- December 13, 2025
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A big buy: A 195-acre parcel of property in Punta Gorda has sold. The land is at 175 Kings Highway just off Interstate 75. According to LSI Cos., which brokered and announced the deal, the sale price was $17.85 million. LSI did not name the buyer but Charlotte County property records show it was an LLC named TEG 175 Kings Highway whose address in the state’s Division of Corporations matches an Airmont, New York company named the Repag Accounting Group. Repag, on its website, describes itself as a “boutique back office firm for multifamily real estate.” Its offerings include financial and operations services for property owners, including payroll, cash management, accounts payable and financial reporting. There is nothing on the site about it owning properties. If the name sounds familiar, four LLCs tied to Repag bought the Charlotte Commons Apartments in Port Charlotte for $66.5 million earlier this year. The Punta Gorda deal was brokered by LSI’s William Rollins and Christi Pritchett.
A pizza of pie: Mellow Mushroom Pizza Bakers has opened a new Florida restaurant in Cape Coral, at 53 N.E. Pine Island Road next to next to Gator Mike’s Family Fun Park. The 5,479-square-foot restaurant has a 60-plus-seat main dining room and a full bar. For those unfamiliar with Mellow Mushroom, be aware that it’s not a corner pizzeria in Brooklyn nor your local Pizza Hut. The chain, in a news release when it announced it was opening in Cape Coral, says what it offers is “stone-baked specialty pizzas and mellow vibes along with vibrant selections of shareable munchies, greens, remixed sandwiches, smash-style burgers and sweet treats.” While a little out there, it is an apt description for its menu and flower-power atmosphere. In all, the Atlanta chain has 23 restaurants in the state. Of those, eight (including the new one) are along the Gulf Coasts with locations in Clearwater, Brandon, Estero, Fort Myers, Lakeland, Wesley Chapel and Sarasota.
