O.E. Wheel Distributors buys its Centre Park building

BUYER: 7205 East LLC (principals: James Moore and Lance Bullock), Sarasota
SELLER: Rucha LLC
PROPERTY: 7205 E. 22nd St., Sarasota
PRICE: $1 million
LAW FIRM ON DEED: Berlin-Patten PLLC, Sarasota

PLANS, DESCRIPTION: An affiliate of Sarasota-based O.E. Wheel Distributors purchased a 15,200-square-foot distribution building in Centre Industrial Park for $1 million.

The price equated to $66 per square foot. That figure is higher than the two-year average price per square foot for industrial space ($46) in the Tampa Bay area, according to the CoStar Group.