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SUITE TALK November 1, 2016

Premier Commercial Announces Numerous High-Profile Sales

Andrew DeSalvo, MBA, and Matt Stepan, CCIM, of Premier Commercial, Inc., report the following recently closed transactions in Lee and Collier counties.

SALES
• Baryl Orion Center, LLC:
Orion Center, a 30,000sf retail building at 6611/6631 Orion Drive, Fort Myers, for $5,211,624.95. (Represented the buyer)
• Naples 5th Avenue SAA, LLC:
a 14,773sf commercial building at 851 5th Avenue N., Naples, for $3,619,385. (Represented the buyer)
• Coconut Point OE, LLC and Coconut Point ST, LLC:
10 office condos totaling 8,533sf at The Offices at Coconut Point, Estero, from Coconut Point Properties, LLC, for $2,436,553.
• Naples 5th Avenue SAA, LLC:
Hillcrest Apartments, a 10-unit apartment building at 530 8th Street N., Naples, for $1,583,000. (Represented the buyer)
• Dustin St. Clair, LLC:
a 3,062sf office condo at 599 9th Street North, Suite 101, Naples, from Capital Bank Corporation for $897,500. (Represented the seller)

LEASES
• Richardson Land & Cattle Company, LLC:
a 961sf office at 6621 Willow Park Drive, Suite 1, Naples, to Florida Hometown Title and Escrow, LLC.
• Leelin, Inc.:
a 935sf office at 8890 Terrene Court, Suite 101, Bonita Springs, to Better at Home Health Services, LLC. (Represented the landlord)
• Leelin, Inc.:
an 805sf office at 8890 Terrene Court, Suite 102, Bonita Springs, to Infinite Renovations. (Represented the landlord)
• DaVinci Realty, LLC:
a 2,190sf office at 28901 Trails Edge Blvd., Suite 104, Bonita Springs, to Racson, LLC.
• LQ Investment, Inc.:
a 2,675sf office at 8850 Terrene Court, Bonita Springs, to Rossman Realty Group, Inc. (Represented the landlord)

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