News & Notes

Walmart shopping center in Brandon sells for $6.9 million

In the week's top commercial real estate news, matching Sarasota apartment buildings sell, a CRE firm closes a deal and wins a prize in Fort Myers, and an interesting Lakeland property is listed.


  • By Louis Llovio
  • | 5:00 a.m. August 11, 2024
  • | 0 Free Articles Remaining!
Investors have bought the Lithia Square Shopping Center in Brandon.
Investors have bought the Lithia Square Shopping Center in Brandon.
Image via crexi.com
  • Florida
  • Share

Naples/Fort Myers/Charlotte 

A deal and a prize: A nearly 3,000-square-foot office building in Fort Myers has sold. The two-unit property is at 12761 World Plaza Lane. The buyer was an LLC with a Sarasota address that paid $625,000. The previous owners, a Fort Myers couple, paid $400,000 for the building in 2005. The sale was brokered by the local commercial real estate firm LSI Cos., which represented the buyer. In other LSI news, CEO Justin Thibaut and Christi Pritchett were named Southwest Florida’s CoStar Power Broker Quarterly Deals winners for the second quarter. They were recognized for the $28.6 million sale of the former Hodges University property at 4501 Colonial Blvd. and 4445 Winkler Ave. in Fort Myers. Evangelical Christian School bought the buildings for a new high school. 


 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content