Presbyterian Retirement Communities buys land near Westminster Towers & Shores

By Business Observer Staff
| 10:00 a.m. October 3, 2014
| 0 Free Articles Remaining!

Manatee-Sarasota

BUYER: Presbyterian Retirement Communities Inc., Orlando
SELLER: Biel REO LLC
PROPERTY: 1805, 1806 and 1813 First Ave. W., Bradenton
PRICE: $2.25 million
LAW FIRM ON DEED: Law Firm of Trenam Kemker, St. Petersburg

PLANS, DESCRIPTION:
Presbyterian Retirement Communities Inc., the parent company of Westminster Towers & Shores, purchased 2.27 acres of land on the Manatee River for $2.25 million.

The price equated to $991,189 per acre.