Om Ventures buys Shoppes of North Port

BUYER: North Port OMV II LLC, Tampa
SELLER: Equity One (Florida Portfolio) Inc.
PROPERTY: 14809 S. Tamiami Trail, North Port
PRICE: $7 million
PREVIOUS PRICE: $7.25 million, December 2000
LAW FIRM ON DEED: Broad and Cassel, Boca Raton

PLANS, DESCRIPTION:
Om Ventures of Tampa purchased the 84,705-square-foot Shoppes of North Port from Equity One for $7 million.

The price equated to $83 per square foot. That figure is lower than the two-year average price per square foot for retail space ($138) in the Tampa Bay area, according to the CoStar Group.