Lee & Associates|Naples-Ft. Myers Announces Closed Transactions for October 2022
FOR IMMEDIATE RELEASE Lee & Associates Announces Southwest Florida Transactions: FT. MYERS, Fla. (Oct. 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sales Casa Napoli, LLC purchased 3.61 acres at the northwest corner of Alico Rd. and Domestic Ave., Ft....
Q3 2022 Economic Reports Released
GDP GROWTH The nation’s gross domestic product (GDP) grew at an annual rate of 2.6% in the third quarter, a reversal from six previous months of decline. Although the Commerce Department data was better than forecast, there are expectations the economy will weaken under the strain of high inflation and rising interest rates. There were...
Lee & Associates|Naples-Ft. Myers Announces Closed Transactions for Sept. 2022
FT. MYERS, Fla. (Sept. 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sales 4227 Progress, LLC purchased a 44,500sf single-tenant building on 2.27 acres at 4227 Progress Ave., Naples from WC Huff Ventures, LC for $9,750,000. Brock Rasmussen represented the...
Lee & Associates|Naples-Ft. Myers Announces Closed Transactions for August 2022
FT. MYERS, Fla. (August, 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sale HCC Fort Myers, LLC purchased 33.21 acres in Highland Commerce Center of Fort Myers at 16500 Oriole Rd., Ft. Myers from Alico 73, LLP for $11,573,020. A...
Amazon and The State of Industrial Real Estate
Since 2013, the rise of e-commerce has caused such an enormous boom in industrial real estate that it has become the preferred asset class of many commercial real estate investors. At the heart of the e-commerce revolution has been Amazon. Even before the pandemic, the firm had around 192 million square feet of warehouse, data...
Inflation, the Economy, and Commercial Real Estate
In June and July of this year, the Fed raised the interest rate at the fastest pace in forty years: it raised the federal funds rate 75 basis points (bps) at each open market committee meeting. Why did it do so, and what do its actions and current economic data say about the economy? This...
Lee & Associates|Naples-Ft. Myers Announces Closed Transactions for July 2022
FT. MYERS, Fla. (July, 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sale Aquabella Development Group, LLC purchased 176.73 acres known as Copperhead Golf Community at 20910 Copperhead Dr., Lehigh Acres from RR Copperhead LLC for $16,500,000. Bill Young and...
?Q2 2022 Economic Report Released
The U.S. economy contracted for the second straight quarter as a tightened monetary policy and high inflation took more steam out of consumer spending. The Commerce Department said the nation’s Gross Domestic Product (GDP) – the value of all goods and services sold – fell by a 0.9% annualized rate in the second quarter. The...
How Property Owners Can Minimize Their Taxes Through Cost Segregation
In the words of Ben Franklin, “In this world nothing can be said to be certain, except death and taxes.”1 In preparation for the next tax season, this report will explain how property owners, whether commercial or residential, can mitigate and reduce their tax liability by using a little-known IRS-approved accounting technique called cost segregation....
Lee & Associates|Naples-Ft. Myers Announces Closed Transactions For June 2022
FOR IMMEDIATE RELEASE Lee & Associates Announces Southwest Florida Transactions: FT. MYERS, Fla. (June 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sale Best Box Ft. Myers FL Tamiami LLC purchased 9.74 acres at 15805 S. Tamiami Trail S., Ft....
The Naples – Ft Myers office was established in 2011 in response to the explosive growth in Southwest Florida and is now recognized as one of the most successful commercial brokerage firms in Southwest Florida. We are backed by the resources of the largest broker-owned firm in the nation. Each of our nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national network which includes 59 offices and nearly 1,000 brokerage professionals. These resources, combined with the office’s in-depth research capabilities and cutting-edge technology, enables our professionals to offer their clients the highest level of service in the industry.
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