Meridian Development, Blue Vista buy, redeveloping Premier Corporate Center

BUYER: Meridian North LLC (BV/Meridian North LLC), Chicago
SELLER: AGI Acquisition II LLC
PROPERTY: 3816, 3901, 3902 and 3950 Premier North Drive, Tampa
PRICE: $8.2 million
PREVIOUS PRICE: $8.51 million, October 2012
LAW FIRM ON DEED: Shumaker Loop & Kendrick LLP, Tampa

PLANS, DESCRIPTION:
A joint venture of Tampa-based Meridian Development Group and Chicago's Blue Vista Capital Management purchased the 145,957-square-foot Premier Corporate Center for $8.2 million.

The price equated to $56 per square foot. That figure is lower than the two-year average price per square foot for office space ($118) in the Tampa Bay area, according to the CoStar Group.