Sarasota County Arthritis Center buys Versailles Office Center

BUYER: Sarasota County Arthritis Center LLC (principal: Edward Sarbey), Sarasota
SELLER: Maraba LLC
PROPERTY: 1945 Versailles St., Sarasota
PRICE: $1.43 million
PREVIOUS PRICE: $1.1 million, March
LAW FIRM ON DEED: Vogler Ashton, Bradenton

PLANS, DESCRIPTION: The Sarasota County Arthritis Center has purchased the 12,768-square-foot Versailles Office Center for $1.43 million.

The price equated to $112 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.