47-year-old Fort Myers retail plaza sells for $4.8 million

Naples/Fort Myers/Charlotte

Double dealing: A Fort Myers shopping center has sold. The 20,000-square-foot retail plaza is at 12125 S. Cleveland Ave. The buyer is DCD Partners, which paid $4.8 million. The Fort Myers LLC’s address in the state’s Division of Corporation’s database matches that of Fort Myers-based CRS Roofing and its manager is David Crowther, who is the roofer’s president and founder. The property was previously owned by another local LLC, Cleveland Crystal Plaza. It paid $3.29 million for the center in 2020. According to a profile on the industry website crexi.com, the center was built in 1977 and sits on 1.98 acres. Dannielle Robinson of Colliers represented the buyer. Alex Henderson, Max Molloy and Sawyer Gregory of LSI Co. represented the seller. Fort Myers-based LSI also announced another sale last week: a 2,440-square-foot industrial property at 6145 Lee Ann Lane in Naples. The buyer was a Naples investor who paid $1.07 million for the property. LSI’s Eric Edwards brokered the deal.

Granting housing: The Collier County Foundation has awarded a housing advocacy organization $95,760 in grant money. The money is going to The Housing Alliance, a nonprofit that “provides information, education and advocacy for accessing and developing attainable housing solutions” in the county. According to a news release announcing the three grants, the money will be used to support workforce housing stabilization, a Housing Navigator program and fundraising consulting services. The Housing Alliance is a private nonprofit that is funded by the Collier County Community and Human Services Division, private donations and the foundation.