Shapiro Insurance Group buys Barton Insurance buildings

BUYER: Joel R. Shapiro Enterprises Inc. (principal: Joel Shapiro), Jacksonville
SELLER: Richard Barton, individually and as trustee of the Richard D. Barton Trust
PROPERTY: 447 and 455 Cape Coral Parkway E., Cape Coral
PRICE: $1.07 million
PREVIOUS PRICE: $848,000, January 2001

SELLER: Nancy Barton, individually and as trustee of the Nancy D. Barton Trust
PROPERTY: 1091 N.E. Pine Island Road Cape Coral
PRICE: $285,000
PREVIOUS PRICE: $985,000, March 2007
LAW FIRM ON DEED: Warchol Merchant & Rollings LLP, Cape Coral

PLANS, DESCRIPTION:
An affiliate of Jacksonville-based Shapiro Insurance Group purchased an 8,778-square-foot multitenant office building on Cape Coral Parkway for $1.07 million. It also acquired a 3,185-square-foot office building on Pine Island Road for $285,000.