Bradenton beauty academy moves to Cortez Road

BUYER: Guti Holdings LLC (principal: A. Patricia Galdamez), Bradenton

SELLER: Morrison Enterprises Inc.

PROPERTY: 4212 and 4216 W. Cortez Road, Bradenton

PRICE: $900,000

PREVIOUS PRICE: $600,000, May 1997

LAW FIRM ON DEED: Greene Hamrick Perrey Quinlan & Schermer, Bradenton

PLANS, DESCRIPTION: Patty Galdamez of Bradenton purchased a 7,200-square-foot medical office building for $900,000.

The price equated to $125 per square foot.

Galdamez owns and operates the Bradenton Beauty & Barber Academy Inc., which will move into the building. The cosmetology school currently leases space in a different building at 5505 Manatee Ave. W.

Stan Rutstein of Re/Max Alliance Group Inc. handled the transaction.

“It has been a chiropractor's office for years,” Rutstein says. “It's going be completely gutted and remodeled along with new landscaping.”

Guti Holdings LLC mortgaged the property to Community Bank of Manatee for $720,000.