Please ensure Javascript is enabled for purposes of website accessibility

Minneapolis' Holden Properties buys Forum Corporate Park II


  • By
  • | 11:00 a.m. August 28, 2015
  • | 2 Free Articles Remaining!
  • Charlotte–Lee–Collier
  • Share

BUYER: Forum Park II LLC (manager: George Holden), Edina, Minn.
SELLER: MLQ-ELD LLC
PROPERTY: 9160 Forum Corporate Parkway, Fort Myers
PRICE: $10.17 million
PREVIOUS PRICE: $11.5 million, December 2011

PLANS, DESCRIPTION:
Holden Properties purchased the 60,777-square-foot Forum Corporate Park II office building for $10.17 million.

The price equated to $167 per square foot.

The three-story office building was constructed in 2008 on a six-acre parcel in the 706-acre master-planned community The Forum at Fort Myers. It is 82.3% leased.

Rick Brugge, Mike Davis and Michael Lerner of Cushman & Wakefield and Robert Brooks of Songy Highroads represented the seller. Rob Carroll and William Gonnering of Investment Properties Corp. represented the buyer.

Cushman & Wakefield Research reports it is the second largest office sale in the Fort Myers market so far this year. The sale was done as part of a 1031 tax deferred exchange.

 

Latest News

×

Special Offer: $5 for 2 Months!

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.