Surroundings consignment owners buy Imperial Shoppes center

BUYER: Surroundings Imperial LLC (principals: Peter and Kim Pytlik), Naples

SELLER: Berland Investment LLC

PROPERTY: 12980 Tamiami Trail N., Naples

PRICE: $2.7 million

PREVIOUS PRICE: $3.65 million, September 2004

LAW FIRM ON DEED: Conroy Conroy Durant & Rudnick PA, Naples

PLANS, DESCRIPTION:
Naples entrepreneurs Peter and Kim Pytlik purchased the 18,000-square-foot Imperial Shoppes retail center for $2.7 million.

The price equated to $150 per square foot. That figure is close to the two-year average price per square foot for retail space ($140) in the Southwest Florida market, according to the CoStar Group.

The Pytlik's SurroundingS Executive Consignment Store occupies the majority of the center.

“We bought it just for our business use,” says Peter Pytlik.

Chip Olson of Colonial Square Realty handled the sale.

The purchase entity mortgaged the property to the seller Berland Investment LLC for $2.6 million.