Commercial Real Estate
North American Properties and PGIM Real Estate have shared their vision for elevating Mercato as a walkable, experiential oasis. The project is focused on reinventing the public realm through modern placemaking trends. Construction will begin mid-July and is slated for completion by November, just in time for the holidays. In August 2022, NAP entered a…
Seagate Development Group has initiated work for the construction repair of Boca Vista Harbor condominiums in Placida from Hurricane Ian damage. This Charlotte County project covers extensive repairs on five different five-story condo buildings encompassing 100 total condo units. Construction repair work recently began for the first phase, with an estimated project completion in early…
Steward Global Partners leased 3,267-square-feet of office space in ‘Kraft Center’ at 3555 Kraft Road #200 in Naples from Kraft Office Center North Parcel. Adam Palmer and Edward Larsen of LQ Commercial represented the landlord in the transaction. “We’re honored to have assisted Steward Partners Global Advisory in establishing their fourth Florida location as they expand into…
LSI Companies, brokered a 195± acre mixed-use property in Punta Gorda for $17,850,000. The property was acquired by a New York-based developer from KLAS, Etcetera, and DA Port Charlotte Holdings, & NTA Holdings, & TA Kings Highway & ATM II. The property is located at 175 Kings Highway, in Punta Gorda. The deal was brokered…
Ron Osborne, managing director/broker of Sperry – RJ Realty, represented the buyer, GCDC Fort Myers, in the purchase of a retail property located at 2952 Cleveland Ave. in Fort Myers. Terps Acquistions FM sold the property for $5.3 million. The acquisition closed May 22. The property is currently occupied by AYR Wellness, a cannabis dispensary. “The investor not…
As you may know, Southwest Florida Business Today has been publishing its “Commercial RE Market” for the past eight years. “Commercial RE Market” is a quarterly look at commercial real estate trends and topics in Southwest Florida. The July issue deadlines for editorial content 5 pm Wed. June 12 and ad space and proof deadline…
The Fort Myers Community Redevelopment Agency recently approved two Commercial Property Improvement Matching Grants for the Cleveland Avenue redevelopment area. The first grant was awarded to RTTHREEM, located at 2809-2811 Cleveland Ave. in the not-to- exceed amount of $75,260.45. The funds will be used to improve the parking lot, install new fencing, landscaping, new signage…
The Fort Myers Community Redevelopment Agency recently approved a Commercial Property Improvement Matching Grant for the MLK Redevelopment Area. The grant was approved in the not-to- exceed amount of $200,000 for New Next Level Holdings, Inc., located at 3637 Dr. Martin Luther King Jr. Blvd. The funds will be used to install new fencing, parking…
Healthcare Network hosted a groundbreaking on May 21 that signals the start of construction for its future Orangetree Community Health Center in the north-central region of Collier County. The $15-million, two story medical complex will ensure that more than 41,000 residents in the Orangetree area, including Golden Gate Estates, will have access to high-quality medical…
Countryside Golf & Country Club in Naples is nearing another milestone as it begins foundation work of its self-described “Countryside 2.0” project, a comprehensive renovation that expands dining, social and recreation amenities while modernizing the community’s clubhouse. “The dynamics of our community are evolving,” said Joe Smith, Countryside’s general manager and chief operating officer. “We…