Culver's franchisee S&L Cos. buys portion of medical center parking lot

BUYER: S&L Properties Bradenton LLC (managers: Chad Stevenson and Jeffrey Liegel), Portage, Wis.
SELLER: Bay Area Medical Plaza LLC
PROPERTY: a portion of (main: 3501 W. Cortez Road) 3501, 3515, 3505, 3509, 3513, 3517, 3521, 3601, 3603, 3605, 3609, 3613, 3617 and 3625 W. Cortez Road, Bradenton
PRICE: $937,500
PREVIOUS PRICE: $7.6 million, September 2012 (full Bay Area Medical Plaza)
LAW FIRM ON DEED: Buchanan Ingersoll & Rooney PC, Tampa

PLANS, DESCRIPTION:
S&L Cos. of Portage, Wis. purchased an acre portion of the Bay Area Medical Plaza parking lot for $937,500.

Brothers Chad Stevenson and Jeffrey Liegel, owners of the Culver's franchisee, plan to develop the parcel into a new 4,500-square-foot Culver's restaurant.