BUYER: ARL Holdings LLC (manager: Frank Aloia Jr.), Fort Myers
SELLER: Doc Plaza LLC
PROPERTY: 2222 Second St. and 1713 Hendry St., Fort Myers
PRICE: $1.3 million
PREVIOUS PRICE: $1.92 million, May 2008
LAW FIRM ON DEED: Goede Adamczyk & DeBoest PLLC, Naples
The Fort Myers law firm of Aloia Roland & Lubell LLP purchased the 6,112-square-foot Doc Plaza office building for $1.3 million.
The price equated to $213 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.
The building features five large offices and a central lobby. The 0.37-acre parcel in downtown Fort Myers is adjacent to city hall and near the county and federal courthouses.
The personal injury law firm had not replied to a request for comment as of deadline. It has a main office at 2254 First St., Fort Myers and a second location at 1716 Cape Coral Parkway E., Cape Coral.
Bob Pekol and Bryan Myers of LandQwest Commercial represented the seller, and Rokki Rogan and Mike Doyle of LandQwest Commercial represented the buyer.
The purchase entity, ARL Holdings LLC, mortgaged the property to Edison National Bank for two loans totaling $1.51 million.