Medallion Home-led investment group buys three buildings pads near Ranch

BUYER: I-75 Office Park LLC (principal: Thomas Pattermann), Bradenton
SELLER: Redus Florida Commercial LLC
PROPERTY: 8915 E. 77th Terrace, Bradenton
PRICE: $825,000
LAW FIRM ON DEED: Sun Coast Title Co., Sarasota

PLANS, DESCRIPTION: An investment company led by Carlos Beruff's Medallion Home purchased three building pads on 2.27 acres in the Professional Center at Lakewood Ranch for $825,000.

The price equated to $363,436 per acre. That figure is less than the two-year average price per acre for office space ($1.18 million) in the Tampa Bay area, according to the CoStar Group.