Andrew Saluan, owner and managing broker of Naples-based AJS Realty Group, recently negotiated the $1.04 million sale of a 5,400sf medical office building at 1735 Heritage Trail in Naples. Jeffrey L. Zimm, MD, PA , was the buyer. Saluan represented the seller, Countryside Commons SWF, LLC. Saluan and other... Read more

SVN | KOVA Naples recently negotiated the following Southwest Florida sales and leases. All properties are in Naples unless otherwise noted. SALES • Ladd Eastman, LLC: 2,940sf office condo for $500,000 at 5274 Golden Gate Parkway from Krishnavani Srinivasan. (Eric F. Edwards represented the buyer.) • Ladd Eastman, LLC:... Read more

Istrouma Trustee, LLC has sold two mixed-use properties totaling 104.78 acres for $6.5 million to Colonial Hammock SWFL, LLC. Both parcels are in Fort Myers. One parcel totals 70.18 acres at 4151 Veronica Shoemaker Boulevard and is zoned commercial general. The other site consists of two adjacent properties totaling 34.6... Read more

Fort Myersbased Private Equity Group has made a second $500,000 deposit to Charlotte County as part of the company’s contractual agreement to purchase 452 acres in Murdock Village. The latest deposit, made at the successful conclusion of Private Equity Group’s due-diligence period, brings the company’s total deposits with Charlotte... Read more

Lake Michigan Credit Union (LMCU), headquartered in Grand Rapids, Michigan, has signed a definitive agreement to acquire Naples-based Encore Bank. Encore has approximately $400 million in assets and operates six branches in Southwest Florida. The combined entity will have approximately $5.6 billion in assets, and more than $9 billion in... Read more

Agents with Boback Commercial Group recently reported the following Southwest Florida sales and leases. SALES • Gulfshore Dermatology, PA : a 3,122sf building at 15620 New Hampshire Ct., Fort Myers, from Dean W. Larson, LLC for $690,000. (Theresa Blauch-Mitchell, CCIM) • FBC Granite Ft. Myers, LLC: 10,500sf building at... Read more

Brokers with LandQwest Commercial recently negotiated the following major sales and lease transactions. Sales • Yucatan Waterfront, Inc.: Sandy Hook restaurant and five waterfront lots at 4851-4915 Pine Island Rd. N.W., Matlacha, from Sandy Hook, Inc. & Lauber, LLC for $2.1 million. (Frank Kupiec represented the buyer and Bev... Read more

At press time, construction of an additional 14 villa homes was poised to commence at the 48-acre Life Plan Community of Cypress Cove at HealthPark Florida in south Fort Myers. The two- and three-bedroom villas will increase the neighborhood total to 44. Chris-Tel Construction of Fort Myers is building... Read more

The partners behind Fathoms Restaurant & Bar and The French Press at Cape Harbour Marina are opening a new, waterfront restaurant at Tarpon Point Marina in Cape Coral. When it debuts in early October, Gather will offer breakfast, lunch and dinner, a full bar and picnic lunches for boaters.... Read more

Adam Palmer, CCIM, has been named 2018 President of the Florida CCIM Chapter of CCIM Institute. Palmer is a principal and managing director with LandQwest Commercial, a full-service commercial real estate firm based in Fort Myers. LandQwest is the only company to have three past/ current Florida CCIM Chapter... Read more