ICORR Properties president buys Deep Creek Plaza

BUYER: 2000 Rio De Janeiro LLC (principal: Ron Wolf), Sarasota
SELLER: Branch Banking & Trust Co.
PROPERTY: 2000 Rio De Janeiro Ave., Punta Gorda
PRICE: $930,000
PREVIOUS PRICE: $1.25 million, September 2002
ATTORNEY ON DEED: Anthony J. Gargano Esq., Fort Myers

PLANS, DESCRIPTION: Ron Wolf, president of the real estate firm ICORR Properties International, purchased the 12,735-square-foot Deep Creek Plaza for $930,000.

The price equated to $73 per square foot. That figure is lower than the two-year average price per square foot for retail space ($140) in Southwest Florida, according to the CoStar Group.