Arkansas attorney-led company buys TerraCap's Bonita Springs building

BUYER: Freehold Properties LLC (manager: Patricia Henry), Russellville, Ark.
SELLER: Coconut Office Center LLC
PROPERTY: 23421 Walden Center Drive, Bonita Springs
PRICE: $1.44 million
PREVIOUS PRICE: $800,000, August 2012
LAW FIRM ON DEED: Kevin A. Denti PA, Naples

PLANS, DESCRIPTION:
A company led by Russellville, Ark., attorney Patricia Henry purchased an 11,062-square-foot Coconut Office Center office building for $1.44 million.

The price equated to $130 per square foot. That figure is higher than the two-year average price per square foot for office space ($112) in Southwest Florida, according to the CoStar Group.