Ward Fitzgerald Acquires Industrial Property In Fort Myers For $92.5M

The industrial property located at 16850 Oriole Road in Fort Myers was successfully sold for $92,500,000. The asset spans 453,940 square feet, resulting in a price per square foot of $204.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $92,500,000
• Buyer: Ward Fitzgerald - EQT Exeter
• Seller: John McGarvey, Jeff McGarvey & William Way - McGarvey Development Company
• Broker: Adam Palmer

The sale involved key individuals including Ward Fitzgerald representing EQT Exeter as the buyer, and John McGarvey, Jeff McGarvey, and William Way representing the McGarvey Development Company as the sellers. Adam Palmer served as the broker facilitating the transaction.