Discovery Senior Living prepping for Tampa Discovery Village

BUYER: Discovery Village at Tampa Palms LLC (principals: Thomas Harrison, Richard Hutchinson, Thomas Henning and Todd Carlson), Bonita Springs
SELLER: Great American Corp.
PROPERTY: a portion of Brookside Trace Court and Commerce Park Boulevard, Tampa
PRICE: $1.5 million
PREVIOUS PRICE: $5.67 million, February 2006
TITLE FIRM ON DEED: Bayshore Title Insurance Agency, Tampa

PLANS, DESCRIPTION: An affiliate of Discovery Senior Living purchased 5.47 acres of vacant land in Tampa Technology Park West Flex for $1.5 million.

The price equated to $274,223 per acre. That figure is lower than the two-year average price per acre for industrial land ($336,202) in the Tampa Bay area, according to the CoStar Group.