News & Notes

Car washes, drug stores top week’s property sales

The week brought news of new luxury apartments in Sarasota, big happening in Southwest Florida and build-to-rent action in Tampa.


  • By Louis Llovio
  • | 5:00 a.m. February 4, 2023
  • | 0 Free Articles Remaining!
The Walgreen Co. has sold for area stores.
The Walgreen Co. has sold for area stores.
Photo by Mark Wemple
  • Commercial Real Estate
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Naples/Fort Myers

Going to be a good year: Seagate Development Group has big plans for 2023. The Fort Myers company recently released a laundry list of projects scheduled to be completed or started this year. Among these are the completion by the end of the first quarter of the 60,000-square-foot warehouse and office it is building for American Builders & Contractors Supply Co. near the Punta Gorda Airport; the opening “within weeks” of Theory Design’s, Seagate’s interior design firm, Boca Grande store, its first retail location; and this summer it will unveil plans for its 200-acre custom home community in Bonita Springs. Seagate, founded in 2015, says it has “secured more than $1 billion in projects under development” within the past year.


 

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