Downtown mixed-use site sold for $7M

FORT MYERS — An investment entity connected to Tampa financial services and commercial real estate executive Joe Bonora has acquired a 7.8-acre tract in downtown Fort Myers for $7 million.

Bonora, through City Walk Fort Myers LLC, bought the site from Madison Ave Investment Group LLC, according to a statement. Bonora is the co-founder and managing director of Tampa-based Aileron Capital Management.

Madison Ave Investment Group, led by Fort Myers investor Ayal Keren, bought the property in 2015 for $3.5 million, property records show.