Suite Life Magazine
Mercato Announces New Tenants
Mercato has announced the recent and upcoming debut of six tenants. Retail and service additions include Cariloha Bamboo, Southern Tide and CycleBar. The Hampton Social, Rocco’s Tacos and Tequila Bar, and TooJay’s Deli are among the new restaurants. All were scheduled to open in December, except for Rocco’s Tacos... Read more
Chrysalis Award Nominations Sought
Convention Bureau (VCB) is accepting nominations for the 10th Annual Chrysalis Awards Celebration of Business & Tourism. The VCB and the Greater Fort Myers Chamber of Commerce organize the awards luncheon and trade show each year to recognize the contributions of tourism and community teamwork to our area’s economy.... Read more
CRE Consultants Expands Sales, Management Staffs
Several key staff members recently joined CRE Consultants sales, brokerage services and property management divisions. In sales, Pamela Pipher has joined CRE as a sales associate, specializing in site selection and feasibility, as well as retail tenant/landlord representation. For the last 25 years, she has been a commercial real... Read more
CRE Closes Multi-Million Dollar Sales of Office, Retail Properties
Commercial brokers with CRE Consultants recently negotiated a number of significant sales and leases in Southwest Florida. SALES • Boca Gas Co. Inc./CH Realty VIII CG FL: 10,079sf retail space at 7770 Preserve Lane, Naples from J. Peaceful, LLC for $5.8 million. (Fred Kermani, CCIM, AIA and Stuart Tackett)... Read more
Ken Segura Named Treasury Management Associate
Sanibel Captiva Community Bank (San Cap Bank) has promoted Ken Segura to treasury management associate. In this role, Segura helps oversee the bank’s various treasury management products and services, including business online banking, remote deposit capture, ACH originations, online wire management and Positive Pay. He is also responsible for... Read more
Encore Bank Officially Joins Lake Michigan Credit Union
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
Lee & Associates Sales Transactions Suggest Strong Demand
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
Island Storage Suites Sells Out First Phase, Begins Second Phase
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
Atwater Crossing Under Construction in Port Charlotte
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
Progress Reported at Alico ITEC Park in Fort Myers
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