News

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...

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....

Lee & Associates|Naples-Ft. Myers announces closed transactions for May 2022

FOR IMMEDIATE RELEASE Lee & Associates Announces Southwest Florida Transactions: FORT MYERS, Fla. (May, 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sale Butters SA, LLC purchased 274.24 acres known as Airport Interstate Commerce Park at 16200 Ben Hill Griffin...

The Changing Nature of Industrial Demand

The U.S. warehouse market is booming like the red-hot housing sector, as companies compete for scarce distribution space to meet surging e-commerce demand. The competition is driving up industrial rent as retailers and logistics providers race to move goods closer to population centers, with some engaging in bidding wars for the more coveted sites. Businesses...

Gulf Landing Logistics Center being developed after $40 million land deal near RSW

as published in Gulfshore Business Magazine BY DAVID DORSEY MAY 4, 2022 A $40 million land deal off Interstate 75 near Southwest Florida International Airport just closed. Coconut Creek-based industrial developer Butters and Canada-based property management company BentallGreenOak are partnering on Gulf Landing Logistics Center after purchasing almost 300 acres. Once completed, there will be about...

Lee & Associates|Naples-Ft. Myers Announces Closed Transactions for April 2022

FOR IMMEDIATE RELEASE Lee & Associates Announces Southwest Florida Transactions: FT. MYERS, Fla. (April, 2022) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today it recently completed the following transactions: Sale Heart Partners, LLC purchased a three-property portfolio totaling 65,030sf (consisting of a shopping center and an office building...

Lee & Associates/Naples-Ft. Myers announces closed transactions for March 2022

FOR IMMEDIATE RELEASE: Sale Santa Barbara – Naples Owner, LLC purchased 15.08 acres at 4670 Santa Barbara Blvd., Naples from Strohl Family, LLC for $10,500,000. Bill Young and Biagio Bernardo of Lee & Associates|Naples-Ft. Myers negotiated the transaction. 4222/44 Edison Avenue Property LLC purchased a 36,240sf building on 1.85 acres in the Eastern Industrial Park...

Lee & Associates|Naples-Ft. Myers Announces Closed Transactions for January & February 2022

FOR IMMEDIATE RELEASE: Sale Shaked Properties, LLC purchased a 72,233sf building on 5.43 acres at the Santini Marina Plaza at 7205 Estero Blvd., Ft. Myers Beach from WCSJRII Corp. for $18,600,000. Bill Young and Biagio Bernardo of Lee & Associates|Naples-Ft. Myers negotiated the transaction. OLP Global Fort Myers FL LLC purchased a 41,910sf building on...