Gulf Coast Auto Brokers buys its Clark Road buildings

BUYER: Gulf Coast Auto Brokers Inc. (president: Samer Khader), Sarasota
SELLER: STB Holdings Inc.
PROPERTY: 4343 and 4347 Clark Road, Sarasota
PRICE: $1.04 million
PREVIOUS PRICE: $564,000, May 1999 and $350,000, April 1999
LAW FIRM ON DEED: Lutz Bobo Telfair Eastman Gabel & Lee, Sarasota

PLANS, DESCRIPTION:
Gulf Coast Auto Brokers Inc. purchased two industrial buildings on Clark Road for $1.04 million.

The price equated to $281 per square foot. That figure is higher than the two-year average price per square foot for retail space ($138) and industrial space ($104) in the Tampa Bay area, according to the CoStar Group.