The Hoffmann family recently acquired Naples Transportation & Tours (NT&T) expanding its investment in Naples commercial real estate and businesses to more than $400 million.
NT&T manages a fleet of more than 100 vehicles including luxury limousines, stretch SUVs, buses and party buses, Segways and classically-styled trolley cars. To enhance NT&T’s capacity and service, the Hoffmanns plan to build a new company headquarters on an 11-acre parcel in Naples.
In addition to the NT&T acquisition, the Hoffmanns, through their privatelyheld Osprey Capital LLC, also has acquired Sunmaster of Naples, Adelheidi’s Organic Sweets, Naples Princess Cruises and The Bevy restaurant.
The Hoffmanns are the largest owner of commercial real estate in Naples, with a majority of their 27 properties concentrated on Fifth Avenue South and Third Avenue South.
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