Gecko's Grill & Pub buys its Cattlemen location

BUYER: 351 Cattlemen LLC (manager: Michael Quillen and Michael Gowan), Sarasota
SELLER: Sarasota Restaurant Corp.
PROPERTY: 351 N. Cattlemen Road, Sarasota
PRICE: $1.8 million
PREVIOUS PRICE: $1.5 million, March 2005
LAW FIRM ON DEED: William A. Dooley PA, Sarasota

PLANS, DESCRIPTION:
The owners of Gecko's Grill & Pub restaurants, Mike Gowan and Mike Quillen, purchased a 10,115-square-foot restaurant building for $1.8 million.

The price equated to $178 per square foot. That figure is greater than the two-year average price per square foot for retail space ($138) in the Tampa Bay area, according to the CoStar Group.