Phantom Fireworks buys Shoppes at the Forest

BUYER: Phantom of Fort Myers Inc. (principals: Bruce and Alan Zoldan, Jerry Bostocky, Kevin Henchar and William Weimer), Youngstown, Ohio
SELLER: SunTrust Bank
PROPERTY: 16243 S. Tamiami Trail, Fort Myers
PRICE: $1.19 million
PREVIOUS PRICE: $1.19 million, February 2006
TITLE FIRM ON DEED: Old Republic National Title Insurance Co., Tampa

PLANS, DESCRIPTION:
Youngstown, Ohio-based Phantom Fireworks purchased the 12,000-square-foot Shoppes at the Forest retail strip center for $1.19 million.

The price equated to $99 per square feet. That figure is less than the two-year average price per square foot for retail space ($144) in Southwest Florida, according to the CoStar Group.