Commercial Real Estate

London Bay Development Group and Suffolk celebrate Grandview topping out

04/19/2022

London Bay Development Group and national construction company Suffolk recently celebrated a major construction milestone for Grandview with a topping out ceremony on April 7. Having reached the 11th floor, the ceremony also provided the first opportunity to experience the magnificent views from the residences, scheduled for completion in spring 2023. “We are absolutely thrilled…

LSI Companies, Inc. Brokers 44 Finished Homesites in Labelle, FL

04/19/2022

Fort Myers, FL – LSI Companies, Inc. brokered 44 finished homesites in Labelle, FL for $2,024,000. The property was acquired by D.R. Horton, Inc., a Delaware Corporation, from Labelle Landings, LLC. The property is located at Bell Arbor West, Labelle, FL. The deal was brokered by Justin Thibaut, CCIM, Hunter Ward, CCIM, and William Rollins,…

Florida CCIM Chapter Southwest District Presents 21st Annual Commercial Real Estate Outlook Conference

04/18/2022

Fort Myers, FL – ­­ The Florida CCIM Chapter Southwest District presents their 21st Annual Commercial Real Estate Outlook Conference headed by three keynote speakers. Airport Panelists: Benjamin R. Seigel, CPA, C.M., Executive Director of Lee County Port Authority Lillie B. Rodriguez, Airport Manager of Airglades International Airport Gary E. Duncan, C.M., Chief Operating Officer,…

Lee & Associates Announces Southwest Florida Transactions

04/14/2022

FT. MYERS, Fla. – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sale: Bonita Beach Road Ventures, LLC purchased 1.5 acres at 4750 Bonita Beach Rd., Bonita Springs from Quinn Ruelle for $2,100,000. Thomas Webb, CCIM, MSRE of Lee & Associates|Naples-Ft. Myers…

Sage at Oak Creek, a 55+ apartment rental community, now under construction in North Fort Myers

04/13/2022

Site work has been completed and construction is underway on Sage at Oak Creek, a new residential community in North Fort Myers offering 55+ apartment rentals. Developed by Sage Communities, Sage at Oak Creek will feature 184 one-story rental homes, each with full access to resort-style amenities tailored to an active lifestyle. One- and two-bedroom,…

CRA approves commercial property improvement matching grant for Veronica Shoemaker Plaza

04/12/2022

FORT MYERS, Fla. — The Fort Myers Community Redevelopment Agency (CRA) recently approved a commercial property improvement matching grant for Veronica Shoemaker Plaza in the not-to-exceed amount of $12,651.00. The CRA Commercial Property Improvement Matching Grant Program is a matching grant for commercial property owners and businesses within Fort Myers redevelopment areas. The maximum potential…

Del Webb is gearing up for the opening of new active adult community in Fort Myers

04/12/2022

Del Webb, the nation’s pioneer of active adult communities, is getting ready to introduce its vibrant, resort-inspired lifestyle to North Fort Myers. Del Webb Oak Creek located one mile west of I-75, close to Southwest Florida’s beaches and attractions, opens for sales in summer 2022 and will offer 900+ new-construction single-family homes surrounded by a…

Owen-Ames-Kimball Florida hires Brandon Henderson as project superintendent

04/11/2022

Owen-Ames-Kimball Company (O-A-K), a preeminent general contractor with a longstanding presence in Southwest Florida, has announced the hiring of Brandon Henderson as a project superintendent. Henderson has served as a project superintendent for more than twenty years in the site/civil construction industry. He began his career in the Local 324, Operating Engineers of Detroit, MI,…

Seagate to complete Rice Insulation & Glass in second quarter

04/10/2022

Seagate Development Group is on track to complete Rice Insulation & Glass’ approximately 32,000-square-foot warehouse and 3,000-plus-square-foot office space by the second quarter of this year. This will be the first design-build facility at 40-acre Alico Trade Center,  a Seagate-owned, Class-A business park at Three Oaks Parkway and Oriole Road, just north of Alico Road…

Fifth Avenue South Welcomes Carl’s Wine Vault to Naples’ Historic Main Street

04/09/2022

The Fifth Avenue South Business Improvement District (BID) announced that Carl’s Wine Vault, Southwest Florida’s premier wine vault and storage facility, has opened an executive suite on Fifth Avenue, adding to the roster of high-end service providers who are locating operations along Naples’ historic main street. Located at 780 Fifth Ave. S., the new Carl’s…