Investors, Australian trust buy Whitfield Industrial building


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  • | 10:00 a.m. November 7, 2014
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  • Tampa Bay-Lakeland
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BUYER: Whitfield IND LLC (managing member: Aran Dunlop), Fort Myers
SELLER: Patricia Luber, individually and as trustee of the land agreement to as the 689.071 Trust #5
PROPERTY: 2245 Whitfield Industrial Way, Sarasota
PRICE: $950,000
PREVIOUS PRICE: $68,250, January 1980
LAW FIRM ON DEED: MLS Title LLC, Fort Myers

PLANS, DESCRIPTION:
An investment group, led by Aran Dunlop, owner of Fort Myers-based Dunlop Capital LLC, purchased the 30,000-square-foot Luber Building for $950,000.

The price equated to $32 per square foot. That figure is lower than the two-year average price per square foot for industrial space ($104) in the Tampa Bay area, according to the CoStar Group.

 

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