BREAKING COMMERCIAL REAL ESTATE NEWS
SOUTHWEST FLORIDA
WEEK OF JANUARY 13, 2020
Downtown riverfront site sold for $12.5 million"ESH Fort Myers, LLC, an investor group from Ohio, purchased the 5.3-acre riverfront parcel, formerly known as OneWest, at 2220 First Street in downtown Fort Myers." |
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Renovated convention center in Fort Myers gets new branding"“We now know the name of the newly renovated convention center in downtown Fort Myers. It's located next to the new Luminary Hotel currently under construction." |
Conference will focus on trends and challenges in commercial real estate"The Southwest Florida CCIM District hosts the 20th annual Commercial Real Estate Outlook Conference from 7:30 a.m. to noon Tuesday, Jan. 21, at the Hyatt Regency Coconut Point Resort & Spa." |
Troubling news for Lucky's, and what's the deal with the new inns, especially the Old Naples Hotel?"Remember that Lucky's Market you are always asking about and were promised at the Gateway Shoppes-North Bay at Tamiami Trail and Wiggins Pass Road? Well, not so fast." |
Pier 1 Imports stores in Southwest Florida appear to be safe for now"Pier 1 Imports stores in Southwest Florida appear to be safe — for now. On Monday, the struggling home decor retailer announced it would close about half of its stores." |
Sarasota, Fort Myers apartment development among tops in U.S."Commercial real estate research firm CoStar Group’s analysis of multifamily rental markets nationwide finds that two Gulf Coast submarkets — Sarasota and Fort Myers — are among the most active in the U.S. for development. The two cities have nearly 15% of their existing apartment inventory under construction at present." |