Construction starts on $220 million Sarasota cancer center

In the week's top commercial real estate news, a Sarasota gas station is sold, a St. Pete office building brings $7.9 million, and an apartment complex opens in Fort Myers.

By Louis Llovio
| 5:00 a.m. November 19, 2023
| 0 Free Articles Remaining!

A groundbreaking was held Nov. 15 for Sarasota Memorial Hospital's new cancer pavilion.

Florida

Naples/Fort Myers

Storage space: A 16,553-square-foot storage facility in Naples has sold. According to the Fort Myers commercial real estate firm LQ Commercial, which represented the buyer, the property at 8243 Key Royal Circle was bought by an LLC named All Purpose Storage Naples. It paid $1.06 million. Collier County records list All Purpose’s address as being in Illinois. The seller is GL and L Holdings, which paid $800,000 for the facility in 2021. The records show the 111-unit, one-story facility was built in 2002 and sits on 0.83-acres.

Construction has finished and leasing has begun at the 288-unit Springs at Daniels Parkway.

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Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.