Fort Myers-based Mayhugh Realty, Inc., recently closed the following sales and lease transactions in Lee County. All were negotiated by Chase Mayhugh, CCIM, unless otherwise noted. SALES • Ramo Properties, Inc.: 22,000sf office/warehouse on 2.25 acres at 4901/4911 Dr. Martin Luther King, Jr. Blvd. from Intrastate Rentals, Inc., for... Read more

Pavilion Terraces, located at 9051 Tamiami Trail North in Naples, recently sold to L&A Realty Company for $6.2 million. The 25,750sf retail strip center is 100% occupied. Biagio Bernardo, Bill Young and Larry Foster, CCIM, of Fort Myers-based CRE Consultants, facilitated the sale. According to the brokers, the center... Read more

The Real Estate Investment Society (REIS) recently awarded the annual Paul Sands Memorial – REIS Scholarship to Krista Swift, a Florida Gulf Coast University (FGCU) student. The scholarship provides $2,000 toward tuition and books. The REIS Scholarship Foundation also awarded $1,500 scholarships to FGCU student John Doherty and Ave... Read more

Agents with iCORE GLOBAL — Ft. Myers recently reported the following sales and leases. All transactions are in Fort Myers unless otherwise noted. SALES • David M. Dilay Revocable Trust: 71,775sf commercial land parcel at 2491 Highland Ave. from Master Z Pavers, Inc., for $95,000. (Jim Boback, CCIM) •... Read more

Commercial brokers with CRE Consultants recently negotiated a number of significant sales and leases in Southwest Florida. SALES • L & A Realty Company: Pavilion Terraces, a 25,750sf retail center on 2.39 acres at 9051 Tamiami Trail N., Naples, from Stephen J. Lockwood & Company, LLC, for $6.2 million.... Read more

All of the following properties are in Fort Myers unless otherwise noted. Sales • 9299 College Parkway of Florida, LLC: 42,569sf of office space at 9299 College Parkway for $8.9 million. (Adam Palmer, CCIM) • Hotel: 97,686sf hotel at 3001 University Center Drive in Tampa for $6,950,100. (Carlos Acosta/... Read more

Brokers with Equity, Inc., recently negotiated the following Southwest Florida transactions. All are in Naples unless otherwise noted. SALES • APS7 Irrevocable Trust: 2,095sf of office space at Fountains Professional Park, 3384 Woods Edge Drive, Bonita Springs, from Lippert Properties, LLC, for $260,000 ($124psf). (Mike Concilla and Tod Whipple... Read more

Manhattan Construction Group (MCG) has opened a new, full-service office for its subsidiary Manhattan Road and Bridge Company in Fort Myers. The new office houses human resource functions, training, sales and operations support for the company’s bridge construction team members in Florida. The company is not new to Southwest... Read more

Brokers with Coldwell Banker Commercial NRT recently negotiated the following sales and leases, all in Naples unless otherwise noted. Sales • GCD 9995, LLC: C-store with fuel, car wash and food mart at 9995 Tamiami Trail E., for $1.8 million from Pedde, LLC. (Rodney D. Harvey, CCIM) • McCrary... Read more

Thus far, 2015 has been a recordbreaking year of sales and leasing activity for AJS Realty Group, based in Naples. As of the third quarter, the firm reported leasing almost 40,000sf of commercial space in 11 separate transactions and closing more than $40 million in sales. The leased properties... Read more