Commercial Real Estate
FORT MYERS, FL (February 16, 2021) – One Source Business Capital’s (OSBC) bridge loan program recently closed a loan for $5.1 million for an oceanfront inn/spa/restaurant on Maine’s coast. This business was exiting Chapter 11 and taking advantage of a discount, so they needed to close the loan in 10 days. OSBC was able to secure…
Stevens Construction has started construction of a new child care development center for Lee Health, announced Dan Adams, vice president/principal, Stevens Construction, Inc. Located at 13880 Plantation Road in Fort Myers, the 17,735-square-foot center will have classrooms to accommodate programs for infant, toddler, preschool, VPK and after-school children. Providing convenient drop-off and pick up, the…
The Fifth Avenue South Business Improvement District (BID) announced the recent opening of Health & Wealth Co., adding to the roster of high-end service providers who are establishing their operations along Naples’ historic main street. Located at 640 Fifth Ave. S., Health & Wealth Co. offers a unique combination of financial and physical health services…
Victory Park will include a 125-room Wyndham Garden hotel, commercial space, and 100,000 square feet of medical space and industrial space. The groundbreaking is scheduled for the second quarter of 2021. Pre-leasing is now taking place. Wyndham Garden’s newly introduced prototype is a cost-effective concept that features a smart layout, designed to maximize efficiencies and combat rising construction costs.…
The Sembler Company recently began the demolition and redevelopment of Riverdale Shopping Center, a 75,581 square-foot neighborhood retail center located at 14561 Palm Beach Boulevard in Fort Myers, FL. Portions of the shopping center, first built in 1983 and acquired by The Sembler Company in 2020, will be demolished to make way for a 46,676…
Local real estate experts will convene virtually in Southwest Florida to present Market Trends 2021, a free real estate forum to be held from 4:30 to 5:30 p.m. on Tuesday, March 9. Presented by LSI Companies, Lee Building Industry Association and Collier Building Industry Association, the theme of the Market Trends 2021 event is “The…
BROOMFIELD, Colo., — Noodles & Company (NASDAQ: NDLS), known for serving bowls of classic noodle, Zoodle and Cauliflower Noodle dishes from around the world, today announced a multi-unit franchise growth initiative to increase its presence in Southern and Southwestern markets. With plans to expand an off-premise oriented footprint perfectly suited for today’s consumer environment, this…
Inspiring its new homeowner with fresh architectural style, a seamless connection between indoor and outdoor living spaces, and stunning interiors, London Bay Homes’ lake-view Carmela model sold this month in Mediterra’s Caminetto neighborhood. The livability of the Carmela home design, which offers three bathrooms, three full baths and two half-baths in 3,836 air-conditioned square feet,…
Feb. 16, 2021 – JLL Capital Markets announced today that it has closed the $4.4 million sale of a 3,945-square-foot single-tenant retail building ground leased to the highest-grossing fast-food chain in the world in the southwest Florida community of Fort Myers. JLL marketed the property on behalf of the seller, North American Development Group. A private investor acquired the…
Fort Myers, FL (February 1, 2021) – Alliant Association Management is pleased to announce the addition of two new clients: Coquina Condominium Association and Heritage Heights HOA. Coquina Condo is located on Fort Myers Beach with 26 units; it is a winter home or vacation property for most of its owners. Heritage Heights is the…