Commercial Real Estate
Boca Raton, Fla., (GLOBE NEWSWIRE) — Housing prices are starting to stabilize across the country, though homebuyers waiting for a break in the market may not find it anytime soon, according to researchers at Florida Atlantic University and Florida International University. Price increases have lessened month-to-month in areas like Seattle, where prices only increased about .2…
Bonita Springs, FL – Ashkenaz USA, LLC has purchased Beachway Professional Center, a Class A office building located at 3301 Bonita Beach Road SW in Bonita Springs, FL. The transaction, valued at $14,360,000, represents a significant milestone in the local real estate market. This 61,702-square foot building is strategically positioned on Bonita Beach Road SW, just…
Fort Myers, FL – LSI Companies, Inc. brokered a 4.0± acre commercial property in Punta Gorda, FL, for $522,000. The property was purchased by Sanjay Patel & Daxaben Patel from FVP Rampart, LLC. The property is located at 25445 Rampart Blvd., Punta Gorda, FL 33983. The deal was brokered by Justin Thibaut, CCIM, and Hunter Ward, CCIM,…
Fort Myers, FL – LSI Companies, Inc. brokered a 6.55± acre commercial property in Punta Gorda, FL, for $955,000. The property was purchased by Rampart USA LP from FVP Rampart, LLC. The property is located at 25445 Rampart Blvd, Punta Gorda, FL 33983. The deal was brokered by Justin Thibaut, CCIM, and Hunter Ward, CCIM, of LSI…
Naples, Fla. – A slight reduction in overall median closed price along with fewer new listings during May indicates a window of opportunity for both buyers and sellers this summer. According to the May 2023 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding…
Local Realtors and Brokers suggest that now may be a good time to buy a home. There were 803 active listings in May 2023, which was a 59.3% increase from May 2022. This represents a 106.3% increase of months of supply over May 2022. The result was a 3.3-month supply of active inventory, up from…
Fort Myers, FL – LSI Companies, Inc. brokered a 1,438± sq. ft. lease of a professional office in Fort Myers, FL. The property was leased by Keep Lee Co. Beautiful, from Ford Street Properties, LLC. The property is located at 4300 Ford Street, Unit 108-109, Fort Myers, FL 33916. The landlord was represented by Alexis…
Fort Myers, FL – LSI Companies, Inc., brokered a 0.33± acre commercial property in Labelle, FL, for $145,000. The property was acquired by Derek’s Detailing & Pressure Cleaning, LLC, from Land Trust Partners of Florida, LLC. The property is located at 240 & 250 Selma Daniels Ave., LaBelle, FL 33935. The deal was brokered by…
Fort Myers, FL – LSI Companies, Inc., brokered a 9.35± acre commercial property in Fort Myers, FL, for $1,800,000. The property was acquired by Lucky Eight, LLC, from 13701 Fiddlesticks, LLC. The property is located at 13701 Fiddlesticks Blvd., Fort Myers, FL 33912. The deal was brokered by Justin Thibaut, CCIM, of LSI Companies, Inc.…
Fort Myers, FL – LSI Companies, Inc., brokered a 339± acre residential property in Punta Gorda, FL, for $4,250,000. The property was acquired by Zemel Land Partners, LLC, from Mark L. Lindner, Trustee of an unrecorded Land Trust U/A February 1, 2004. The property is located at 26901 Zemel Road, Punta Gorda, FL 33955. The deal was…