Center for Sight CEO buys former Prudential Palms building

BUYER: North Tami LLC (principal: David Shoemaker), Sarasota
SELLER: 130 North Tamiami Trail LLC
PROPERTY: 130 N. Tamiami Trail, Sarasota
PRICE: $2 million
PREVIOUS PRICE: $2.15 million, February 2003
LAW FIRM ON DEED: Blalock Walters PA, Sarasota

PLANS, DESCRIPTION: A company led by David Shoemaker, founder and CEO of Center for Sight, purchased the 10,215-square-foot former Prudential Palms Realty office building on U.S. 41 for $2 million.

The price equated to $196 per square foot. That figure is higher than the two-year average price per square foot for office space ($115) in the Tampa Bay area, according to the CoStar Group.

Located across from the vacant Sarasota Quay property, the 28-year-old building features multiple offices, conference rooms, a reception area, kitchenette and restrooms. Occupying a half-acre site, the building houses parking on the bottom level below three floors of office space.

Shoemaker, speaking through a representative of the medical practice, declined to comment on his plans for the property at this time.

Ian Black and Steve Horn of Ian Black Real Estate and James Buchanan of James Buchanan Realty handled the transaction.

Center for Sight provides a number of eye health services, including laser cataract surgery and cosmetic facial procedures, dermatology, hearing services and skin care treatments. The practice has eight locations.