PASSCO Companies LLC Acquires Property From Continental Properties Company Inc For $53.5 Million

The property involved in this transaction is located at 11221 Everblades Parkway, Estero, FL, within the Estero market. The transaction was finalized for a price of $53,500,000.00 and encompasses a total square footage of 223423.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $53,500,000.00
• Seller: Continental Properties Company, Inc
• Buyer: PASSCO Companies, LLC
• Seller's Representative: Jonathan Barclay - JBM Institutional Multifamily Advisors

This transaction highlights the involvement of key players, with PASSCO Companies, LLC acquiring the property. The proceedings were facilitated by Jonathan Barclay representing the seller, Continental Properties Company, Inc, signifying a collaboration of notable entities within the real estate sector.