREVIOUS PRICE: $3.6 million, November 2006
LAW FIRM ON DEED: Quilling Selander Cummiskey & Lownds PC, Dallas
PLANS, DESCRIPTION: A group of Massachusetts investors purchased the 30,123-square-foot Eastpointe Professional Center for $1.03 million.
The price equated to $34 per square foot.
Gary Tasman of Commercial Property Southwest Florida, a Cushman and Wakefield Alliance, handled the transaction.
The 23-year-old office building was 40% occupied at the time of the sale, according to Tasman. It features two stories of office space over parking.
“It is near the old [Southwest Florida Regional Medical Center] hospital that was demolished so they could build a new LeeSar facility there,” Tasman says. “They expect that to bring a lot of fresh breath into the area.”
The investors expect to do some cosmetic upgrades to the building, which was bank-owned.
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