Nation's largest law school buys Riverview building

BUYER: Thomas M. Cooley Law School (principals: Don Leduc, William Schoettle, Cherie Beck, Kathleen Conklin, Brent Danielson and Lawrence Nolan), Lansing, Mich.

SELLER: NW-Interchange LLC

PROPERTY: 9410 Camden Field Parkway, Riverview

PRICE: $4.9 million

PREVIOUS PRICE: $5.1 million, December 2010

TRUST FIRM ON DEED: SFT&T LLC dba South Florida Trust & Title, Bonita Springs

PLANS, DESCRIPTION: Lansing, Mich.'s Thomas M. Cooley Law School purchased a 131,278-square-foot warehouse/distribution facility in the Interchange Center business park for $4.9 million.

The price equated to $37 per square foot.

According to the Hillsborough County Property Appraiser's office, the single-story precast-concrete building was built in 2001 and features 25 units.

The nation's largest law school has announced it received approval to open a new campus on the property.

The law school plans to have the new campus offering evening classes in May, followed by morning classes in September 2012, and afternoon classes in January 2013.

The new Riverview location is roughly the same size as Cooley's existing Auburn, Hills, Mich., campus.

All Cooley students will be eligible to attend classes at the Tampa Bay campus.

The Tampa Bay area only houses one law school, and Florida represents Cooley's largest alumni location outside of Michigan.