FMI Hansa Medical Products buys industrial building, land

BUYER: Production Avenue Properties LLC, Madison, Ala.

SELLER: Larus Properties LLC
PROPERTY: 3511 Plover Avenue, Naples
PRICE: $1.08 million
PREVIOUS PRICE: $431,500, October 2002

SELLER: Larry and Rusty Wolny
PROPERTY: 3493 Shearwater St., Naples
PRICE: $283,369
PREVIOUS PRICE: $278,100, March 2002

TITLE FIRM ON DEED: Florida Universal Title LLC, Naples

PLANS, DESCRIPTION: FMI Hansa Medical Products LLC purchased a 15,500-square-foot industrial building and an adjacent 1.06-acre lot in White Lake Corporate Park for $1.36 million. The price for just the building equated to $69 per square foot.

Originally constructed in 2001, the building features seven separate tenant spaces.

FMI Hansa Medical Products LLC was formed when Hansa Medical Products LLC in Naples merged with Huntsville, Ala.-based FMI Medical Products LLC. FMI Hansa Medical Products has since maintained an office in Naples at 11430 Tamiami Trail E.

Calls to FMI for comment were not returned prior to deadline.

William Gonnering of Investment Properties Corp. handled the transaction.

FMI Hansa Medical Products is a contract medical manufacturer. Its website describes it as having 70,000 square feet of manufacturing space.