SOLD
CRC Cos. Acquires Office Asset In Naples For $55.5M
5801 & 5811 Pelican Bay Boulevard
Office
177,600 SF
177,600 SF
Summary
Sale
FLORIDA
Office
177,600 sqft
The office property located at 5801 & 5811 Pelican Bay Blvd in Naples has been sold in a closed transaction. The property spans across 10 acres and is categorized as an office space. The transaction took place on 12/29/2021.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $55,500,000
- Square Footage: 177,600
- Price per Square Foot: $313
- Address: 5801 & 5811 Pelican Bay Blvd
- Market: Naples
CRC Cos. acquired the property from Steelbridge Capital, Square2 Capital, and Apollo Global Management. Patrick Fraley from Investment Properties Corp. represented the buyer in the transaction. On the other side, Chris Drew, Hermen Rodriguez, Ike Ojala, and Matthew McCormack from JLL represented the sellers.
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Details
SOLD
IMAGE: Chris Drew, Ike Ojala, Patrick Fraley, Hermen Rodriguez & Matthew McCormack
DATE: 12/29/2021
ADDRESS: 5801 & 5811 Pelican Bay Blvd
MARKET: Naples
ASSET TYPE: Office ~ ACRES: 10
BUYER: CRC Cos.
SELLER: Steelbridge Capital, Square2 Capital & Apollo Global Management
BUYER'S REP: Patrick Fraley - Investment Properties Corp.
SELLER'S REP: Chris Drew, Hermen Rodriguez, Ike Ojala & Matthew McCormack - JLL
SALE PRICE: $55,500,000
SF: 177,600 ~ PPSF: $313View on map
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Address5801 & 5811 Pelican Bay Boulevard
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