CHARTER SCHOOLS USA BUYS BUILDING FOR $3.6 MILLION

TEMPLE TERRACE, FLA. — Fort Lauderdale, Fla.-based Red Apple Development has purchased a 58,000-square-foot, 7.69-acre building located at 10402 North 56th St. in Temple Terrace for $3.6 million. Red Apple Development is the school development arm of Charter Schools USA. The building, owned by Franklin Development Company, is a former Verizon Call Center, which will undergo extensive renovation and open in August as a school for Kindergarten through 12th grade students. K. Dan Shalloway of the Sperry Van Ness West Palm office, assisted by Bill Gross and Bill Alton of Sperry Van Ness' Tampa office represented the buyer. Rick Bruegge of Cushman & Wakefield's Tampa office represented the seller.