Bradenton's Mag-Dise LLC buys Rasher Tierney's, and second building

BUYER: Mag-Dise LLC (principal: Jacob Traub), Bradenton
SELLER: Ronald and Rita Greenbaum
PROPERTY: 5106 and 5112 W. 14th St., Bradenton
PRICE: $850,000
PREVIOUS PRICE: $458,600, November 1989
TITLE FIRM ON DEED: Barnes Walker Title Inc., Bradenton

PLANS, DESCRIPTION: An acquisition entity led by Jacob Traub of Bradenton purchased the former 6,880-square-foot former Rasher Tierney's building and a 2,880-square-foot retail building for $850,000.

The price equated to $87 per square foot. That figure is less than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.