Commercial Real Estate

Lee Commissioners award state grants to partners for affordable housing

05/22/2021

The Lee Board of County Commissioners awarded additional 2019/2020 State Housing Initiatives Partnership grant agreements totaling $294,884 to local partners for affordable housing.  The grants awarded are:  Habitat for Humanity of Lee and Hendry Counties – $100,000 for construction of two single-family houses for two very low-income households with priority for households with special needs. …

Stock Custom Homes finishes first quarter with $62 million in sales

05/22/2021

Stock Custom Homes, the award-winning custom home building division of Stock Development, has continued its overwhelming sales success into 2021. The company had a record-breaking first quarter as it generated $62 million in sales throughout the state of Florida, including in Naples, Wellington and Sarasota. This success is a testament to the company’s quality of…

Seagate Completes Exterior of NeoGenomics HQ

05/18/2021

FORT MYERS, Fla. — Seagate Development Group has completed the exterior of NeoGenomics’ 150,000-square-foot, $60-million global headquarters. Just north of Alico Road, along Three Oaks Parkway in Fort Myers, the state-of-the-art facility is part of the leading firm’s ongoing work with DeAngelis Diamond. Last month, Seagate completed water and sewer utility inspections, laid down base…

Bonita Springs retail building and adjacent land bought for $1.1 million

05/11/2021

NH Florida 1 purchased a 4,000-square-foot retail space and adjacent 10,500-square-foot vacant land located at 11652 and 11680 Bonita Beach Rd SE for redevelopment. Daniel Jan Miller of Century 21 Sunbelt Realty – Commercial represented the buyer. David Campbell of Amerivest Realty represented the seller.   

Seagate Hires President of Building Co. as VP of Development

05/06/2021

FORT MYERS, Fla.  — Seagate Development Group has hired a results-driven leader and the former division president of a national building company – Kevin Brown – as Vice President of Development. This comes on the cusp of the leading, full-service company’s sustainable growth in and beyond the regional marketplace. A 15-year veteran of the residential…

New MIDFLORIDA Credit Union Branch Now Open in Lake Placid

05/05/2021

Lake Placid, Fla. – MIDFLORIDA Credit Union is pleased to announce that its newest branch is now open. Located in Lake Placid at 611 E. Interlake Boulevard, the branch opened on May 3, and is one of more than 60 branches throughout the state. MIDFLORIDA welcomes anyone to join who lives, works, worships, or attends…

Clive Daniel Home Brings New Home Furnishings and Design Services to Sarasota

05/05/2021

SARASOTA, Fla. (May 4, 2021) – Clive Daniel Home, Southwest Florida’s premier destination for luxury home furnishings and custom residential and commercial interior design services, broke ground today on its Sarasota showroom. Located within Fruitville Commons, the mixed-use development at I-75 and Fruitville Road, the 65,000 square-foot showroom (3055 Fruitville Commons Boulevard, Sarasota, Fla.) will…

One Source Business Capital Closes $4.1 Million SBA Loan

05/03/2021

FORT MYERS, FL  – One Source Business Capital (OSBC) recently closed a $4.1 million SBA 7A loan for a client to purchase a medical practice in Austin, Texas. In order to purchase the medical practice, the client needed a 100% goodwill loan and was told by multiple banking and lending institutions that 100% financing for goodwill would…

Lee Commissioners award construction engineering and inspection contract for Ortiz Avenue

05/03/2021

Fort Myers, FL, June 15, 2021 – The Lee Board of County Commissioners voted Tuesday to award a contract to AECOM Technical Services, Inc. to provide construction engineering and inspection services to widen Ortiz Avenue to four lanes from Colonial Boulevard to Martin Luther King, Jr. Boulevard. The Board has committed to expanding transportation infrastructure…

LSI Companies, Inc. Brokers Two Commercial Outparcels Totaling 10.77± Acres at Hope Preserve

05/03/2021

Fort Myers, FL – May 3, 2021 – LSI Companies, Inc. brokered two commercial outparcels totaling 10.77± acres in the Hope Preserve development in Fort Myers, FL for a combined $6,979,618. The first parcel consists of 3.71± acres and was sold for $2,100,898. The second parcel consists of 7.06± acres and was sold for $4,878,720.…