St. Petersburg's Heritage Insurance buys Clearwater AmeriLife buildings

BUYER: Heritage Insurance Holdings LLC (principal: Bruce Lucas), St. Petersburg
SELLER: 2600 & 2650 McCormick Drive
PROPERTY: 2600 and 2650 McCormick Drive, Clearwater
PRICE: $9.2 million
PREVIOUS PRICE: $18.1 million, June 2006
LAW FIRM ON DEED: First American Title Insurance Co., Washington, D.C.

PLANS, DESCRIPTION: St. Petersburg-based property and casualty insurer Heritage Insurance purchased the two AmeriLife buildings in Clearwater for $9.2 million.

The price equated to $62 per 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.