News & Notes

This week saw a gym, a restaurant, an investment firm and a Las Vegas buyer

A look at some of the week’s commercial real estate happenings across the region.


  • By Louis Llovio
  • | 10:00 a.m. January 29, 2023
  • | 0 Free Articles Remaining!
BayView, a 55 and over community being built in Parrish by the builder Del Webb.
BayView, a 55 and over community being built in Parrish by the builder Del Webb.
Courtesy photo
  • Commercial Real Estate
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Naples/Fort Myers

Coffee and a sandwich: The owners of the 5th Avenue Coffee Company & 6th Diner in Naples have bought the eateries’ building. According to property records, a company registered to Frederik and Karen Overdijking paid $6 million for a property at 589 5th Ave. S. The restaurant’s address is 599 5th Ave. S, though, and that’s an address which doesn’t appear on the property appraiser’s website. Frederik Overdijking says in an email that despite the differing street numbers it is the same building.

Retail resell: Market Square, a 65,688-square-foot shopping center in Fort Myers, has sold to an Atlantic City, New Jersey company, Schiff Enterprises. The property at 13741 S. Tamiami Trail brought $13.2 million. A sales brochure for the center says it is 100% leased with four national tenants: arts and crafts retailer Michaels, World Market, Petco and Dollar Tree. The center has an attached Barnes & Noble store and there is a Super Target adjacent to the building.

 

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