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This Week in Real Estate: July 1-6

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Lead Photo: EDGE-designed custom cabinetry featured in the kitchen of a recently remodeled condominium within Park Shore’s Aria high-rise.

 

RESIDENTIAL

 

MK ARCHITECTURE DESIGNS MODELS FOR FL STAR DEVELOPMENT

MK Architecture has been selected to design single-family models for FL Star Development in Collier County. Multiple models have been designed, ranging from 1,700 square feet to 2,100 square feet in the communities of Arrowhead Reserve, Sapphire Cove and Golden Gate Estates. More than 800 homes have been sold or are under construction.

 

COMMERCIAL

 

NAPLES LAND SELLS FOR $24.6 MILLION

SD San Marco LLC purchased 105 acres at 9220 Collier Blvd., Naples, from Winchester Land LLC for $24.6 million, or $234,285 per acre. Dan Guoan of CRE Consultants brokered the transaction.

 
NAPLES OFFICE SPACE ACQUIRED FOR $2.6 MILLION

WETY Holdings LLC purchased approximately 12,660 square feet of office space located at 1020 Eighth Ave. S., Naples, from Ocean Avenue LLC for $2.9 million. David J. Stevens, CCIM and Robert E. Carroll, CCIM, MAI of Investment Properties Corp. negotiated this transaction.

 
ESTERO RESTAURANT SPACE PURCHASED FOR $1.775 MILLION

Plasro LLC bought 4,898 square feet of restaurant space from CCB VI LLC located at 10391 Corkscrew Commons Drive, Estero, for $1.775 million. Rob Carroll, CCIM, MAI and Patrick Fraley of Investment Properties Corp. negotiated this transaction.

 
FORT MYERS INDUSTRIAL BUILDING BOUGHT FOR $1.213 MILLION

VSMGMT Investments LLC purchased a 12,747-square-foot industrial building at 12350 Metro Parkway, Fort Myers, from American Fidelity Corp. for $1.213 million. Randal Mercer of CRE Consultants represented the seller.

 
NAPLES OFFICE CONDO PURCHASED FOR $427,000

Patrick M. Reidy and/or Assigns purchased a 2,400-square-foot office condo at 1000 Ninth Street N., Suites 201 and 202, Naples, from Red Pine Florida Medical LLC for $427,000. Dave Wallace, CCIM, SIOR and David Wallace of CRE Consultants represented the seller and Jay Crandall of Crandall Commercial Group represented the buyer in negotiating the transaction.

 
STORAGE SPACES SELL IN BONITA SPRINGS

Bonita Breeze Development LLC has sold several 880-square-foot storage spaces in the Bonita Automotive Condominiums in Bonita Springs. Thaddeus Deitriech purchased storage space at 27912 Bonita Breeze Way, Suite 301, for $299,000. Mike Fasching purchased storage space at 27901 Bonita Breeze Way, Suite 405, for $297,000. Mark Vroman purchased storage space at 27906 Bonita Breeze Way, Suite 202, for $294,500. Jim Clemmer purchased storage space at 27901 Bonita Breeze Way, Suite 406, for $289,000. Bill Young, Biagio Bernardo and Michael Mahan of Lee & Associates | Naples-Ft. Myers negotiated the transactions.

 
MARCO ISLAND LOT ACQUIRED FOR $175,000

Best Homes Builder at Golden Gate LLC purchased a 0.28-acre lot at 10 Covewood Court, Marco Island, from Luc Christian Mazzini for $175,000. Fred Kermani, CCIM, AIA of CRE Consultants represented the seller and Tony Arias of OK Realty represented the buyer in negotiating the transaction.

 
RENOVATION PROJECT BEGINS AT VANDERBILT BEACH PARKING GARAGE

The Collier County Parks and Recreation started renovating the decks and trellis of the Vanderbilt Beach parking garage last week in North Naples. The project will continue through October. The parking garage, located at 100 Vanderbilt Beach Road, will remain open during the renovation. Areas of the parking garage will temporarily close during different phases of the renovation, but most parking areas will remain available for park visitors.

SEAGATE BREAKS GROUND ON WHITE CAP CONSTRUCTION SUPPLY

Seagate Development Group has broken ground on a 9.71-acre, 45,000-square-foot facility for White Cap Construction Supply. The national building materials supplier’s design-build project is under construction at 16542 Oriole Road in Fort Myers. Crews are now clearing and filling the site and preparing the two building pads for the foundation and slabs. Within the next two months, they will complete all the required infrastructure and drainage. Seagate will also erect an 18,000-square-foot metal structure for steel fabrication, complete with an overhead crane and steel-bending machines. The main building will feature a 32,990-square-foot warehouse, an open-area conference room, a break room and a showroom. Seagate is slated to complete the facility in mid-October and turn it over before month’s end. PDS Architecture is the architect on the White Cap project, while Quattrone & Associates is the civil engineer.

 

LEASES

 

Hickox Brothers Marine Inc. leased 4,800 square feet of industrial space at 8399B Littleton Road, North Fort Myers, from GBA Littleton 57 LLC. Gary Tasman and Shawn Stoneburner of Cushman & Wakefield | Commercial Property Southwest Florida handled the landlord in negotiating the transaction.

 

Renew Church leased 4,550 square feet of office space at 1910 Courtney Drive, Fort Myers, from Miracle Plaza FM LLC. Gretchen Smith of Cushman & Wakefield | Commercial Property Southwest Florida handled the landlord in negotiating the transaction.

 

Townsend Title Insurance Agency leased a 2,845-square-foot office space at 14421 Metropolis Ave., Suite 103, Fort Myers, from Metropolis SWFL LLC. Randal Mercer of CRE Consultants represented the lessor and Rob Greig of Jo Hardwick Realty Inc. represented the lessee in negotiating the transaction.

 

Matthew Bonfitto leased a 1,580-square-foot industrial space in Collier Park of Commerce at 2960 Horseshoe Drive S., Unit 100, Naples, from Helios Colliers LLC. Dave Wallace, CCIM, SIOR and David Wallace of CRE Consultants negotiated the transaction.

 

RK Burns Surveying Inc. leased 1,361 square feet of office space at 3507 Lee Blvd., Lehigh Acres, from Lehigh Office, LLC. Gretchen Smith of Cushman & Wakefield | Commercial Property Southwest Florida handled the landlord and tenant in negotiating the transaction.

 

Wellington Contracting LLC leased a 1,015-square-foot space in the North Collier Industrial Center at 1040 Collier Center Way, Suite 8, Naples, from Forefront Collier Venture LLC. Brock Rasmussen and James Walls of Lee & Associates | Naples-Ft. Myers negotiated the transaction.

 

ON THE MOVE

 

EDGE Cabinet and Space Creators has expanded to include residential and commercial interior design services to clients throughout Southwest Florida. The company, which will now be known as EDGE, will continue to provide its original services, including custom cabinetry, closets, millwork and inspirational space planning. The company has named Adriene Ged lead interior designer, to work alongside architectural coordinator Karen Velasco-Carter, lead cabinet designer David Cureton and design assistant Nikole Richards.

 

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