Commercial Real Estate

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…

SWFBT CONSTRUCTION & DEVELOPMENT SPECIAL FOCUS OF AUGUST CRE SECTION

07/29/2022

Want to reach a targeted audience you will not reach anywhere else that may not be your client base today but will become your main source of clients in the future, including top revenue company executives in Lee and Collier counties? Currently, Southwest Florida Business Today® (SWFBT) features the SWFL Commercial Real Estate industry in…

Babcock Ranch rockets to No. 10 spot of 50 fastest-selling communities in the U.S.

07/22/2022

Babcock Ranch is the 10th fastest-selling master-planned community in the United States, based on mid-year rankings by prominent real estate consulting firm RCLCO. Babcock Ranch jumped 4 spots since the end of 2021, when it claimed No. 14 on RCLCO’s annual list of the 50 fastest-selling master-planned communities in the country. The July 18 announcement…

Pro-Tec Plumbing & Air opens Ave Maria location

07/21/2022

Ave Maria – Pro-Tec Plumbing & Air has opened a new location in Ave Maria to enhance service and response times for residents of Ave Maria, Immokalee and inland areas. The office, located at 5072 Annunciation Circle, Suite 211, is in the heart of Ave Maria’s business district and centrally located within the fast-growing community.…

EHC Announces 3 New Projects and 3 Completed Projects

07/14/2022

Fort Myers, FL – EHC, a construction company specializing in pre-construction, earthwork, and infrastructure development, is pleased to announce three new projects: River Road, Villas at Gulf Coast and T1825 SR25 & SR70. In addition, EHC has completed three projects including Burnt Store Road, Florida Panther Refuge, and Heritage Bay. River Road The DeMoya Group…

Stevens Construction completes Fountain Life

07/12/2022

Stevens Construction has completed an interior renovation of Fountain Life, located at 1000 Immokalee Blvd., Suite 90, announced Daniel F. Adams Jr., executive vice president, Stevens Construction, Inc. Stevens Construction transformed a 9,234-square-foot vacant retail space into Fountain Life, whose mission is to change health care from reactive to proactive. The new Fountain life Center…

Andrew Arreola and Taylor Canada of Gulf Coast International Properties Achieve Remarkable Sales Record

07/12/2022

NAPLES, FLORIDA – Gulf Coast International Properties® is proud to announce Andrew Arreola, LLC, and Taylor Canada, P.A., as Naples #1 team for combined closed sale volume in Port Royal, Aqualane Shores, and Old Naples, as of June 20, 2022*. According to Multiple Listing Service (MLS) data, the team have a combined total of $88,440,000…

Share Your Quarterly CRE Updates

06/20/2022

As you may know, Southwest Florida Business Today has been publishing its quarterly “Commercial RE Market” for the past six years. “Commercial RE Market” is intended to be a quarterly look at commercial real estate trends and topics in Southwest Florida. The July issue deadlines for editorial content 5pm Wed. June 15 and ad space and proof 5pm Fri. June 17. System ready material is due by noon Mon. June 20.    …