Dear Friends and Clients,

As we move into the 2nd Quarter of 2019, we look forward to a good year ahead. The economy looks strong as we benefit from the longest 10-year expansionary period in history. The job market remains strong with low unemployment.

It is with sincere sympathy we acknowledge the passing of Commissioner Larry Kiker who worked tirelessly for the citizens of Lee County. He will be missed.

Sincerely,
Gary Tasman
CEO & Principal Broker

1Q MarketBeat Reports

 

Navigating the Southwest Florida commercial real estate market and economic indicators affecting its performance can be a challenging task. Cushman & Wakefield | Commercial Property Southwest Florida offers quarterly MarketBeat reports to help you stay ahead of the real estate curve.

MarketBeat reports offer trends, insights and forecasts on all segments of the commercial real estate market in the region. They provide answers to questions such as the current state of the market, and where the real estate market is going. Q1 2019 reports are now available. Download a free copy today.

What’s Happening in Commercial Real Estate

Watch the yeild curve. _Page_01

If you would like to read more
about the state of the economy,
Click Here to Download the Report

Cushman & Wakefield named by Forbes as one of America's Best Large Employers of 2019.

Cushman & Wakefield named by Forbes as one of
America’s Best Large Employers of 2019.
Click Here to Read More

Community Fun

Junior Achievement 2019

Cushman & Wakefield  | Commercial Property SWFL participated in the Junior Achievement Business Hall of Fame on April 18, 2019. We are excited to support Junior Achievement of Southwest Florida because it aligns with our social responsibility to arm our youth with the tools to compete on a global platform. We help develop better stewards of our local and global economy by supporting our youth.

International Women’s Day 2019

Cushman & Wakefield | Commercial Property SWFL participated in International Women’s Day on March 8, 2019 with a watercooler talk about the challenges for Women in Power. It was a great opportunity to get to know each other and the professional challenges we share.

Wanderlust 2019

Cushman & Wakefield | Commercial Property SWFL was a sponsor of Wanderlust 2019 on April 13, 2019 to benefit the Florida Gulf Coast University Resort and Hospitality Management Program. The Funds raised provide financial assistance, scholarships and resources so graduates are on the forefront of the hospitality industry.

SIGNIFICANT SALES AND LEASES

661 Logan Boulevard N, Naples – $1,225,000 from Beechwood Land Trust – Lane Boy

Primrose School Franchising Co – 10350 Corkscrew Commons Drive, Estero – $1,000,000 from Gogan Investments LLC. – Gary Tasman/Shawn Stoneburner

RD Ramadon Inc.: 2664/2686 Crag Street – $355,000 from 4477 Duncan LLC. – John Albion

Corkscrew Tree, LLC – $348,000, 21999 Carter Rd., Estero – 40 acres, vacant agriculture land – Lane Boy

Morgan Auto Group, LLC, – $551,000, Corporate Park Circle, 3.08 Acres, – Gary Tasman/Lane Boy

Top 1% Coaching, LLC: 6,394sf of office space for a lease term of 2 years at 12651 McGregor Blvd. from Gulf Stream West, LLC. – Gary Tasman/Gretchen Smith

Florida Media Group, LLC: 5,400 sf of office space for a lease term of 5 years at 2891 Center Point Dr., from CITEC Florida, LLC. – Gary Tasman/Gretchen Smith

NEW LISTING ASSIGNMENTS

(Click on address to download flyer)

SALES

9990-9994 University Plaza Dr. Ft. Myers, FL 33912 – Sale – $4,800,000 – Fully Leased Retail Outparcel at Gulf Coast Town Center – 6.34% CAP Rate– Zoned Community Shopping Center- Gary Tasman/Shawn Stoneburner

5611 & 5631 Six Mile Commercial Court, Marlins Plaza, Fort Myers, FL 33912– Sale – Price Lowered to $6,950,000- Zoned MPD- Mixed Use Retail- 14,660 SF- 6.54% CAP Rate- Gary Tasman/Shawn Stoneburner

17280 Jean St., Ft Myers, FL 33967 – Sale – $815,000 – Flex Property on 3.45 Acres & 2400 of Office/Warehouse – Zoned IG – Gary Tasman/Shawn Stoneburner

15100 & 15120 Elderberry Ln., Ft Myers FL 33907 -Sale – $1,174,000 – Land 2.45 Acres – Zoned CC – John Albion

3645 Gateway Ln., Naples, FL 34109 – Former Harley Davidson Dealership consisting of a 29,901 SF building/showroom/shop on 2.68 Acres – Sale – $7,500,000 – Gary Tasman/Shawn Stoneburner

1745 & 1765 Heritage Trail, Naples, FL 34112 – Medical Office Buildings – Approx. 5,238 sf in each building, $1,250,000 – Lane Boy

8496 Rattlesnake Hammock Rd., Naples, FL 34114 – Land – 15 Acres – $1,800,000– Lane Boy

4329-4369 Tamiami Tr., Port Charlotte, FL 33980, $4,900,000 – Zoned CG – Building 5,783 SF on 4.85 Acre Lot – Shaune Freeland

 

LEASES

12451 Gateway Blvd, Fort Myers, FL 33913 – Lease -Lowered Rate to $8.75-10 PSF – Zoned PUD – up to 68,025 SF Available – Gary Tasman/Shawn Stoneburner

10070 Daniels Interstate Ct., Fort Myers FL 33913 – Suite 150 – 1,832 SF – Leasing – $15 NNN $8.10 CAM – Office – Gary Tasman/Shawn Stoneburner

PROPERTY MANAGEMENT WINS

784 Arnold Ave, Naples, FL 34104-One- Story -Industrial -14,400 Total SF – 9 Units – Each unit is 1600 sf and has 400 sf office space-Gladiolus Property Holding Company, LLC – Richard King

25221 Bernwood Dr, Naples, FL 34135 -OLD 41 SHOPPES-One Story-Industrial Property Flex space-13,001-13 Units-Bonita Shoppes Property Holdings Company, LLC  – Richard King

1525 Hendry St., Fort Myers, FL 33901 -14,584 SF – 2 Story Office building – Single tenant – Full-Service Management – Richard King/Alex Adams