Investors Gibson family buy Sarasota Industrial Park building

BUYER: Raymond Gibson as trustee of the Raymond H. Gibson Trust, Sarasota
SELLER: TAC LLC
PROPERTY: 2383 Industrial Blvd., Sarasota
PRICE: $1.08 million
PREVIOUS PRICE: $750,000, August 2002
LAW FIRM ON DEED: Williams Parker Harrison Dietz & Getzen, Sarasota

PLANS, DESCRIPTION:
Raymond Gibson, individually and as trustee of the Raymond H. Gibson Trust, purchased a 36,335-square-foot building in Sarasota Industrial Park for $1.08 million.

The price equated to $30 per square foot. That figure is less than the two-year average price per square foot for industrial space ($104) in the Tampa Bay area, according to the CoStar Group.