Port Charlotte doctors buy Omni Professional Center

BUYER: UB Properties LLC (principals: Bala and Usha Nandigam), Port Charlotte
SELLER: Richard Shafner as trustee of the Omni Realty Trust
PROPERTY: 4045 and 4055 Tamiami Trail, Port Charlotte
PRICE: $910,000
PREVIOUS PRICE: $720,000, November 1986
LAW FIRM ON DEED: Farr Farr Emerich Hackett & Carr PA, Punta Gorda

PLANS, DESCRIPTION:
An acquisition entity led by doctors Bala and Usha Nandigam of Harbor Cardiology & Vascular Center in Port Charlotte purchased the two-building Omni Professional Center for $910,000.

The price equated to $74 per square foot. That figure is less than the two-year average price per square foot for office space ($120) in Southwest Florida, according to the CoStar Group.