Commercial Real Estate

Tight Inventory and High Demand Continues

12/11/2021

Naples, FL  – Home sales were bridled by low inventory during October, but new listings are on the rise according to the October 2021 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Overall closed sales for October decreased 32.1 percent…

Fifth Avenue South Welcomes Engel & Volkers Yachting to Naples’ Historic Main Street

12/08/2021

The Fifth Avenue South Business Improvement District (BID) announced that Engel & Volkers Yachting, a global brokerage of luxury sailing and motor yachts, has established its first Florida location along Naples’ historic main street. Located at 837 Fifth Ave. S., Suite 200, Engels & Volkers Yachting assists private and business clients in the sale, acquisition…

DiVosta announces new Naples community of 685 homes called Terreno

12/08/2021

PulteGroup, one of the nation’s most recognized and trusted brands in homebuilding for 70 years, has closed on the land for a new DiVosta-branded, amenity-rich, Naples community called Terreno. DiVosta has announced a 320-acre parcel in northeast Naples where 685 new-construction single-family homes will be built. Pricing is expected from the upper $300s to $1…

SWFBT’s Commercial RE Edition DISCOUNTS

12/03/2021

Because of COVID19, this edition promises to be like no other January edition of Southwest Florida Business Today, with the opportunity to share your thoughts, insights and experiences regarding Southwest Florida commercial real estate the past two years. As you may know, SWFBT has been publishing its annual “Commercial RE Salute” for the past six years. It is a comprehensive look at commercial real estate…

Centex announces new Cape Coral townhome community, Sawgrass at Coral Lakes

12/02/2021

PulteGroup, one of the nation’s leading and most trusted brands in homebuilding for 70 years, has closed on the land for a new Centex-branded neighborhood called Sawgrass at Coral Lakes. Located within the existing Coral Lakes community in Cape Coral off Del Brado Blvd., with quick access to Pine Island Rd., Sawgrass will offer 230…

Hole Montes completes NeoGenomics headquarters project

11/29/2021

Hole Montes has completed engineering and design services for NeoGenomics’ new corporate headquarters, a $60 million, 150,000-square-foot complex in south Fort Myers. The firm provided land surveying, civil engineering, site development design, permitting and construction administration services, as well as construction surveying. Spread across 14 acres in the Florida Gulf Coast Business Center, NeoGenomics’ headquarters…

CRA Approves The Irving for $4 Million Tax Increment Rebate

11/21/2021

FORT MYERS, Fla.  — The Fort Myers Community Redevelopment Agency (CRA) recently approved a tax increment rebate and development agreement for The Irving in downtown Fort Myers. The CRA approved a tax increment rebate in the not-to-exceed amount of $4 million for 2401 Bay Street, LLC disbursed at 85 percent of increment revenue generated each year until…

Marcus & Millichap Announces Sale of Executive-Suite Office Portfolio in Naples For $14.85 Million

11/17/2021

NAPLES, Fla., – Marcus & Millichap (NYSE: MMI), announced today the sale of Premier Executive Centers, two, three-story office buildings totaling approximately 80,000 square feet located in Naples and Fort Myers, Florida. The properties sold for $14,850,000 million. “This transaction represents an exploding trend in the area. There is a growing demand for uniquely positioned,…

Creason’s Fine Art Galleries Establishes Location along Naples’ Fifth Avenue South

11/16/2021

The Fifth Avenue South Business Improvement District (BID) announced that Creason’s Fine Art Galleries has opened a location along Naples’ Historic Main Street. Creason’s Fine Art Gallery features original paintings and reproductions by owner Greg Creason, who also has gallery locations in New Orleans and Carmel, Calif. Located at 331 Fifth Ave. S., Creason’s Fine…

Matterhorn Fit Expands Presence in Southwest Florida with Second Location in Naples 

11/12/2021

Bonita Springs, FL  – Matterhorn Fit (the “Company” or “Matterhorn”), Southwest Florida’s leading rehabilitation and training center, announces today that its second location at 2079 Pine Ridge Rd, Naples, FL 34109 will open on October 1st.  With headquarters in Bonita Springs, FL, the new location is the Company’s first move to expand its presence across the state.    “We are…