River Reach Apartments sell for $45 million

  • By Business Observer Staff
  • | 10:10 a.m. November 15, 2013
  • Charlotte–Lee–Collier
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BUYER: Naples 3101 Place LLC (50% interest) and Naples Arlington LLC (50%), West Springfield, Mass.
SELLER: Naples-Oxford Limited Partnership
PROPERTY: 2131 and 2136 River Reach Drive, Naples
PRICE: $45 million
PREVIOUS PRICE: $34.6 million, June 1999
LAW FIRM ON DEED: Kutak Rock LLP, Denver

 

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