McGuire Development Co. acquires Collier Health Park

BUYER IN LIEU OF FORECLOSURE: CHP Erie Investors LLC, Buffalo, N.Y.
SELLER: DIV Double Pea LLC
PROPERTY: 11121-11181 Health Park Blvd., Naples
PRICE: $16.12 million (loan debit exchanged)
PREVIOUS PRICE: $3.39 million
LAW FIRM ON DEED: Coleman Yovanovich & Koester PA, Naples

PLANS, DESCRIPTION:McGuire Development Co. has acquired the 76,500-square-foot Collier Health Park in Naples.

The Buffalo, N.Y.-based medical real estate developer acquired the mortgage debit on the property from LaSalle Bank NA and then took over ownership of the property through a deed in lieu of foreclosure. The deed reports the property was transferred based on $16.12 million in mortgage debit.