Hospitality company executive buys two sections of island


  • By
  • | 10:55 a.m. May 1, 2015
  • | 0 Free Articles Remaining!
  • Charlotte–Lee–Collier
  • Share

BUYER: Grand Resort-Ft Myers Beach LLC (manager: Thomas Torgerson), Naples
SELLER: Huntingburg Partners Ltd.

PROPERTY: 1133 Estero Blvd. and 1150-1180 Fifth St., Fort Myers Beach
PRICE: $7.2 million
LAW FIRM ON DEED: Kevin F. Jursinski PA, Fort Myers

SELLER: Summer Daze LP
PROPERTY: 211, 221 and 231 Canal Road and 1188-1190 and 1172-1174 Estero Blvd., Fort Myers Beach
PRICE: $6.1 million
PREVIOUS PRICES: $800,000, December 2011; $700,700 and $515,000, July 2005; $500,000, October 2001; $350,000, March 1970; and $37,000, August 1968
LAW FIRM ON DEED: Charles Meador Jr., Fort Myers Beach

PLANS, DESCRIPTION:
A company led by Tom Torgerson, CEO of the Willmar, Minn.-based hotel company TPI Hospitality, purchased two large portions of Fort Myers Beach for a combined $13.3 million.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content