Henry Steinberg Of EQT Exeter Acquires 500000 SF Industrial Campus In Fort Myers For $87M

The industrial property located at 16670 & 16680 Oriole Road in Fort Myers was sold for $87,000,000. This asset encompasses 500,000 square feet on a 34-acre site. The transaction was completed on May 13, 2025, and the property is fully leased, consisting of two buildings with modern specifications and 170 trailer parking spaces.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $87,000,000
• Square Footage: 500,000
• Price per Square Foot: $174
• Buyer: Henry Steinberg - EQT Exeter
• Seller: Zack Markwell - Stonemont Financial Group; Brandon Geis - Geis Development
• Broker: Hassan Mahmood - KBS Advisors
• Acquisition Date: May 13, 2025
• Market: Fort Myers
• Acreage: 34

The deal involved key stakeholders, including Henry Steinberg representing EQT Exeter, which acquired the property. The sellers comprised Zack Markwell of Stonemont Financial Group and Brandon Geis of Geis Development. The transaction was facilitated by broker Hassan Mahmood from KBS Advisors.