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BUYER: Port Manatee Scrap Metal Inc. (principals: Betty, Toby and Gary Grimmel), Savannah, Ga.
SELLER: Manatee Management LLC
PROPERTY: 13838 Harlee Road, Palmetto
PRICE: $3.5 million
PREVIOUS PRICE: $2.1 million, December 2004
LAW FIRM ON DEED: Bender Bender & Chandler PA, Coral Gables
PLANS, DESCRIPTION: Georgia Recyclers and Savannah Steel Terminal, both of Savannah, Ga., purchased the 87,146-square-foot Kleen Soil building near Port Manatee for $3.5 million.
The price equated to $40 per square foot and $137,471 per acre.
The large metal building on the property was originally built in 1975.
A final site plan has been filed with Manatee County under the project name of Savannah Steel. It describes using the 25.46-acre property as a junkyard and heavy manufacturing facility.
Calls for comment to the project's engineer and agent, Sarasota-based King Engineering Associates Inc., were not returned prior to deadline.
The new owners are related companies of Maine-headquartered Grimmel Industries, which operates several similar port-located scrap metal recycling businesses.
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