New York firm buys HVAC company's facility for $8.1 million

Seagate Development has sold the Conditioned Air warehouse in Fort Myers; company's lease runs through 2030

  • By Louis Llovio
  • | 11:39 a.m. January 18, 2022
  • | 0 Free Articles Remaining!
COURTESY: Conditioned Air's South Fort Myers facility sells to New York REIT for $8.1 million.
COURTESY: Conditioned Air's South Fort Myers facility sells to New York REIT for $8.1 million.
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FORT MYERS — Seagate Development Group has sold Conditioned Air’s South Fort Myers facility for $8.1 million to a New York real estate investment trust.

The 53,000-square-foot facility at 14550 Global Parkway was completed last year and houses the Naples-based air conditioning company’s Fort Myers office. The buyer is One Liberty Properties out of Great Neck, New York. 

 

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