Ken Neal Corp., Matrix24 moving to 301 Mower Shop building

BUYER: Ken Neal Corp. (officers: Craig Blethen and Harry Neal), Sarasota
SELLER: John and Myrtis Elder
PROPERTY: 1605 W. University Parkway, Sarasota
PRICE: $825,000
PREVIOUS PRICE: $400,000, December 1999
LAW FIRM ON DEED: Williams Parker Harrison Dietz & Getzen, Sarasota

PLANS, DESCRIPTION:
Sarasota's Ken Neal Corp. purchased the 17,086-square-foot former 301 Mower Shop industrial building for $825,000.

The price equated to $48 per square foot. That figure is lower than the two-year average price per square foot for industrial space ($104) in the Tampa Bay area, according to the CoStar Group.