Trust buys Clark center as passive investment


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  • | 8:34 a.m. September 20, 2013
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  • Manatee-Sarasota
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BUYER: 4281-4305 Clark Road LLC (principal: Andrew Rosin), Sarasota
SELLER: Soltis Family LLC
PROPERTY: 4281-4305 Clark Road, Sarasota
PRICE: $1.41 million
PREVIOUS PRICE: $1.62 million, May 2003
LAW FIRM ON DEED: Law Office of Andrew Rosin PA, Sarasota

PLANS, DESCRIPTION: An undisclosed trust, represented by Sarasota attorney Andrew Rosin, purchased a 10,168-square-foot retail strip center on Clark Road for $1.41 million.

The price equated to $139 per square foot. That figure is lower than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.

 

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