McGuire Development Co. buys land for assisted-living facility

BUYER: McGuire Florida Holdings LLC (officers: James McGuire and James Dentinger), Buffalo, N.Y.
SELLER: Platinum Coast Financial Corp.
PROPERTY: 11150 Tamiami Trail E. and additional land, Naples
PRICE: $1.5 million
PREVIOUS PRICE: $650,000, September 1991
LAW FIRM ON DEED: Roetzel & Andress LPA, Naples

PLANS, DESCRIPTION:
Buffalo, N.Y.-based developer McGuire Development Co. purchased 8.7 acres of vacant commercial land along U.S. 41 north of Roman Road for $1.5 million.

The price equated to $172,414 per acre.