Collier Place Owner LLC Acquires 60,000 Square Foot Office Complex In Naples For $23.26M
3001 Tamiami Trail North
$23,260,000
$387/SF
Building Size
60,000 SF
Asset Type
Office
Closing
Jun 23, 2026
AI
The transaction involved Collier Place I and II, a two-building office complex located at 3001 9th Street North in Naples, FL. The asset totals 60,000 square feet and was sold for $23,260,000, equating to a price per square foot of $388. The property was reported to be 97% leased at the time of sale.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $23,260,000
- Square Footage: 60,000
- Price Per Square Foot: $388
- Buyer: Collier Place Owner LLC
- Seller: Collier Place Holdings LLC
- Brokers: Alex Henderson, Max Molloy & Sawyer Gregory - LSI Companies
- Market: Naples, FL
- Date of Transaction: 06/23/2026
LSI Companies brokers Alex Henderson, Max Molloy, and Sawyer Gregory represented Collier Place Holdings LLC in this transaction. The sale highlights a significant gain from the property's previous sale price in 2019, reflecting ongoing investor interest in stabilized office assets within the Southwest Florida market despite national challenges in the office sector.
Players
Saint Maries Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93