Hoffmann adding to Naples portfolio

Hoffmann adding to Naples portfolio

Fresh from its $74.3 million purchase of the 5th Avenue Collection last year, St. Louis-based Hoffmann Commercial Real Estate plans to augment its Naples portfolio.

Hoffmann has signed a letter of intent to acquire 898 Fifth Ave. S., a three-story building containing retail space, offices and apartments that is part of the city's famed shopping district.
The current ground-floor tenant is Sushi Thai of Naples.