Commercial Real Estate
BONITA SPRINGS, Fla. – Bonita Springs and Estero brokers and realtors agree that every year has its challenges and that the main challenge looking at 2023 as a whole was the sense of hesitation in the market. There are many factors to consider in the market for the year of 2023. One being the 2-decade…
Kolter Urban, the Palm Beach, Florida-based real estate development and investment firm, is poised to extend its legacy of success to Southwest Florida with the development of The Island at West Bay Club. Situated on Florida’s Paradise Coast within the prestigious West Bay Club community, the 24-story tower will offer 86 residences with spectacular views of…
Stevens Construction completed construction of a 48,000 square-foot luxury home furnishings retailer, Clive Daniel Home, announced Joe Cimilluca, special projects division manager. Stevens Construction transformed a vacant grocery and liquor store into a new showroom for Clive Daniel Home, providing a convenient destination for island clientele. Located on Gladiolus Drive, the project included complete interior…
PBS Contractors begins construction for Spectrum Concierge and Accent Cleaning Services located on Shirley Street in Naples. The groundbreaking to mark the commencement of the renovation took place on Nov. 16. The project is scheduled to be completed in the fall. The scope of this 6,585-square-foot project will include a break room for employees, a…
Housing Authority, City of Fort Myers receives $9.4 million from Florida Housing Finance Corporation
The Housing Authority of the City of Fort Myers recently received $9.4 million in SAIL (State Apartment Initiatives Loan) funding from the Florida Housing Finance Corporation. The SAIL Program provides low-interest loans on a competitive basis to bridge the gap between the affordable housing development’s primary financing and the total cost of the development. The…
Ave Maria Development announces over 600 new home sales year-to-date, surpassing all of 2022 annual new home sales. The community’s residential builders include CC Homes, Del Webb, Lennar and Pulte Homes. “Ave Maria’s residential and commercial growth has been incredible,” said Cee Cee Marinelli, director of development. “As home sales remain strong, the town is…
Fort Myers, FL – LSI Companies, Inc. brokered a 2.83± acre commercial property in Port Charlotte, FL, for $1,350,000. The property was acquired by Ralph and Joanne Hoehne from DAH Enterprises, Inc. The property is located at 4549 Tamiami Trail, Port Charlotte, FL 33980. The deal was brokered by Christi Pritchett, CCIM, of LSI Companies, Inc. About…
GMA Architects & Planners has completed architectural designs of three buildings for Shops at Del Sol, a neighborhood plaza that will bring new shops and restaurants to the heart of Cape Coral’s bustling commercial hub. Located on Pine Island Road between Andalusia Boulevard and Del Prado Boulevard, Shops at Del Sol will feature over 70,000…
BOSTON – Boston-based real estate investment firm Longpoint announced today that it has acquired a 25-building industrial portfolio in South Florida for $262 million. The 1.4 million-square-foot portfolio comprises 12 locations across the Miami and Fort Lauderdale MSAs. These acquisitions further expand Longpoint’s presence throughout many of the most attractive infill submarkets in Florida. “We…
BOCA RATON, Florida – Meyers Accesso, a leading developer of high-quality mixed-use and residential properties, announced today the acquisition of The Atrium at Broken Sound, a nearly 100,000-square-foot, Class-A office property located at 6111 Broken Sound Parkway NW, within The Park at Broken Sound mixed-use development in Boca Raton, Florida. The Park at Broken Sound…