Lake Michigan Credit Union (LMCU) has completed its acquisition of Encore Bank. All former Encore branch locations are now part of the credit union, which has grown from four to 10 Florida locations since 2015. Tom Ray, previously the president and CEO of Encore Bank, is the president of... Read more

Brokers with Lee & Associates| Naples – Ft. Myers recently closed the following sales and leases. All properties are in Fort Myers unless otherwise noted. Sales • The Oasis at Cypress Woods, LLC: 20-acre multifamily tract at Challenger Blvd. and Six Mile Cypress Pkwy. from Challenger Lodging, LLC for... Read more

Construction of Island Storage Suites’ Phase 2 is underway by Allan Development Group, following the sell-out of Phase 1. Upon completion of the second phase, Island Storage will contain a total of 48 suites. Located at 10950 Old South Way in south Fort Myers, the customizable, climate- controlled storage... Read more

A new retail plaza is coming to a prominent Port Charlotte intersection. Located at Atwater Street and Veterans Boulevard, Atwater Crossing is now under construction on a 3±acre parcel. When completed in June, the 22,500sf plaza will be anchored by a state-of-the-art Mobil gas station and Kangaroo Express convenience... Read more

Developer Paul Hardy, principal of Naples-based ITEC, LLC recently announced that Alico ITEC Park in Fort Myers will make its official market debut during the first quarter. By then, the 240-acre parcel on Alico Road and Ben Hill Griffin Parkway, will be fully platted and the master lift station... Read more

Avison Young has been awarded the exclusive sale listing of Four Corners, a collection of four vacant land parcels totaling 21.14 acres at 4128-4233 Agualinda Boulevard in Cape Coral. The parcels, divided by the Agualinda and Beach Parkway W. intersection, are zoned for multi-family, commercial, and mixed-use development. Avison... Read more

Christian Young has joined Naples- based DeAngelis Diamond as general counsel. In this role, Young provides legal counsel for the company’s innovation, technology and data analytics intellectual property. Besides advising on all negotiations for construction management, program management, design-build, IPD and subcontractor agreements, he also collaborates with operations, risk... Read more

Agents with SVN® | KOVA recently completed negotiations for the following sales and lease transactions in Lee and Collier counties. SALES • 1852 FL OPCO, LLC: 40,511sf of vacant land for $1.3 million at 5080 Tamiami Trail E., Naples from Sir Sudz, LLC. (Stephen A. Cunningham, MAI, CCIM, Bryan... Read more

Elite RV & Boat Storage in south Lee County is taking reservations in advance of its grand opening in January. The premier storage facility is located just off Alico Road near I-75, making it convenient to both Naples and Fort Myers. At buildout, the facility will include 255 covered... Read more

Matt Stepan, CCIM and Andrew DeSalvo, MBA of Premier Commercial, Inc., recently closed the following lease transactions in Lee County. • AAPA, LLP: 3,025±sf medical office at 9400 Bonita Beach Road, Suite 101, Bonita Springs, to Pain Management Consultants of Southwest Florida PL. • Leelin, Inc.: 2,929±sf office at... Read more