Collier Place Holding Sells Naples Office Complex For $23.26M With LSI Companies As Brokers

A Naples, Florida office complex—Collier Place 1 and 2—sold for $23.26 million to a local investor group. The asset encompasses 60,572 square feet and is situated on 3.6 acres at 3001 9th St North, with a current occupancy rate of 97% and approximately 15 tenants.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $23,260,000
• Square Footage: 60,572
• Price Per Square Foot: $384
• Address: 3001 9th St North
• Market: Naples, FL
• Seller: Collier Place Holding
• Brokers: Max Molloy, Alex Henderson & Sawyer Gregory - LSI Companies

Broker Max Molloy, alongside Alex Henderson and Sawyer Gregory, highlighted that this transaction reflects ongoing investor demand for Class A office space in core Naples despite overarching challenges within the office sector.