Commercial agents with the office of CB Richard Ellis, Ft. Myers/Naples, recently transacted the following sales and leases.
SALES
•   72-Unit Bulk Sale: At The Reserve at Naples, a 300-unit condo conversion community near Pine Ridge Rd. and I-75 in north Naples. An all-cash buyer paid $3.2 million for the 72 units, which had remained unsold since the converter purchased the property in 2005. (Jonathan Richards and Ann Bailey represented the seller.)
•   William B. Austin, Inc.: 4,200sf office/warehouse on 2.26-acres at 8100/8140/8200 Bayshore Rd. and 17261 West St., North Fort Myers, from Tri Circle Holding, Inc. for $800,000. (The seller, represented by Stan Stouder, CCIM, will lease back the property.)
•   MPN2, LLC: 2,045sf retail condo with 350sf patio in Burnt Pine Plaza, 24940 S Tamiami Trail, Bonita Springs, from BB&T Bank for $335,000. The buyer intends to use the space for a restaurant. (Fred Kermani, CCIM, represented the seller and Nick Lopardo of Prudential Florida Realty represented the buyer.)
LEASES
•   Creative Cabinet Installation of Lee County, Inc.: 11,700sf in Metro Distribution Center, 4051 Warehouse Rd., Fort Myers, from BLS Holdings, LLC. (Stan Stouder, CCIM)
•   The Keiser School, Inc.: 9,777sf at 3800 Colonial Blvd., Fort Myers, from 3800 Colonial Blvd., LLC. (Enn Luthringer, CCIM, Ann Bailey, CCIM, and Jonathan Richards)
•   Keller Williams Realty: 6,850sf renewal/expansion in Pelican Plaza, 717 Bald Eagle Dr., Marco Island, from 102 Development Co., LLC, and RAR-1, LLC. (Bill Young)
•   Omega Garage Door, Inc.: renewed 5,800sf in Metro Distribution Center, 4010 Warehouse Rd., Fort Myers, from BLS Holdings, LLC. (Stan Stouder, CCIM)
•   RJB & Co.: renewed 60,000sf in Metro Distribution Center, 3991 Sivan Rd., Fort Myers, from BLS Holdings, LLC. (Stan Stouder, CCIM)
•   Cardinal Management Group of Florida, Inc.: 2,928sf in The Offices at Hammock Cove, 4670 Xeric Ln., Naples, from Hammock Cove, LLC. (Doris Taylor)
•   M4 Family Office, LLC: 1,611sf in Newgate Center, 5150 Tamiami Trail N. in Naples, from Executive Development Corporation, Inc. (Scott Dunnuck and Doris Taylor)
•   Fire-Line Ammunition & Firearms, Inc.: 1,200sf at 1904 Boyscout Dr., Fort Myers, from Stephen W. Haywood, Trustee. (Scott Miller)
•   Infrasource: 1,200sf industrial space at 2227 Murphy Ct., North Port, from Matt Uebelacker. (Ron Struthers and Tim Schneider)
•   Studio MG, Inc.: 1,000sf industrial at 28731 S. Cargo Ct., Bonita Springs, from Collier District, LLC. (Doris Taylor)
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