Scutt el Blog

MarketQwest Southwest FL - January 13th

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."

Read the full Florida Weekly Article here

DT Land

 DT Convention Center

 

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."

Read the full Fox 4 Article here

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."

Read the full Florida Weekly Article here

CCIM

Luckys

Troubling news for Lucky's, and what's the deal with the new inns, especially the Old Naples Hotel?

Read the full Naples Daily News Article here

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."

Read the full Naples Daily News Article here

Pier 1

Lee County Land Knott

Maryland firm buys major Lee County site 

“Knott Realty Group and the affiliated James F. Knott Development Corp., of Timonium, Md., purchased nearly 123 acres in Lee County for $5.7 million, the latest in a series of land purchases in recent years.  

Read the full Business Observer Article here

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."

Read the full Business Observer Article here

Sarasota - FM - Apartments

 

Recent Posts