Hazelden Betty Ford Foundation buys residential portion of Naples facility

BUYER: Hazelden Foundation (principals: Mark Mishek, Terry Rubenstein, Susan Gillis, Paul Gossling, James Blaha, John Butler, William Cirone, Susan Engeleiter, Harve Ferrill, John Huss Jr., Andrew Jeon, Paul Karon, William Lammers, Cheryl McKinley, Lester Munson, Austin Olney, Gloria Perez, Michael Sime, Catherine Weyerhaeuser, et al.), Center City, Minn.
SELLER: 610 Development Co. LLC
PROPERTY: 950 Sixth Ave. N., units 1-12, Naples
PRICE: $5.88 million
PREVIOUS PRICE: $1.7 million, May 2006 (includes additional property)
LAW FIRM ON DEED: Foley & Lardner LLP, Tampa

PLANS, DESCRIPTION: The Hazelden Betty Ford Foundation has purchased the remainder of Six10 Condominium, 12 loft units, for $5.88 million.

The price equated to $490,054 per unit.