Impact Team Sports buys two buildings

BUYER: Impact Team Sports LLC (principal: Bryan Smith), Naples

SELLER: First American Bank

PROPERTY: 1986 Seward Ave. and 5625 Kathleen Court, Naples

PRICE: $725,000

PREVIOUS PRICE: $480,100, January 2002

TITLE FIRM ON DEED: Seaview Title CO. LLC, Naples

PLANS, DESCRIPTION: Naples-based Impact Team Sports LLC purchased its 8,160-square-foot building and a nearby 3,250-square-foot building for $725,000.

The price equated to $64 per square foot.

The company, which provides screen printing, embroidery, sports equipment and vinyl lettering, has leased the larger building since July 2009.

“After two years, seeing that I still felt the potential for this business was viable, I felt I didn't want to continue paying rent,” says Bryan Smith, Impact Team Sports owner. “I didn't want to continue paying for improvements on someone else's building.”

Smith, whose company had already converted some of the space in the former flex building into retail, plans to make a few additional interior changes.

The smaller Kathleen Court flex building was purchased to allow the company to handle future growth. Smith plans to occupy a portion of the space immediately.