New Jersey investor buys Christian Brothers building

BUYER: The Massa Design & Building Co. 2007-2011 RT. 35 Wall LLC (principal: Gabe Messa), Neptune, N.J.
SELLER: CBH Properties Tampa II LLC
PROPERTY: 20303 Trout Creek Drive, Tampa
PRICE: $2.33 million
PREVIOUS PRICE: $650,000, May 2012
LAW FIRM ON DEED: Christian Brothers Automotive Corp., Houston

PLANS, DESCRIPTION: An acquisition entity led by Gabe Messa of Neptune, N.J., purchased a 4,921-square-foot automotive repair facility for $2.33 million.

The price equated to $472 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.