Curb Systems owners buy former downtown Iberia branch

BUYER: Palm Lee Properties LLC (principals: Jefferson and Charlene Romer), Fort Myers
SELLER: IberiaBank
PROPERTY: 2225 First St., Fort Myers
PRICE: $1.2 million
PREVIOUS PRICE: $2.3 million, February 2006
LAW FIRM ON DEED: Jones Walker LLP, Miami

PLANS, DESCRIPTION: Two owners of Curb Systems of S.W. FL and Sarasota LLC, Jeff and Charlene Romer, purchased a 7,981-square-foot downtown office building for $1.2 million.

The price equated to $150 per square foot. That figure is higher than the two-year average price per square foot for office space ($120) in Southwest Florida, according to the CoStar Group.