Solaris building traded in sale, lease-back deal

BUYER: Havacamp Inc., Bayport, Minn.
SELLER: 9520 Bonita Beach Road LLC
PROPERTY: 9520 Bonita Beach Road, Bonita Springs
PRICE: $2.5 million
PREVIOUS PRICE: $350,000, October 2011
LAW FIRM ON DEED: Salvatori Wood Buckel Carmichel & Lottes, Naples

PLANS, DESCRIPTION:
A Minnesota investor purchased a 10,412-square-foot office building in the Colonnade Medical Park for $2.5 million.

The price equated to $240 per square foot. That figure is higher than the two-year average price per square foot for office space ($131) in Southwest Florida, according to the CoStar Group.