Commercial Real Estate
Fort Myers, FL – LSI Companies, Inc., brokered a 40.5± acre residential property in Lehigh Acres, FL, for $4,000,000. The property was acquired by CAH – Homestead 40, LLC, from Homestead 40, LLC. The property is located at 250 Homestead Road S., Lehigh Acres, FL 33936. The deal was brokered by Justin Thibaut, CCIM, and Randy Thibaut,…
Fort Myers, FL, – EHC, a construction company specializing in pre-construction, earthwork, and infrastructure development, is pleased to announce that construction is underway on five new projects in Collier and DeSoto Counties, including development of a one-story four-bedroom Intake Building at Youth Haven, roadway widening on State Road No. 93 (I-75), a multi-family complex in…
PORT CHARLOTTE, Fla. – Stevens Construction, together with Select Properties of Florida, has started construction of Elegance Plaza, a 15,331-square-foot retail building in Port Charlotte, announced Daniel Adams, Stevens Construction executive vice president. Slated for completion in January 2024, Elegance Plaza is designed to house up to nine tenants at 1,703 square feet per unit,…
FORT MYERS, Fla. – Mayhugh Commercial Advisors recently secured the leasing for a new 30,000-square-foot retail project in the heart of Cape Coral’s commercial corridor. The Shops at Del Mar will consist of four single-story buildings with over 370 feet of frontage on the heavily traveled Pine Island Road corridor. The shopping center also offers…
Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released The Impacts of Impact Fees on the Cost of Housing. Impact fees are (typically) one-time payments imposed by local governments on property developers to generate funds necessary to accommodate the impacts of new development on existing public facilities and services. FTW undertakes this independent research to better understand the effect of these fees…
Naples — 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 and…
FORT MYERS, Fla. – The Fort Myers Community Redevelopment Agency (CRA) announces that it has awarded a tax increment rebate to Jackson Street FTM Hotel LLC in the not-to-exceed amount of $2.460 million. Jackson Street FTM Hotel LLC is developing Homes2 Suites hotel located at 1629 Jackson Street in downtown Fort Myers, expected to have…
As you may know, SWFBT has been publishing its monthly “Commercial RE Update” for the past eight years. It is a snapshot of commercial real estate trends and topics in Southwest Florida. The ad deadline is coming up quickly–5 pm F 8/11 is the final proof and space reservation deadline. We can take system-ready material up till noon M 8/14. …
Fort Myers (- SVN Commercial Partners and Advisor Patty McClimans recently closed on a property lease for TJR Procurement LLC. The 1,653-square-foot space is located at 4110 Center Point Drive in Fort Myers. McClimans represented the tenant and Jackson Maymon, of CAM Realty of Southwest Florida, the landlord. TJR Procurement supports prime contractors, sub-prime contractors and contract…
NAPLES, FLORIDA, APRIL 21, 2023: PBS Contractors and Sunshine Ace Hardware are pleased to announce the grand opening of the newest 20,455-square-foot retail space at Founders Square. The new store will feature full-service paint, grilling, and fishing departments and a wide selection of power and hand tools, hardware, lawn and garden supplies, plumbing fixtures, outdoor…