Loading
BUYER: BT & ST Enterprises LLC (principal: William Treffert), Naples
SELLER: First American Bank
PROPERTY: 28951 Trails Edge Blvd., Bonita Springs
PRICE: $875,000
PREVIOUS PRICE: $850,000, August 1999
LAW FIRM ON DEED: John M. Wicker PA, Fort Myers
PLANS, DESCRIPTION: William Treffert of Naples purchased the 7,049-square-foot former Wolcott Marine building for $875,000.
The price equated to $124 per square foot.
Wolcott Marine operated from the Bonita Springs building until First American Bank foreclosed on the property earlier this year. Wolcott Marine has since moved its boat dealership operations to Naples, which left the Trails Edge Boulevard building vacant.
The 1.59-acre property features a paved yard.
Randal Mercer and Rob Mintz of CB Richard Ellis, Fort Myers/Naples represented the seller and Steve Sims of Downing-Frye Realty Inc. represented the buyer.
Treffert currently doesn't have long-term plans for the property. But in the short term he will likely use it to house a personal car collection, Sims says.
“We were looking for about a year for industrial properties that were a little more upscale,” says Sims. “It's a unique building.”
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
