Wheelock Street Capital, buys land, Ronto planning Goodlette Road development

BUYER: WSR Old Naples LLC, Boston
SELLER: BRP Asset Management LLC
PROPERTY: 100, 200 and 300 Goodlette Road S. and 1190 First Ave. S., Naples
PRICE: $21.5 million
PREVIOUS PRICE: $25 million, March 2005; $1.5 million, January 2005; and $1.1 million, November 2004
LAW FIRM ON DEED: Trenam Kemker, Tampa

PLANS, DESCRIPTION: Greenwich, Conn.-based private real estate investment firm Wheelock Street Capital purchased a 19.15-acre parcel at the northwest corner of Goodlette-Frank Road and Fifth Avenue South for $21.5 million.

The price equated to $1.12 million per acre.