FOR IMMEDIATE RELEASE

Lee & Associates Announces Southwest Florida Transactions:

FT. MYERS, Fla. (October, 2021) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions:

Sales

TT of Naples, Inc. purchased a 25,635sf retail building on 1.72 acres known as the Trail Shopping Center at 710 9^th St., N. Naples from M & T Enterprises, Inc. for $8,500,000. TT of Naples purchased the center for investment purposes. Bill Young, Biagio Bernardo and Brock Rasmussen of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

READ Partnership purchased a 60,000sf building on 9.9 acres at 3524 S. Canal Road, Lansing, Michigan from Canal Ventures, LLC & Aspen Property Management, LLC for $3,950,000. Jeff Buckler, SIOR of Lee & Associates|Naples-Ft. Myers and Andrew Wiesemann of Canton Commercial Real Estate Group negotiated the transaction.

Real Estate Holdings, LLC purchased a 9,060sf building on a half-acre in Golden Gate at 12445 Collier Blvd., Naples from MM and JD Holdings, LLC for $1,385,000. Bill Young and Biagio Bernardo of Lee & Associates| Naples-Ft. Myers represented the seller and Michelle Messina of Naples Trust Real Estate Services, LLC represented the buyer in the transaction.

Cooper Crane Holdings, LLC purchased a 5,000sf covered, open-air warehouse on 1.2 acres in East Stadler Farms at 2925 Warehouse Rd., Ft. Myers from 2925 Warehouse Rd, LLC for $610,000. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR and Jerry Messonnier, SIOR of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

Leases

American Dream Moving & Storage, Inc. leased 9,400sf space in South Metro Park at 13050 Metro Pkwy., Unit 2, Ft. Myers from Unity General Investments, Inc. Brock Rasmussen and James Walls of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

Diversified Plumbing Services of SWFL, Inc. leased 6,855sf space at 534 Meadow Rd., Lehigh Acres from SMFI II, LLC. Brock Rasmussen of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

 Xando Energy LLC leased a 6,250sf space in South Trail Industrial Park at 5925 Youngquist Rd., Ft. Myers from Forefront Florida I, LLC. Brock Rasmussen of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

Door Number 3, LLC leased a 5,658sf industrial space in the Southwest Florida Business Center at 7830 Drew Cir., Ft. Myers from Carroll Partnership, LLP. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR, Jerry Messonnier, SIOR and Meaghan Schmitt of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

P-Fit North Naples leased 4,500sf space in the Collier Center Way at 1040 Collier Center Way, Unit 14-17, Naples from Forefront Collier Venue LLC. Brock Rasmussen and James Walls of Lee & Associates|Naples-Ft. Myers negotiated the transaction.

DSI General Contractors, Inc. leased a 1,350sf retail space in Pelican Plaza at 713 Bald Eagle Dr., Ste. 797, Marco Island from 102 Development Company, LLC. Bill Young and Biagio Bernardo of Lee & Associates| Naples-Ft. Myers negotiated the transaction.

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