Real Estate

Seagate Development Group is set to break ground on a 45,000-square-foot facility for White Cap Construction Supply.  The building will be located on Oriole Road in Fort Myers, adjacent to the upcoming Alico Trade Center.  The national building materials supplier has signed a long-term lease with Seagate Development Group. Its 9.71-acre, one-story property will include office space, an…

The Lee Board of County Commissioners awarded additional 2019/2020 State Housing Initiatives Partnership grant agreements totaling $294,884 to local partners for affordable housing.  The grants awarded are:  Habitat for Humanity of Lee and Hendry Counties – $100,000 for construction of two single-family houses for two very low-income households with priority for households with special needs. …

Stock Custom Homes, the award-winning custom home building division of Stock Development, has continued its overwhelming sales success into 2021. The company had a record-breaking first quarter as it generated $62 million in sales throughout the state of Florida, including in Naples, Wellington and Sarasota. This success is a testament to the company’s quality of…

NH Florida 1 purchased a 4,000-square-foot retail space and adjacent 10,500-square-foot vacant land located at 11652 and 11680 Bonita Beach Rd SE for redevelopment. Daniel Jan Miller of Century 21 Sunbelt Realty – Commercial represented the buyer. David Campbell of Amerivest Realty represented the seller.   

Lake Placid, Fla. – MIDFLORIDA Credit Union is pleased to announce that its newest branch is now open. Located in Lake Placid at 611 E. Interlake Boulevard, the branch opened on May 3, and is one of more than 60 branches throughout the state. MIDFLORIDA welcomes anyone to join who lives, works, worships, or attends…

SARASOTA, Fla. (May 4, 2021) – Clive Daniel Home, Southwest Florida’s premier destination for luxury home furnishings and custom residential and commercial interior design services, broke ground today on its Sarasota showroom. Located within Fruitville Commons, the mixed-use development at I-75 and Fruitville Road, the 65,000 square-foot showroom (3055 Fruitville Commons Boulevard, Sarasota, Fla.) will…

FORT MYERS, FL  – One Source Business Capital (OSBC) recently closed a $4.1 million SBA 7A loan for a client to purchase a medical practice in Austin, Texas. In order to purchase the medical practice, the client needed a 100% goodwill loan and was told by multiple banking and lending institutions that 100% financing for goodwill would…