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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • November 20, 2009
Fort Myers' Fiber Solutions buys new headquarters

The owners of Fort Myers-based communications contractor Fiber Solutions, purchased the 20,000-square-foot former Metro Plumbing flex building on Metro Parkway north of Crystal Drive for $900,000. The purchase equated to $45 per square foot of total building space.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 20, 2009
IHOP franchisee buys second Naples location

Sunshine Restaurant Partners, an IHOP franchisee for Florida and Georgia, purchased a 4,050-square-foot former IHOP restaurant building near the intersection of Pine Ridge Road and Whippoorwill Lane for $1.1 million. The purchase price equated to $272 per square foot of building space.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • November 19, 2009
Open receiver

Developer Kenneth Saundry Jr. spent 31 years in the real estate business in Florida building homes, RV parks, shopping centers and offices. Now, he's reinvented himself as a court receiver to manage distressed properties.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 12, 2009
Hope Hospice buys Cape Coral land

Hope Hospice and Community Services Inc. of Fort Myers purchased 10 acres on Savona Parkway near Agualinda Boulevard for $1.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 6, 2009
Fort Myers Redevelopment Agency wins award

The Fort Myers Redevelopment Agency won the Best New Building Project Award from the Florida Redevelopment Association for its Fort Myers River District Publix Supermarket project. The project was recognized for outstanding achievements in community improvement.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 6, 2009
Target sells Cypress Creek site back to its developer

National retailer Target Corp. has sold its 16-acre site in Cypress Creek Town Center back to developer The Richard E. Jacobs Group LLC for $4.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 5, 2009
Mobile Home Depot owner buys retail building

Stephen Guzman's 41 N. Fort Myers Real Estate Investment LLC purchased a 7,000 square foot retail building near the intersection of Pine Island Road and U.S. 41 for $500,000.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 5, 2009
Bank of Naples finishes headquarters

Bank of Naples has completed construction of its headquarters and main banking office at 4099 N. Tamiami Trail. The project began last summer to upgrade the 36,000-square-foot, four-story building.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 5, 2009
Lee County buys 56 acres for preserve

Lee County government purchased 56 acres at the eastern end of the Six Mile Cypress Slough Preserve next to Interstate 75 and north of Penzance Road for $1.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 5, 2009
Coastland expanding to Bonita Springs

James and Kimberley Walker of Coastland Auto Body in Naples purchased a 12,844-square-foot industrial building on Production Circle east of U.S. 41 for $1.2 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 30, 2009
Franklin Property buys Verizon 56th Street building

Franklin Property & Development Group LLC purchased a 57,347-square-foot, two-story office building at the northwest corner of 56th Street and Serena Drive for $2.6 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 30, 2009
CVS Pharmacy buys land for third Immokalee Road store

Woonsocket, R.I.-based drug store company CVS Pharmacy purchased several acres at the corner of Immokalee Road and Randall Boulevard for $2.5 million.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • October 29, 2009
Narrow the Spread

The spread that separates buyers and sellers of commercial real estate is starting to narrow. Two recent apartment deals may be an indicator of future activity, but not a recovery.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 16, 2009
West Gulf Properties buys two landmarks

xxxxx

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 6, 2009
Collier buys Bayshore Gateway property

xxx

  • Charlotte–Lee–Collier
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