Laundry Plus moving north, buys larger industrial building

BUYER: Southwest Florida Franchises Inc. (principals: Richard Rone and Ariel Recchioni), Sarasota
SELLER: U.S. Tank and Cryogenic Equipment Inc.
PROPERTY: 6007 and 6011 E. 31st St., Bradenton,
PRICE: $1.1 million
PREVIOUS PRICE: $2 million, May 2005
LAW FIRM ON DEED: Greene Hamrick Quinlan Schermer & Esposito PA, Bradenton

PLANS, DESCRIPTION: The owners of commercial laundry firm Laundry Plus purchased a 36,066-square-foot industrial building in Henson Industrial Park for $1.1 million.

The price equated to $30 per square foot. That figure is lower than the two-year average price per square foot for warehouse space ($46) in the Tampa Bay area, according to the CoStar Group.