Commercial Real Estate
The current buyer hesitation and dip in activity BONITA SPRINGS, Fla. While area brokers have been relatively pleased with the market’s performance year-to date, for the first time this year, April’s Bonita Springs and Estero real estate metrics indicate the activity quieted down showing month-over-month decreases in a number of the key stats. “New listings,…
GMA Architects & Planners has completed work for Bacino Vista Condominiums, a new multi-family building located at 5126 Coronado Parkway in Cape Coral. Located along the 80-foot-wide Atlantic Canal in South Cape Coral, the 49,000-square-foot, two-story-over-parking residential building overlooks boat slips with wooden decks available to each unit. The canal provides direct access to the…
Immokalee Fair Housing Alliance is nearing completion of the exterior construction of the first of eight, two-story buildings that, when finished, will allow qualified families in Immokalee to move from substandard housing into quality, affordable rental apartments. Since construction began in March, the first- and second-floor exterior and interior walls have been completed. Walls are…
FORT MYERS, Fla. – Cushman and Wakefield | Commercial Property Southwest Florida is pleased to announce the sale of 17025 Cam Ct. in Fort Myers, Fla. The 3.37 AC CPD zoned land is located at the signalized intersection of Cam Ct. and Alico Rd. and offers over 320 feet of frontage on Alico. Lane Boy,…
Naples and West Palm Beach, FL – Delray Beach-based Redfearn Capital, a private equity commercial real estate company that targets value add, distressed and opportunistic investment opportunities, acquired two Florida industrial assets for $18,860,000. The first property, located at 1485 Rail Head Blvd in Naples Florida, was acquired for $16,000,000. The 105,000-square-foot property is situated on 7 acres…
WASHINGTON – The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country’s persistent housing inventory crunch impacts middle-income buyers more than any other income bracket. NAR and Realtor.com®’s housing affordability and supply report examines the number of listings missing…
NAPLES, Florida — Seagate Development Group is commemorating North Naples’ newest luxury community, Palisades, with a gala ribbon-cutting ceremony. The ceremony will be held at the new custom-home community at 6633 Yarberry Lane on Wednesday, May 17, 2023, and will begin at 4pm. The public is invited. Seagate executives and representatives be available to discuss…
Fort Myers, FL – LSI Companies, Inc., brokered a 34.51± acre residential property in North Fort Myers, FL, for $1,950,000. The property was acquired by Black Spider Land Company, LLC, from John A. White, Jr., Trustee. The property is located at 7150 & 7200 Bayshore Drive, North Fort Myers, FL 33917. The deal was brokered by Christi…
FORT MYERS, Fla- Vehicle Fortress, for ten years, has been the local innovator in secure storage solutions and proudly announces the groundbreaking ceremony for 127,000 square foot Phase 2 of its safe, secure fortress storage facility. This project is extremely timely with the changes in insurance policies due to Hurricane Ian. This highly anticipated project…
Stevens Construction has completed the construction of a 12,123-square-foot building for East and Greenwell Insurance, located at 10061 University Plaza Drive within Gulf Coast Town Center in Fort Myers, announced Dan Adams, executive vice president/principal, Stevens Construction, Inc. Offering homeowners, flood, and an array of insurance coverages. East and Greenwell features a welcoming lobby, 14…