A & B Florida Ventures LLC Acquires Retail Property In Fort Myers For $13.2M

Located in Fort Myers, the retail property at 13741-13749 S. Tamiami Trail has been sold in a recent transaction. The property, spanning 65,688 square feet, was purchased by A & B Florida Ventures LLC from Market Square Owner LLC for a sale price of $13,200,000. With a price per square foot of $201, this transaction highlights the robust real estate market in Fort Myers.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $13,200,000
• Address: 13741-13749 S. Tamiami Trail
• Market: Fort Myers
• Buyer: A & B Florida Ventures LLC
• Seller: Market Square Owner LLC
• Broker: Jim Shiebler - Marcus & Millichap
• Square Footage: 65,688
• Price per Square Foot: $201

The transaction was facilitated by Jim Shiebler of Marcus & Millichap, representing the buyer. This successful deal not only demonstrates the buyer's commitment to expanding their portfolio in the Fort Myers retail market but also signifies the expertise and effectiveness of Jim Shiebler in negotiating property transactions.