MMRE Acquisitions LLC Purchases Southbrooke Medical Campus In Naples From Gault Family Companies For $20.4M

The property asset involved in the transaction is a medical office located at 6750 & 6770 Immokalee Road in Naples, FL. The sale was completed for a price of $20,400,000, encompassing a total of 40,000 square feet and a price per square foot of $510.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $20,400,000
• Buyer: MMRE Acquisitions LLC
• Seller: Gault Family Companies
• Broker: Penny Wickey - Saugatuck Commercial Real Estate
• Sale Date: 05/26/2026
• Market: Naples, FL
• Square Footage: 40,000
• Price per Square Foot: $510

Penny Wickey from Saugatuck Commercial Real Estate was instrumental in the transaction, having represented Gault Family Companies throughout the six-year project lifecycle. She oversaw the acquisition of the 5.2-acre site in 2020, led the development and lease-up to full occupancy by mid-2024, and facilitated the final disposition in the first quarter of 2026.