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Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary
RECENT BLOG POSTS
CRC (Continental Realty Corporation) acquired The Shoppes at Pelican Preserve from PGIM INC for $12.2 million dollars in August 2018. The 69,475-square foot shopping center is located at 10520 Colonial Boulevard in Fort Myers, Florida According to the Lee County Property Appraiser site, the cente...
08/10/2018
The Hotel Indigo located in Downtown Fort Myers, FL aka the River District, Fort Myers sold June 18, 2018 by Backbay Resorts SWFL, LLC to Laxmi Lodging Florida, LLC for $9,325,000.00 according to Lee County Official Records. Official Record-Deed click here.The new owners, Laxmi Lodging Florida, L...
06/30/2018
BABOCK RANCH INDEPENDENT SPECIAL DISTRICT (ISD)BABCOCK RANCH CHARLOTTE COUNTY, FLRESIDENTIAL PERMIT ACTIVITY54 CERTIFICATES OF OCCUPANCY (C0's) ISSUED ( Models, S/F, M/F) 87 PERMITS ISSUED ( Models, S/F, M/F)14 PERMITS READY FOR PICK UP ( Models, S/F, M/F)19 PERMITS UNDER REVIEWTOTAL :174THE ABOV...
06/16/2018
8250 REALTY LLC purchased the surgery center located across from the Lee Health campus on US 41 near downtown Fort Myers from Dixie Parkway Associates LLC for $6,000,000.00 on May 22, 2018. The surgery center was built in 2012. The building is approximately 8,991 SF, including 3 operating rooms a...
06/09/2018
NRD REAL ESTATE VENTURES GP LLC(Deleware Registered LLC) purchased the Ruby Tuesday's located on the campus of HealthPark in Fort Myers, FL  in May 2018 for  $2,667,450.00 from TMT33 LLC.The location of the site is: 9001 Park Royal Dr, Fort Myers, FL 33908Click here for link to Lee County Propert...
06/09/2018
PRESERVE EQUITY LLC sold a tract of land in Bonita Springs Florida to Mosaic Development LLC in May 2018 for $3,600,000.00. Additonallly, DEAN STREET 2005 LLC sold the adjacent parcel to Mosaic Development at Oak Creek for $2,340,000.00 in May 2018. The 17.5 acre project will offer both 273 multi...
06/09/2018
The SEAHORSE SHOPPING CENTER INC was sold on May 10, 2018 for $2,714,000.00 to SANIBEL WETFISH PARTNERSHIP L.L.C. according the the Lee County Property Appraiser.  The retail center is home to the Sporty Seahorse Shop, Lighthouse Cafe, Tuttle's and Pinocchio's . This center has been an icon of Sa...
06/09/2018
Fort Myers, FL based Chico's FAS, Inc , the American women’s clothing and accessories retailer sold a warehouse facility located at 10995 METRO PKWY FORT MYERS FL 33966 to  METRO PARKWAY WAREHOUSE, LLC in May 2018 for $2,700,000.00.Information about the facility can be located at the Lee County P...
06/09/2018
Wonder what this does to the people in Lee and Collier Counties whose jobs just don't pay enough to meet these type of increases?On the opposite side of the fence.....investors are winning if rental rates have continued to increase, vacancy rates declined, tenant retention is relatively stable, a...
05/17/2016
The Zemel family came to S Florida in the 1930's and started buying land, in some instances via tax certificate-deed sales. One of the largest undeveloped parcels in North Cape Coral (slightly over 1400 acres) just sold via Trustee auction for slightly over $3 million dollars to GA-Pinnacle LLC. ...
05/16/2016
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Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary