Scutt el Blog

MarketQwest Southwest FL - April 6th

BREAKING COMMERCIAL REAL ESTATE NEWS
SOUTHWEST FLORIDA
WEEK OF APRIL 6, 2020


 Naples Soap

Coronavirus isn't all bad for businesses in Southwest Florida

"The company is "sitting on as much inventory as we've ever had," with some products selling more than others online — and closed stores filled with merchandise they can't sell off until they can safely reopen."

Read the full News Press Article here

Tenants in Publix-owned shopping centers breathe sighs of economic relief

"The relief package from Publix will include waiving rent for two months and waiving payments for common area maintenance fees and taxes, regardless of the tenant’s access to other relief or assistance, according to a news release from Publix director of communications Maria Brous."

Read the full News Press Article here

Publix-1

 Sprouts

A little delayed, but Sprouts is sprouting in Southwest Florida; latest real estate numbers; and what did Tom Golisano say?

"Not the original timeline with coronavirus and everything else going on in the world, but Sprouts is proceeding with plans to open at 7 a.m. June 3 in the Estero Grande development."

Read the full Naples Daily News Article here

Developers nervous as Lee County delays project approval hearings

"A proposal for another mixed-use development near Southwest Florida International Airport are going back on the shelf for a while, the result of a Lee County decision to back off on scheduled public hearings on new projects."

Read the full News Press Article here

Alico Proposal

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