- December 4, 2025
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Housing start: A Delray Beach commercial real estate firm has bought 34.51 acres at 7150 and 7200 Bayshore Drive in North Fort Myers. It paid $1.95 million for the property. Justin Thibaut, CEO of LSI Cos., which brokered the deal, says “the buyer is seeking approvals for residential development.” The buyer is an LLC named Black Spider Land Co. which, according Florida Division of Corporations’ database, shares a Delray Beach address with Pugliese Creative Ventures, a privately held real estate management, acquisition, sales and development company. According to the firm’s website, it is run by president and CEO Laura K Pugliese who is listed as manager for Black Spider. And Black Spider’s VP listed in the state’s database is David Cloran, Pugliese’s vice president of real estate management, according to the website.