BUYER: Collier Enterprises Management Inc. (principals: Miles and Barron Collier, Thomas Flood, Robert Corina and Michael Taylor), Naples
SELLER: PK Naples LLC
PROPERTY: 2550 Goodlette-Frank Road, Naples
PRICE: $1.5 million
PREVIOUS PRICE: $1.36 million, August 2007
LAW FIRM ON DEED: Edwards Angell Palmer & Dodge LLP, West Palm Beach
PLANS, DESCRIPTION: Naples-based Collier Enterprises Management Inc. purchased the 10,000-square-foot PK Studios building for $1.5 million. The price equated to $150 per square foot.
Collier Enterprises, a development/real estate investment company, has leased office space since it sold its building at 3003 Tamiami Trail N. several years ago.
Now the firm plans to use the acquired building, a two-year-old, two-story complex, as its headquarters. It's scheduled to move in the first quarter.
Collier Enterprises is the developer of Collier's Reserve, The Old Collier Golf Club and Hamilton Harbor Yacht Club.