Arthrex buys Polaris Center, Royal Palm bank building

BUYER: RES Florida 1265 Holdings LLC (officers: Reinhold Schmieding, Daniel Hall, Zeida Orbea and Erika Schmieding), Naples
SELLER: Creekwood of Naples LLC
PROPERTY: 1265 Creekside Parkway, Naples
PRICE: $19.2 million
PREVIOUS PRICE: $633,300, December 2006

BUYER: RES Florida 1255 Holdings LLC (officers: Reinhold Schmieding, Daniel Hall, Zeida Orbea and Erika Schmieding), Naples
SELLER: Creekside West Inc.
PROPERTY: 1255 Creekside Parkway, Naples
PRICE: $1.9 million

BUYER: RES Florida 1265 Holdings LLC (officers: Reinhold Schmieding, Daniel Hall, Zeida Orbea and Erika Schmieding), Naples
SELLER: Creekside West Inc.
PROPERTY: 1275 Creekside Parkway, Naples
PRICE: $850,000
LAW FIRM ON DEED: Coleman Yovanovich & Koester PA, Naples

PLANS, DESCRIPTION:
Naples-based medical device manufacturer Arthrex Inc. purchased the 54,267-square-foot Polaris Center and a 8,853-square-foot vacant former Royal Palm Bank building for $21.95 million.