Investor group buys land in Fort Myers River District

By Business Observer Staff
| 10:00 a.m. February 13, 2015
| 0 Free Articles Remaining!

Charlotte–Lee–Collier

BUYER: Madison Ave Investment Group LLC (manager: Ayal Keren), Fort Myers
SELLER: Land Holding LLC
PROPERTY: 2144 McGregor Blvd., Fort Myers
PRICE: $3.5 million
PREVIOUS PRICE: $6.25 million, June 2003
LAW FIRM ON DEED: Carlton Fields Jorden Burt PA, Orlando

PLANS, DESCRIPTION:
An investor group led by Ayal Keren of Fort Myers purchased a 7.87-acre parcel northeast of a Publix for $3.5 million.

The price equated to $448,727 per acre.