Transaction News from LSI Companies

Brokers with LSI Companies, Inc. closed the following sales in Southwest Florida.

SALES

• Forestar (USA) Real Estate Group, Inc.: 1,745±-acre mixed-use property at 4101 Burnt Store Road, Cape Coral, for $100 million. (Justin Thibaut, CCIM and William Rollins, CCIM, ALC)
• The Residential Group: 31.9± acre assemblage at the southeast corner of Winkler Road and Gladiolus Drive for $19.97 million. (Alex Henderson and Max Molloy)
• E & E Home Builder, Inc.: 26- unit motel at 2568 First St., Fort Myers, from Zally & Charlie, LLC for $1.2 million. (Alex Henderson, Max Molloy and Sawyer Gregory represented the seller, Omar Alonso, RT Commercial Real Estate, represented the buyer.)
• FREC Old Hwy 41, LLC: 30,000±sf small bay multi-tenant industrial building at 16260-12680 Old US 41, Fort Myers, from 16260 Old US 41, LLC for $5.05 million. (Eric Edwards, CCIM and Laura Cari, CCIM represented the buyer, Adam Palmer, CCIM, SIOR, LQ Commercial, represented the seller.)
• Buckingham Farmers Market, LLC: 14.4±-acre commercial property at 7341 Buckingham Road, Fort Myers, from LPH, LLC for $2.25 million. (Hunter Ward, CCIM, ALC represented the seller, Leeanne Graziani, Premiere Plus Realty Co. represented the buyer.)