Commercial Real Estate
On paper, 2021’s real estate headlines looked eerily similar to Southwest Florida’s boom of the mid-2000s. Record numbers of homes sold. Properties sold at record prices. Inventory was quickly shrinking. Unlike the real estate boom and bust 15 years ago, though, our residential real estate market is currently in a state of correcting itself –…
TAMPA, Fla. – Stevens Construction today announces construction has begun on PopStroke Tampa/Wesley Chapel. PopStroke is an experiential golf and casual dining concept merging a dynamic, technologically advanced competitive golf environment with food and beverage. Stevens Construction will build a 10,000-square-foot building, which includes an open-air restaurant with multiple open decks and covered dining areas…
FORT MYERS, Fla. — Seagate Development Group’s 14550 Global Parkway, LLC has sold Conditioned Air’s operations center for $8.1 million. SW Management & Realty, LLC – a Seagate affiliate – represented the seller in this transaction, while Derek Bornhorst with Lee & Associates represented the buyer. This sale comes one year after Seagate completed the…
Naples, Fla. —The Collier Building Industry Foundation (CBIF) announces its 2022 scholarship application is now available. Applicants may also contact the Collier Building Industry Association (CBIA) office at (239) 436-6100 to receive an application via email or postal service. Completed applications are due to the CBIA by 5:00 p.m. on April 15 via U.S. Mail at 3200…
Award- winning master-planned community, Ave Maria, reports over 600 new home sales year-to-date, marking a new-record high. With a 31% increase in home sales over the same period in 2020, Ave Maria is on track for another record year. Home sales were reported from the four residential builders in Ave Maria— CC Homes, Del Webb…
The Camalier family, Naples residents since 1964 and owners of significant properties in the Third Street Shopping District and elsewhere in the City of Naples for decades, have announced a partnership with Ocean Properties Hotels & Resorts and Affiliates to construct, develop and operate the Old Naples Hotel. The planned 109-room luxury hotel is designed…
The Real Estate Investment Society (REIS) announces the election of officers and the Board of Governors to lead the organization during 2022: President Kent Poli, of Busey Bank; Vice President Lori Moore, of Roetzel & Andress; Treasurer Justin Thibaut, CCIM, of LSI Companies; and Secretary Josh Philpott, AICP, of Stantec. The Board of Governors includes:…
FORT MYERS, Fla. – GMA Architects & Planners has completed design work for the new Lee Health Child Development Center at Gulf Coast Medical Center, a state-of-the-art campus that can accommodate up to 268 children. The 17,735-square-foot early learning center is Lee Health’s fourth across its network and will host infants, toddlers, pre-school and pre-kindergarten…
Pulte Homes was recently honored as the winner in a number of categories at the 2021 Lee BIA Industry Awards annual gala. The nonprofit trade organization recognizes excellence in the residential homebuilding and commercial construction industries in the areas of construction, design, marketing, and sales. Pulte’s Edgewater at Babcock Ranch community was named Best Detached…
Grandview at Bay Beach offers a rare combination in Southwest Florida’s real estate market: new-construction condominium residences in a sought-after location with move-in by spring 2023. It’s also the first residential waterfront tower being built on Estero Island in 10 years. While developers typically start construction of a new condominium tower only after reaching a…