Suite Life Magazine
VIP Commercial Reports Active Quarter for Sales and Leases
VIP Realty – Commercial agents report the following recent sales and lease transactions. All are in Fort Myers unless otherwise noted. SALES • 9351 Cypress Lake, LLC: 2,591sf office building at 9351 Cypress Lake Drive from Evercore Trust Company for $425,000 with an 8+% CAP rate. (Jack Liptak represented... Read more
Chris-Tel Hires Kevin James for Special Projects Division
Chris-Tel Construction has hired Kevin James as superintendent/ site project manager for the firm’s Special Projects Division. James comes to Chris-Tel with more than 20 years of experience in Southwest Florida’s construction industry. He attended Florida Southwestern State College and is a certified building contractor with the State of... Read more
Leasing Transactions Top News from Equity, Inc.
Agents with Equity, Inc. in Naples recently reported the following sales and leases. All transactions are in Naples unless otherwise noted. SALES • BIFFY HO, LLLP: 2,974sf office space at 5405 Park Central Court from Samouce & Gal, PA for $825,000 ($277.40psf). (Jeff Clapper represented the buyer.) • Florida... Read more
EnviroStruct Completes Diverse Projects
EnviroStruct, LLC, recently completed three high-profile projects in Lee and Collier counties. In Naples, the company has completed the construction of 1500 South, a fine dining restaurant within Naples Bay Resort. The establishment is the new home for world-famous chef Art Smith. The company’s Estero projects include Coconut Point... Read more
Fischler Facilitates Closing in Historic Downtown Building
Fischler Property Company recently negotiated the sale of three commercial condominium units totaling 5,340sf in the storied Earnhardt Building in downtown Fort Myers. All three are occupied. According to the firm’s founder, Phil Fischler, the $303psf sales price is evidence of the market’s strength and appetite for premier assets... Read more
Commercial Management of Naples Reports Q-1 Sales
Broker Dean Prevolos of Commercial Management of Naples (CMI) represented the seller in the following transactions. Jackson Square: a 41,000sf retail shopping center at 4154 W. Lafayette Street in Marianna to Silk Road Real Estate, LLC, for $341,250. • Heritage Court: 52,099sf at 4960- 5020 Tamiami Trail N. in... Read more
$5.8 Million Shopping Center Sale Among Major Transactions From Coldwell Banker Commercial
Brokers with Coldwell Banker  Commercial in Naples recently negotiated  the following sales and leases. All  are in Naples unless otherwise noted. SALES  • Greater Naples Properties,  LLC: 56,955sf community shopping  center at 14181 Tamiami Trail, Fort  Myers, from JSMM41 Center, LLC,  for $5.8 million. (Richard Tucker  represented the buyer.)... Read more
Land, Office Space Dominate Sales Activity At LandQwest Commercial
SALES • MQ Florida Acquisitions, LLC: 30.72 acres at Summerlin and Pine Ridge Roads in Fort Myers for $4,000,000. (John Mounce) • Presz Property, LLC: an 8,950sf office building at 6360 Presidential Ct.,in Fort Myers for $765,000. (Chuck Smith, CCIM & Carlos Acosta, CCIM) • 2306 Dr. Martin Luther... Read more
Colliers International Negotiates Sale of High-Profile Fort Myers Retail Center
Karen Johnson-Crowther and Dannielle Robinson-Crowther of Colliers International Southwest Florida negotiated the sale of Shops at Jamaica Bay in south Fort Myers recently. Central Line Properties paid $4.15 million for the 20,632sf shopping center, located at 15245 Tamiami Trail. Karen and Dannielle represented the seller, Orbis Properties. LEASES Agents... Read more
Kismet Industrial Park, LLC, a partnership headed by Randy Krise, CCIM, plans to break ground on a 270,000sf industrial development in the first quarter of 2017. His company, Krise Commercial Group, represented the partnership in purchasing the 25-acre entitled property on Littleton Road. The property, located just north of... Read more