Discovery Senior Living, partner building new Tampa senior facility

BUYER: Tampa Senior Housing I Propco LLC, Boca Raton
SELLER: Discovery Village at Tampa Palms LLC
PROPERTY: a portion of Brookside Trace Court and Commerce Park Boulevard, Tampa
PRICE: $2.1 million
PREVIOUS PRICE: $1.5 million, August 2013
LAW FIRM ON DEED: Meltzer Purtill & Stelle LLC, Chicago

PLANS, DESCRIPTION:
Discovery Senior Living sold a 5.4-acre parcel next to Interstate 75 to a joint venture of its private equity partner, Kayne Anderson Real Estate Advisors, and itself for $2.1 million.

The price equated to $388,889 per acre.