Lantana Charter Acquires Office Assets In Naples & Fort Myers For $14.85M

A commercial office property located at 1415 Panther Lane and 5237 Summerlin Commons Blvd in Naples and Fort Myers was recently sold for a price of $14,850,000. The property spans a total area of 79,676 square feet, resulting in a price per square foot of $186. The transaction took place on November 15, 2021, and involved the buyer Lantana Charter, represented by Paul Burrell, and the seller Barry Bender. The brokerage firm Marcus & Millichap, with Douglas K. Mandel as the broker, facilitated the deal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $14,850,000
• Square Footage: 79,676
• Price per Square Foot: $186
• Market: Naples & Fort Myers

Douglas K. Mandel, a representative from Marcus & Millichap, played a pivotal role in the transaction as the broker. Their expertise and negotiation skills contributed to the successful completion of the deal between Lantana Charter, led by Paul Burrell, and the seller, Barry Bender.