Commercial Real Estate

Florida Home Builders Association honors outstanding accomplishments of Collier building industry leaders

08/27/2022

Naples, Fla. — Three leading members of the Collier Building Industry Association (CBIA)— Matt Sellick, Ryan Benson and Robyn Bonaquist —were honored by the Florida Home Builders Association (FHBA) during its premier trade event, Summer Conference/Southeast Building Conference 2022 (SEBC), held recently in Kissimmee.  Matt Sellick, President of Stock Development and current Collier Building Industry…

Stevens Construction completes City of Fort Myers Fire Station 17

08/19/2022

Stevens Construction has completed construction of Fire Station 17 for the City of Fort Myers, announced Dan Adams, vice president/principal, Stevens Construction, Inc. Situated on 2.76 acres, Fire Station 17 is a 12,597-square-foot building with a 2,585-square-foot storage facility. The new station houses accommodations for on-duty firefighters, a physical fitness facility, community room and administration.…

BSSW Architects, in collaboration with Johnson Engineering, completes preliminary designs for FSW’s baseball and softball complex

08/18/2022

Fort Myers, FL – BSSW Architects has completed preliminary designs for Florida SouthWestern State College’s new baseball and softball complex on the northwest corner of FSW’s campus in Fort Myers. The first phase includes construction of adjacent turf baseball and softball fields, portable seating and batting cages, which allow the Buccaneers to play home games…

Dominium Announces the Acquisition of Aria Landings in Fort Myers

08/18/2022

FORT MYERS, FLORIDA  — Dominium, a leading affordable housing owner, developer and manager announced today that it has acquired Aria Landings, formerly known as The Brittany, a 320-unit multifamily housing community located in Fort Myers, Florida. Dominium is planning to resyndicate Aria Landings in the Spring of 2023, renewing the property’s affordable housing status and…

Cushman & Wakefield | Commercial Property Southwest Florida brokers $8.9 million sale of Naples land

08/17/2022

NAPLES, Fla.  – Gary Tasman, CEO and Principal Broker, as well as Shawn Stoneburner, Senior Director of Cushman and Wakefield | Commercial Property Southwest Florida, LLC handled the sale of 8552 Collier Blvd in Naples, Florida. Latigo Naples, LLC purchased the property from Amerisite, LLC for $8,995,000. The land consists of three conjoined parcels totaling…

The Lykos Group to add new Marco Island office

08/16/2022

The Lykos Group has announced plans to open a new office on North Collier Boulevard in Marco Town Center. The office, which will be open to the public, is scheduled to open early this fall. With direct access from North Collier Blvd. and Bald Eagle Dr., the office will include approximately 1,000 square feet in three…

Ave Maria named the 16th Fastest-Selling Master-Planned Community in the US

08/15/2022

NAPLES, FL. – Ave Maria, Florida has been named the 16th fastest-selling master planned community in the United States year-to-date according to national real estate consulting agency, RCLCO Real Estate Advisors. RCLCO’s mid-year report researches and ranks hundreds of master planned communities across the nation. Ave Maria reported 363 new home sales through the end…

Marcus & Millichap Negotiates Record-Breaking Deal for Aspen Dental and MD Now Urgent Care Portfolio for $5.1M

08/14/2022

CAPE CORAL, Fla. – Marcus & Millichap (NYSE: MMI) announced today the sale of Aspen Dental and MD Now Urgent Care (“MD Now”), a two-tenant net-leased property located in Cape Coral, Florida. The 6,950-square-foot property sold for $5.1 million or $734 price per square feet at a cap rate of 4.87%, “Through our extensive marketing…

Positive Factors Affecting the Bonita Springs- Estero Real Estate Market

08/13/2022

BONITA SPRINGS, Fla. – As long-time local brokers reflect on the post-pandemic real estate market, they are positively encouraged by the gradual market increase from 2019 to 2022. The current market continues to be strong with the July pending sales having increased slightly from June but down 19% from a year ago.  However, area brokers…

PGIM Real Estate Recruits North American Properties to Manage Mercato in Naples, Florida

08/12/2022

Naples, Fla.  – North American Properties (NAP) and PGIM Real Estate have extended their relationship to include Mercato, a 450,000-square-foot lifestyle center in Naples, Florida. This represents the fourth time the firms have worked together, including Avalon in Alpharetta, Georgia, Avenue East Cobb in East Cobb, Georgia, and Riverton in Sayreville, New Jersey. NAP’s Atlanta office (NAPA) will take over responsibility for leasing…