Continental Awards and Trophies opening St. Pete distribution center

BUYER: Derrick Calcote, Bartlett, Tenn.
SELLER: Elizabeth and Herbert Anderson, individually and co-trustees of the Elizabeth O. Anderson Revocable Trust of 1998
PROPERTY: 10601 Oak St. N.E., St. Petersburg
PRICE: $1.05 million
PREVIOUS PRICE: $15,000, 1979
TITLE FIRM ON DEED: Fidelity National Title of Florida Inc., South Pasadena

PLANS, DESCRIPTION: Tennessee entrepreneur Derrick Calcote purchased the 46,572-square-foot Rollaway Facility for $1.05 million.

The price equated to $23 per square foot. That figure is lower than the two-year average price per square foot for industrial space ($46) in the Tampa Bay area, according to the CoStar Group.