Forager Real Estate Partners launches The Bonita Foundry

Forager Real Estate Partners, a private equity real estate developer specializing in commercial and industrial assets, announced the launch of The Bonita Foundry, a brand-new class ‘A’ flex commercial and recreational development, in Bonita Springs.

The Bonita Foundry will span across 10 acres located at 25411 Old 41 Road, Bonita Springs, and also comprise The Enclave at The Bonita Foundry, a purpose-built luxury warehouse condominium facility, with 40 customizable, storm-rated units available for purchase.

The project is being designed to address the region’s growing demand for versatile light industrial, commercial and flex retail accommodation, and will provide long-term space solutions to a wide array of businesses. Forager acquired the property for $7.85 million.

With a location between Naples and Fort Myers, the project aims to fill a market gap as Southwest Florida’s commercial vacancy rate remains historically low.

“The Bonita Foundry is our first ground-up commercial development in Florida, and we’re bringing a fresh approach to the region’s flex-commercial market,” said Conor McBroom, president and founder of Forager Real Estate Partners. “With thoughtful design, high-quality construction and a focus on end-user needs, we are creating a best-in-class small-bay product that businesses and entrepreneurs have been looking for.”

“We are excited to be a part of the growth and revitalization taking place throughout Bonita Springs,” said Christine McManus, CCIM, SIOR of Investment Properties Corporation of Naples (IPC). “The Bonita Foundry will offer a unique mix of retail, flex and private storage space that will provide synergies by bringing together a wide range of professional businesses within the community.” McManus, CCIM, SIOR and Rob Carroll, CCIM  will lead the sales and leasing efforts for the project.