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PUNTA GORDA, FLA. — North Carolina-based Oaks Development Group has purchased Cypress Professional Center, a 29,927-square-foot, Class A medical office building in Punta Gorda, from Corazon Development, for $7.8 million. The property is located at 25097 Olympia Ave. near the Charlotte Regional Medical Center. Mark Alexander of Sperry Van Ness’ Fort Myers, Fla., office represented the seller, and the buyer was represented by Bob King of Tampa, Fla.-based RJ King & Associates. Birmingham, Ala.-based Red Mountain Bank provided financing for the acquisition.