Charter School Capital buys Palmer Ranch school building

BUYER: AEP Charter Palmer Ranch LLC (chief financial officer: Brad Coburn), Portland, Ore.
SELLER: Meridian Business Center LLC
PROPERTY: 6220 McIntosh Road, Sarasota
PRICE: $10.2 million
PREVIOUS PRICE: $5 million, August 2006
LAW FIRM ON DEED: Hill Ward Henderson, Tampa

PLANS, DESCRIPTION: Portland, Ore.-based Charter School Capital purchased the 54,314-square-foot Imagine Schools at Palmer Ranch charter school building for $10.2 million.

The price equated to $188 per square foot.