Merlin Entertainments buys former Lake Wales Harley dealership

BUYER: Merlin Entertainments Group Florida LLC, Winter Haven
SELLER: E Capital Loan SPV IV LLC
PROPERTY: 1501 Longleaf Blvd., Lake Wales
PRICE: $1.42 million
PREVIOUS PRICE: $2.25 million, August 2014
LAW FIRM ON DEED: Rice Pugatch Robinson PA, Fort Lauderdale

PLANS, DESCRIPTION: Merlin Entertainments Group, the European entertainment company behind Legoland Florida, purchased the real estate of a former Harley-Davidson dealership in Lake Wales for $1.4 million.

The price equated to $46 per square foot.

The 6.94-acre site on North U.S. Highway 27, south of State Road 60, contains a 30,458-square-foot building. It was built in 2006.

Merlin Entertainments acquired it to serve as the creative home for its local team of Lego Model Builders and Lego Model Designers. The firm plans to have more than 40 builders to form Lego creations for its Legoland Resorts and Legoland Discovery Centers.