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BUYER: Skywater-Naples LLC, Glen Burnie, Md.
SELLER: One Leg In Inc.
PROPERTY: 1736 Trade Center Way, Naples
PRICE: $1.15 million
PREVIOUS PRICE: $915,000, December 1997
ATTORNEY ON DEED: John P. White Esq., Naples
PLANS, DESCRIPTION: Glen Burnie, Md.-based R.E. Michel Co. Inc. purchased a 21,000-square-foot industrial building for $1.15 million.
The price equated to $55 per square foot.
The building features 14,700 square feet of warehouse space, three finished offices, a showroom and a 3,150-square-foot finished mezzanine with six private offices. It will be used as a distribution center for the new ownership.
The two-story building occupies a 1.15-acre site.
Since it acquired the building, the buying entity, Skywater-Naples LLC, has already started work on interior renovations and construction of a loading dock ramp. Clermont's Acuma Contracting LLC is the general contractor for the work.
Christine McManus of Investment Properties Corp. handled the transaction.
R.E. Michel Co. is a wholesale distributor of HVAC equipment, supplies and parts. Locally, it operates locations in Clearwater and Tampa.
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