American Realty Capital Healthcare Trust buys St. Andrews Medical Park

BUYER: ARHC SavenFL01 LLC (American Realty Capital), Charlotte, N.C.
SELLER: AW St. Andrews LLC
PROPERTY: 1350-1370 E. Venice Ave., Venice
PRICE: $13.31 million
PREVIOUS PRICE: $9.5 million, April 2012
LAW FIRM ON DEED: Jones Foster Johnston & Stubbs PA, Jupiter

PLANS, DESCRIPTION:
American Realty Capital Healthcare Trust purchased the 64,197-square-foot St. Andrews Medical Park for $13.31 million.

The price equated to $207 per square foot. That figure is higher than the two-year average price per square foot for office space ($118) in the Tampa Bay area, according to the CoStar Group.