Multifamily developer buys 70 acres in Fort Myers for nearly $22 million

FORT MYERS — A real estate investment firm with a history of building multifamily projects has bought a 70-acre Crossroads Commerce Center in Fort Myers.

Elevate Partners paid $21.9 million for the property at 1100 Colonial Blvd. According to a press release from Berger Commercial Realty, which represented Elevate, “plans for the newly purchased site include a commercial, multifamily, mixed-use or retail development, but the project is still under review.”