Two national real estate firms buy Fort Myers Wells Fargo building

BUYER: NFR ECP I - 3339 South Fort Myers LLC (National Financial Realty Inc.), Torrance, Calif.
SELLER: First States Investors 3300 B LP
PROPERTY: 12751 S. Cleveland Ave., Fort Myers
PRICE: $909,933
PREVIOUS PRICE: $1.8 million, September 2004
LAW FIRM ON DEED: Greenberg Traurig LLP, New York City

PLANS, DESCRIPTION: An affiliate of Oaktree Capital Management L.P. and Torrance, Calif.-based National Financial Realty Inc. purchased a 25,370-square-foot office building for $909,933.

The price equated to $36 per square foot. That figure is lower than the two-year average price per square foot for office space ($120) in Southwest Florida, according to the CoStar Group.