Sarasota DeSears building becoming future Ashley HomeStore

BUYER: Kingswere Furniture LLC (Ashley Furniture Industries), Arcadia, Wis.
SELLER: Rodney Dessberg
PROPERTY: 1998 Fiesta Drive, Sarasota
PRICE: $4.4 million
PREVIOUS PRICE: $3.14 million, December 2001
LAW FIRM ON DEED: Windeerweedle Haines Ward & Woodman PA, Winter Park

PLANS, DESCRIPTION:
Ashley Furniture Industries Inc. purchased a 47,329-square-foot DeSears Appliance, Furniture & Mattress store building for $4.4 million.

The price equated to $92 per square foot. That figure is lower than the two-year average price per square foot for retail space ($138) in the Tampa Bay area, according to the CoStar Group.