Kirchberger's Golden Key Properties buys two Lake View Office buildings

BUYER: Golden Key Properties LLC (principal: Andreas Kirchberger), Port Charlotte
SELLER: PNC Bank successor by merger to RBC Bank (USA)
PROPERTY: 421 and 425 Commercial Court, Venice
PRICE: $1.5 million
PREVIOUS PRICE: $87,800, June 2002
LAW FIRM ON DEED: Carlton Fields PA, Orlando

PLANS, DESCRIPTION: Andreas Kirchberger-led investor group Golden Key Properties LLC has purchased its third Gulf Coast office property and its second in Sarasota County. The investor group purchased two buildings in Lake View Office Park for $1.5 million.

The price equated to $53 per square foot. That figure is less than half the two-year average price per square foot for office space ($115) in the Tampa Bay area, according to the CoStar Group.