Ireland has purchased the two-year-old, 22,000-sf, 100% leased regional headquarters building of the St. Johns River Water Management District for $3.71 million or $144 per sf, one of the highest per-sf prices ever paid for a small office structure in Central Florida, according to GlobeSt.com research.

The two-acre property adjoins the 14-acre, 102,239-sf, 100%-leased Sprint PCS Regional Communications Center that Ireland bought last year from Maitland Springs Inc. and Mike Fess of Orlando-based Equity Partners Inc. for $18.55 million or $180.77 per sf, the highest per-sf price paid for an office product in metro Orlando, according to GlobeSt.com research.

The water management agency's building is at 975 Keller Road in Maitland, FL. The Sprint building is at 965 Keller Road. Fess and Maitland, FL-based University Science Center Inc., headed by Cabot L. Jaffee, sold the water management building to Ireland.