Discovery Senior Living developing second Discovery Village

BUYER: Discovery Village at Naples LLC (principals: Thomas Harrison, Richard Hutchinson, Jeff Henning and Todd Carlson), Bonita Springs
SELLER: Sierra Meadows LLC
PROPERTY: 8417 Sierra Meadows Blvd., Naples
PRICE: $1.79 million
PREVIOUS PRICE: $3.4 million, January 2011
ATTORNEY ON DEED: John M. Morgan, Fort Myers

PLANS, DESCRIPTION: An affiliate of Discovery Senior Living purchased a 6.9-acre lot south of Rattlesnake Hammock Road for $1.79 million.

The price equated to $260,000 per acre.