Fort Myers real estate investors buy Plant City's Courtyard Square

BUYER: Rminvesting LLC (principals: Kerrie Reid and Emma McGrath), Fort Myers
SELLER: Donna Jean Corp.
PROPERTY: 1001 E. Baker St., Plant City
PRICE: $1.22 million
PREVIOUS PRICE: $110,000, August 1984
TITLE FIRM ON DEED: Hillsborough Title Inc., Plant City

PLANS, DESCRIPTION: Fort Myers real estate investors Kerrie Reid and Emma McGrath purchased the 17,769-square-foot Courtyard Square for $1.22 million.

The price equated to $68 per square foot or $88 per net rentable square foot. That figure is lower than the two-year average price per square foot for office space ($115) in the Tampa Bay area, according to the CoStar Group.