Hoffmann spends $9 million for Naples offices

Purchase of 500 Fifth Avenue building affirms Chicago company's strategy in Southwest Florida

  • By Kevin McQuaid
  • | 6:00 a.m. April 2, 2021
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Greg Hoffmann, the CEO of Chicago-based Hoffmann Commercial Real Estate, says 500 Fifth Ave. South, in Naples, fits in with the company's strategy.
COURTESY PHOTO — Greg Hoffmann, the CEO of Chicago-based Hoffmann Commercial Real Estate, says 500 Fifth Ave. South, in Naples, fits in with the company's strategy.
  • Commercial Real Estate
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A Chicago-based real estate investment firm that has been among the most active in Southwest Florida in recent years has added to its portfolio in Naples with an $8.9 million acquisition.

Hoffmann Commercial Real Estate’s purchase of the roughly 9,000-square-foot office building at 500 Fifth Ave. South last month marks the latest in a string of deals for the company.

 

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