Naples Women's Center medical office building sells for $3.95 million

BUYER: 1726 Medical Building I LLC (Walcott Partners), Huntley, Ill.
SELLER: MT Crown Properties Inc.
PROPERTY: 1726 Medical Blvd., Naples
PRICE: $3.95 million
PREVIOUS PRICE: $3.05 million, September 2001
TITLE FIRM ON DEED: Florida Universal Title LLC, Naples

PLANS, DESCRIPTION: The Walcott Partners of Huntley, Ill., purchased the 13,152-square-foot Naples Women's Center medical office building for $3.95 million.

The price equated to $300 per leasable square foot. That figure is higher than the two-year average price per square foot for office space ($120) in Southwest Florida, according to the CoStar Group.