Four Corners Development Group Acquires Multifamily Property In Naples, FL For $26.5M

The multifamily property located at 4300 Green Blvd in Naples, FL has been sold. The transaction took place on March 14, 2023. The property spans 150,000 square feet and was sold for a price of $26,500,000, resulting in a price per square foot of $177.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $26,500,000
• Address: 4300 Green Blvd, Naples, FL
• Market: Naples, FL

The buyer in this transaction is Four Corners Development Group, represented by Jason Wisotsky. The seller is Kanesville Capital. The brokerage firm responsible for facilitating the sale is JBM® Institutional Multifamily Advisors, with Jamie May serving as the broker.