Collier Enterprises to move into PK Studios building

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.