Please ensure Javascript is enabled for purposes of website accessibility

Datum Corp. moving to former Wetherington building


  • By
  • | 9:00 a.m. August 10, 2012
  • | 2 Free Articles Remaining!
  • Manatee-Sarasota
  • Share

BUYER: TG Frost Holdings LLC (principal: Thomas Frost), Lakewood Ranch

SELLER: Wetherington Properties LLC

PROPERTY: 6009 Business Blvd., Sarasota

PRICE: $975,000

PREVIOUS PRICE: $114,000, June 1999

LAW FIRM ON DEED: Adams and Reese LLP, Sarasota

PLANS, DESCRIPTION: Sarasota technology company Datum Corp. purchased the 11,365-square-foot former Lee Wetherington Homes headquarters for $975,000.

The price equated to $86 per square foot.

The property featured a kitchen and three restrooms.

Datum Corp. plans to renovate and relocate to the building in Lakewood Ranch Corporate Park from a leased space in a nearby building.

Steve Ross of Hembree & Associates Inc. represented the seller and Susan Goldstein of Michael Saunders & Co. represented the buyer.

“They liked the location and the building itself,” Goldstein says. “It was a great opportunity for them. They love being in the Lakewood Ranch area; it's very conducive to their business and employees.”

Datum Corp. specializes in providing technology solutions to retail and restaurant chains.

The purchase entity TG Frost Holdings LLC mortgaged the property to Synovus Bank for two loans totaling $1 million.

 

Latest News

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.