Market Updates
Sales & Leasing News
Michael J. Frye, CCIM and the Frye Commercial Group recently reported the following sales and leases. All transactions are in Fort Myers unless otherwise noted.
SALE
Royal Palm Coast Holdings, Inc: 55,499± SF building located at 2503 Del Prado Blvd S, Cape Coral, FL for $5,250,000. (Michael J. Frye, CCIM and the Property Management Team of Rachael Guertin and Cindy Stratton)
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)