European Equities Corp. buys Isla Del Sol Shoppers Village

BUYER: Isla Del Sol Shoppers Village LLC (principal: David McComas), Clearwater
SELLER: Duluth Developers LLC (50% interest) and EBK Properties Inc. (50%)
PROPERTY: 5901 Sun Blvd., St. Petersburg
PRICE: $3.95 million
PREVIOUS PRICE: $1.07 million, July 2002
LAW FIRM ON DEED: Johnson Pope Bokor Ruppel & Burn LLP, Clearwater

PLANS, DESCRIPTION: Clearwater-based European Equities Corp. purchased the 46,788-square-foot Isla Del Sol Shoppers Village for $3.95 million.

The price equated to $84 per square foot. That figure is lower than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.