Joint venture pays $80M for Pelican Bay land

  • By Business Observer Staff
  • | 9:46 p.m. June 12, 2015
  • Commercial Real Estate
  • Share

BUYER: GBPBDEV I Inc. (officers: Aubrey, Daniel, Marissa and Tina Ferrao; Anthony Dinardo and Joseph Parisi), Naples
SELLER: Parcel J Joint Venture
PROPERTY: 6873 Grenadier Blvd. and a portion of Dade Street also known as a portion of tracts C and D, Waterpark Place at Pelican Bay, Naples
PRICE: $80 million
LAW FIRM ON DEED: Bilzin Sumberg Baena Price & Axelrod LLP, Miami

 

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