Suite Life Magazine
First Street Village Site Purchased For Mixed-Use Development
City Walk Fort Myers, LLC has purchased a parcel known as the First Street Village property in Fort Myers from Madison Ave. Investment Group, LLC for $7 million. The 7.8-acre parcel is located at 2144 McGregor Boulevard, midway between the downtown business district and the Edison & Ford Winter... Read more
DeAngelis Diamond Improves, Expands Naples Health Clinic
DeAngelis Diamond is renovating and expanding the Neighborhood Health Clinic in Naples. The two-phase project will double the size of the existing clinic. The first phase involves construction of 8,470sf, providing space for an expanded waiting room and additional services such as dental, x-ray, mammography, CT-scan and a blood... Read more
Naples Resort Captures Superlative Rating From AAA
The Naples Beach Hotel & Golf Club has received the prestigious AAA Four-Diamond Rating for the sixth consecutive year. The 319-room luxury resort is situated on 125 acres at 851 Gulf Shore Boulevard North. Of more than 27,000 hotels and resorts evaluated, only 1,797 (or 6.7%) received a Four-... Read more
Deems Announces Cape Coral Commercial Transactions
Broker Phil Deems, owner of Phil Deems Real Estate, LLC, reports the following closed transactions in Cape Coral. Sale • Michael and Christy Wenzlaff: 4,050sf of retail/office space at 461 Del Prado Boulevard South to Stephen W. Buckley, Tr., for $553,100. Leases • Max’s Best Deals Mattresses: 1,000sf at... Read more
Recent Sales and Leases Reported By SVN|KOVA
Commercial brokers with SVN|KOVA recently negotiated the following sales and lease transactions in Lee and Collier counties. SALES • Palm Villa Apartments, LLC: 39,644sf of retail/flex space for $5.4 million at 20451/20461 S. Tamiami Trail, Estero, from Broadway Shoppes, LLC. (Chad D. Commers, CCIM represented the seller.) • Davis... Read more
CRE Consultants Reports Brisk Sales and Leasing Activity
Commercial brokers with CRE Consultants recently negotiated a number of significant sales and leases in Southwest Florida. SALES • JRW Bonita, LLC: 12,600sf investment property at 26269 Tamiami Trail S., Bonita Springs, from CDW 26269 Tamiami Trail, LLC for $3.4 million. (Randal Mercer and Brandon Stoneburner) • Niagra Falls... Read more
Flanders Named CEO of Edison & Ford Estates
Architect and former Fort Myers councilman Michael A. Flanders is the new president and CEO of the Edison & Ford Winter Estates. Flanders has 30 years of master site planning experience and assisted in the design and construction of downtown Fort Myers’ streetscapes as part of its revitalization. He... Read more
Directors Elected to Fifth Avenue South Business Board
During the first quarter, the 5th A venue South Business Improvement District announced the appointment of its new executive director and the election of its 2018 board of directors. Bruce Barone, Jr. is the group’s new executive director and will work in conjunction with its 2018 officers and board... Read more
CREW Announces New Officers, Directors For Southwest Florida Chapter
The Southwest Florida Chapter of Commercial Real Estate Women (CREW) recently elected its 2018 officers and directors. They are: President Joanne Roach (Old Republic Title); President-Elect Jennifer Cachon (Conroy, Conroy & Durant); Treasurer Susan Christopher (CliftonLarsonAllen); Secretary Christine McManus (Investment Properties Corp.); Past President Michele Ankeney (Sunizo); and at-large... Read more
Coconut Plantation Building Underway in Bonita
GATE S Construction has been selected to build Coconut Plantation, a new building at Hyatt Residence Club Bonita Springs. The three-story structure will be built over covered parking and will mirror other buildings in the Residence Club, which operates much like a timeshare. When completed, Coconut Plantation will contain... Read more