Farmer’s Market Returns to JetBlue Park
SUITE TALK November 5, 2015
The weekly farmer’s market at JetBlue Park at 11500 Fenway South Drive in Fort Myers, has returned for a five-month run. From now through March, the Fenway South Farmer’s Market will be held every Wednesday from 9 a.m. — 1 p.m. The market will include fresh local produce, cheeses,... Read more
GCG Completes Town Center Restaurant Build-Out
SUITE TALK November 5, 2015
GCG Construction, Inc. (GCG), has completed the 1,750sf tenant buildout for a new sushi restaurant at Gulf Coast Town Center. How Do You Roll? is a fast, casual sushi eatery at 10021 University Plaza Drive, which allows customers to create sushi rolls with high-quality, fresh ingredients. GCG started construction... Read more
Fifth Avenue South Properties Sell for $74+ Million
SUITE TALK November 5, 2015
A seven-building portfolio on Fifth Avenue in Naples has sold for $74.35 million. The portfolio totals 122,276sf and consists of 73,523sf of street-level retail space, 48,753sf of office space and a 1.1-acre site on Fifth Avenue. Hoffman Commercial Real Estate purchased the asset free and clear of existing debt.... Read more
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
Scholarship Awarded to FCGU Student
SUITE TALK November 5, 2015
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
Sales And Leasing News From iCORE GLOBAL – Ft. Myers
SUITE TALK November 5, 2015
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
CRE Consultants Reports Robust Sales and Leasing Activity
SUITE TALK November 5, 2015
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
LandQwest Commercial Reports Several Sizable Sales
SUITE TALK November 5, 2015
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
Equity Announces Q-3 Sales and Lease Transactions
SUITE TALK November 5, 2015
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