Buy Side

Greg Hoffmann doesn't just want to own commercial property in downtown Naples — he wants to dominate the market.

And he is. Hoffmann, CEO of Chicago-based Hoffmann Commercial Real Estate, a family controlled firm that also owns portfolios in St. Louis and Avon, Colo., has spent roughly $200 million to acquire 17 “Old Naples” buildings over the past three years.

As a result of the purchases, clustered around Fifth Avenue South, Third Street and First Avenue North, the firm today is downtown Naples' largest commercial property owner as measured by square feet.