L.B. Andersen & Co Acquires Industrial Property In Fort Myers For $4.4M With Justin Thibaut As Buyer's Rep

A 22,557-square-foot industrial building located at 5719 Corporation Circle in Fort Myers, Florida has been sold for $4.4 million. The property was previously owned by Rogan Amalgamation since 2001, when it was purchased for $872,500. The price per square foot for this transaction is $195.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,400,000
• Address: 5719 Corporation Circle
• Market: Fort Myers
• Buyer: L.B. Andersen & Co
• Seller: Rogan Amalgamation
• Buyer's Representative: Justin Thibaut - LSI Companies
• Seller's Representatives: Derek Bornhorst & Adam Bornhorst - CBRE
• Square Footage: 22,557
• Price Per Square Foot: $195

This transaction involved a group of LLCs associated with L.B. Andersen & Co. The buyer was represented by Justin Thibaut from LSI Companies, while the seller was represented by Derek Bornhorst and Adam Bornhorst from CBRE.