Commercial Real Estate
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…
LSI Companies, Inc. Brokers One of the Largest Multi-tenant Industrial Facilities in Collier County.
Naples, FL – LSI Companies, Inc. brokered an 83,500± sq. ft. industrial property in Naples, FL, for $17,000,000. The property was acquired by VK 4110 Enterprise, LLC, from Naples Industrial Estates, L.L.C. The property is located at 4110-4120 Enterprise Ave., Naples, FL 34104. The deal was brokered by Justin Thibaut, CCIM and Alexis North, CCIM, of…
FORT MYERS, Fla. – The Fort Myers Community Redevelopment Agency (CRA) recently approved Commercial Property Improvement Matching Grants for the Cleveland Avenue redevelopment area. The first grant was awarded to Garvin Properties LLC property located at 4280 Cleveland Ave. in the not-to-exceed amount of $17,032.50. The funds will be used to install security fencing and…
FORT MYERS, Fla. –The Fort Myers Community Redevelopment Agency (CRA) has awarded a tax increment rebate to JAXI CMD LLC for The Royal Palm Hotel & Residences located at 2424 Edwards Drive in the not to exceed amount of $30,170,000. The rebate will be funded in three phases including $4,030,000 for Phase 1, $15,980,000 for…
Naples, FL – – In today’s discussion, we delve into crucial real estate metrics that offer key insights for both buyers and sellers navigating the Naples, FL market. Analyzing this data will provide a comprehensive understanding of the current market dynamics, aiding informed decision-making. Months’ Supply of Inventory: The current figure stands at 4.98, indicating a market…
Christopher Alan Homes, Southwest Florida’s largest privately held homebuilder, continues to chart new territory, posting strong single-family home sales and entering new markets in 2023. The company introduced the second phase of The Hammocks in West Port, launched sales in Creekside Run at Babcock Ranch and expanded to Florida’s East Central Space Coast, where nearly…