Trio of drug store deals totals nearly $17 million

Naples/Fort Myers

Storage sale: A company associated with a REIT belonging to California-based SmartStop Self Storage has a bought a North Fort Myers facility. It paid $15.7 million for the property, according to Lee County property records. The 78,000-square-foot storage facility is at 18301 N. Tamiami Trail and is the company’s 33rd location in Florida. The 780-unit facility was built as a single-tenant warehouse in 1955 and converted to storage in October. The purchase was made by Strategic Storage Growth Trust III, a “private company sponsored by an affiliate of SmartStop Self Storage REIT” based in Maryland. SmartStop owns or manages 183 properties made up of 127,600 units and 14.5 million rentable square feet in 22 states and Canada.

That’s lit: Opulent Lighting and Design has leased 4,512 square feet of space in Bonita Springs. The company took two units at 28210 Old U.S. 41 and will use the space for offices and storage. Opulent specializes in event planning with a focus on lighting for holidays, events, weddings and trade shows. The family-owned company is moving from its current space at 6350 Techster Blvd. in Fort Myers.