It’s been a busy spring for LSI Companies, Inc. In recent months, brokers with the Fort Myers-based firm have participated in a number of significant sales throughout greater Southwest Florida, including:
• 5,500sf industrial building on 0.5 acre at 6360 Metro Plantation Rd., Fort Myers, for $522,500 ($95psf). Link Property Management, LLC purchased the property from Mike’s Auto Body & Paint, Inc. (Justin Thibaut and Brandan Pendergrass represented the seller; Brock Rasmussen/Lee & Associates represented the buyer.)
• 6,656sf industrial building on 2.05 acres at 5802 Corporation Circle, Fort Myers, for $750,000 ($112.68psf). The buyer was Benchmark 2120, LLC; Currier Roofing Co., Inc. was the seller. (Justin Thibaut and Hunter Ward)
• 263-acre agricultural property on Bonneville Street, one mile north of S.R. 78 in Labelle, for $900,000. Justin and Jennifer Hood purchased the property from FCB REO II, LLC. (William Rollins Jr., CCIM, ALC, Hunter Ward and Randy Thibaut)
Also, in March, LSI brokered the first closing of a 450-acre multifamily parcel in Sarasota, which sold for $21.55 million. The property is at the northwest corner of Fruitville and Lorraine roads, and was purchased by Neal Communities of Southwest Florida from Lindvest Sarasota East, Ltd. and Lindvest Fruitville, Ltd. Located just south of Lakewood Ranch Golf & Country Club and University Park, the site is entitled for up to 900 residential units and a town center. Justin Thibaut, Randy Thibaut and Doug Meschko brokered the deal.
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