Market Updates
Sales & Leasing News
Agents with RE/MAX Realty Group’s Commercial Division recently reported the following sales and leases. All transactions are in Fort Myers unless otherwise noted.
LEASE
Sugden Park Plaza: 1,563± SF retail space located at 4270 Tamiami Trl E, Naples, FL to Arts and Hot Yoga by Glow. (Jennifer Horne, CCIM)
LEASE
Professional Properties of Nevada LLC: 10,362± SF of retail space in The Shoppes at Paddlecreek at 8750 Gladiolus Drive, Suite 9C, Fort Myers to One More Time Thrift Store. (Michael J. Frye, CCIM)
SALE
Gerd Land Development, LLC: 4.6± acres located at 625 SW Pine Island Rd., Cape Coral, FL for $890,000 to 701 SW Pine Island Rd, LLC. (Hal Arkin and Michael J. Frye, CCIM, Frye Commercial Group)
SALE
Nicolo Lagrasta Trust: 3.8± acres located at the corner of Leonard Blvd. and 2nd Str. W, Lehigh Acres, FL to Second Street Loan, LLC for $390,000. (Andrew Bauman, CCIM)
LEASE
Royal Palm Coast Holdings, Inc: Renewed 3,792± SF of space located at 2503 Del Prado Blvd. S, Unit 504 Cape Coral, FL to Insite Managed Solutions, LLC. (Michael J. Frye, CCIM)