Avow Real Estate Inc. Acquires 2.78 Acre Development Site In Fort Myers For $3.3M

Avow Real Estate Inc. purchased a 2.78-acre development site located at 14590 Hope Center Loop in Fort Myers, FL, for $3,300,000. The site will be developed into a 40,000-square-foot healthcare facility.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,300,000
• Address: 14590 Hope Center Loop
• Market: Fort Myers, FL
• Acres: 2.78
• Building Square Footage: 40,000
• Price Per Building Square Foot: $83
• Buyer: Avow Real Estate Inc.
• Seller: Hope Preserve One
• Buyer's Representative: Chip Olson - RE1 Advisor
• Seller's Representatives: Justin Thibaut & Christi Pritchett - LSI Companies

This transaction involves Avow Real Estate Inc. planning to establish an inpatient hospice house, an outpatient palliative care clinic, grief support, home health services, and dedicated space for Avow’s care teams as part of their development project.