Barron Collier Companies and Massachusetts-based FoxRock Properties recently purchased Newgate Center, one of Naples’ premier corporate commercial centers.
Built in 1995, Newgate Center features three buildings with more than 80,000sf of Class-A office space. In addition to a central seven-story tower of 54,000sf, there are two front buildings with 12,900sf each. The central tower is currently anchored by PNC Bank and the center is 100% leased by businesses including Raymond James, Newgate Surgery Center, and McLaughlin & Stern LLP, as well as attorneys, accountants, doctors and other professionals.
Newgate Center is Boston-based FoxRock Properties’ first commercial investment property purchase in Southwest Florida. As a leading commercial development and management company in New England, FoxRock will utilize the center to continue its growth and further solidify its place among the nation’s top commercial real estate firms.
Barron Collier Companies adds Newgate Center to its expanding commercial portfolio containing other Naples centers such as Goodlette Corners, Granada Shoppes, Magnolia Square, Bay Landing and the soon- to-be-built Creekside Corners. Newgate Center is at 5100 North Tamiami Trail in Naples.
For leasing information, please contact CeeCee Marinelli at cmarinelli@barroncollier. com or (239) 262-2600.
admin
