Lee & Associates Announces Southwest Florida Transactions

FT. MYERS, Fla.  – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions:

Sales
WestSide 2, LLC purchased a 35,387sf freestanding building on 4.39 acres in the Alico Trade Center at 8951 Alico Trace Center Rd., Lot 3, Ft. Myers from Seagate Alico North, LLC for $6,000,000. The transaction was a single tenant, Net leased, investment sale with RICE Insulation and traded just above a 5% CAP rate. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR, Jerry Messonnier, SIOR and Adam Bornhorst of Lee & Associates|Naples-Ft. Myers represented the seller and Douglas Coller of Coldwell Banker Commercial NRT represented the buyer in the transaction.

Leases
Dealer Tire, LLC leased a 29,061sf space in Suncoast Commerce Center IV at 9359 Laredo Ave., Ste. 150, Ft. Myers from EastGroup Properties, L.P. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR and Jerry Messonnier, SIOR of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

Beattie Development Corp. leased a 9,616sf space in the East Cape Commerce Center at 925 E. Industrial Cir., Units 3-4, Cape Coral from Accutek. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR, Jerry Messonnier, SIOR and Meaghan Schmitt of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

Super Restoration Service Co., LLC leased a 2,500sf flex space in the Jetport-Interstate Commerce Park at 14231 Jetport Loop, Unit 10, Ft. Myers from Accutek. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR, Jerry Messonnier, SIOR and Meaghan Schmitt of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

Florida Fitness Enterprises, Inc. leased a 2,208sf space in the Alico Commercial Park at 7851 Drew Cir., Unit 3, Ft. Myers from Swedberg Real Estate Investments III, LLC. Brock Rasmussen and James Walls of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

ABOUT LEE & ASSOCIATES
Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter, and Link, our company blog.