Protech Nutraceuticals buys new manufacturing facility

BUYER: Sulmor LLC (principals: Joseph and Donna Moretti as trustees), Largo
SELLER: COP-JBK Marathon LLC
PROPERTY: 10321 72nd St. N., Largo
PRICE: $1.26 million
PREVIOUS PRICE: $4.45 million, April 2007
ATTORNEY ON DEED: Douglas W. Oswald Esq., Altamonte

PLANS, DESCRIPTION:The owners of Protech Nutraceuticals Inc. Joe and Donna Moretti purchased a 25,117-square-foot manufacturing facility for $1.26 million.

The price equated to $50 per square foot. That figure is higher than the two-year average price per square foot for industrial space ($46) in the Tampa Bay area, according to the CoStar Group.