Forager Real Estate Partners Sells Industrial Asset In Naples For $21.5 Million

The property asset involved in the transaction is located at 4755-4795 Mercantile Avenue in Naples, classified as Industrial. The sale price was set at $21,500,000, encompassing a total square footage of 88,000, which translates to a price per square foot of $244.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,500,000
• Square Footage: 88,000
• Price Per Square Foot: $244
• Seller: Forager Real Estate Partners
• Brokers: Zach Levine, Douglas K. Mandel & Cody Hershey - Marcus & Millichap
• Date of Sale: 01/14/2026
• Address: 4755-4795 Mercantile Avenue
• Market: Naples

The transaction was facilitated by brokers Zach Levine, Douglas K. Mandel, and Cody Hershey, representing the seller, Forager Real Estate Partners. These brokers played a crucial role in the successful completion of the deal, ensuring all aspects were managed effectively through their agency, Marcus & Millichap.