One of Southwest Florida’s more unique retail venues, Flamingo Island Flea Market, recently was sold for $8.5 million. The deal was represented and brokered by Dougall McCorkle of Premier Commercial and Michael Lynch of MLPA Realty. Flamingo Island was first developed over 15 years ago and has since had a strong history of consistent…
2013 and 2014 have been “red-hot” years for the sale of “single tenant” properties. Single tenant asset (aka “NNN” or “triple net”) investments where the income property is leased back by a single tenant. Unfortunately, much too often some of the basic investment fundamentals are overlooked by yield hungry investors. Five of the most…
Land is no longer a “four letter word” in the world of real estate lingo. Ever since the last economic tailspin holding land (or maybe worse: lending on land) was a painful endeavor. In the Naples market, where I concentrate much of my time and efforts, there is a very significant lack of…
Dougall McCorkle represents buyers for this High Tech Industrial Campus Dougall McCorkle of Naples based Premier Commercial represented an investment group on the recent $2.5 million acquisition of a 30,000 square foot office/industrial campus in Naples, FL at 3750 Enterprise Road. The building, formally known as the E.B. Simmonds building is one of the most…
Dougall McCorkle represents buyer for Uptown Center An undisclosed private investor purchased the 75,000 square foot Uptown Center in North Naples for $11.2 million. The neighborhood shopping center is located next to Sam’s Club at the Southwest corner of Immokalee Road and Airport Road. The center has been a popular destination for the neighboring communities…
Dougall McCorkle of Premier Commercial represented buyers for the acquisition of a 30,000 square foot Class A office/warehouse complex in Naples Florida. When I first heard that the property at 3750 Enterprise was just being listed for sale, I knew this was one the best bargains that I had seen for a long time. This…
Naples Waterfront Bank/Office Space on Gulf Shore Boulevard For the first time in 15 years, this rare and well appointed waterfront office space is now being offered by Dougall McCorkle of Premier Commercial. Located on the Village of Venetian Bay, an upscale specialty retail in Naples’ high-end Gulf Shore neighborhood, this office is one of the only office spaces in Naples…
Class A Office Space for Lease in The Fifth Third Bank Building on Vanderbilt Beach Road Florida Commercial Advisors is excited to announce that Dougall McCorkle, of Premier Commercial, now handles Leasing for the largest office building in the county. The Fifth Third Bank building includes 161,000 square feet of Class A office space. The…
It’s STILL a great time to be a Buyer OR Seller The economic downturn that began in 2007 was certainly one of the worst and most pronounced ones for decades. Despite our declared emergence from the Great Recession, some folks rightfully so didn’t get that proclamation. On the other hand, the economy has solidified and seems to be running at…
Why Use a Tenant Representative? If you are a busy professional, whether an attorney, financial advisor, or corporate head, does it really make sense to take away from your income producing activities or other job responsibilities to spend hours and hours trying to solve your real estate spaces needs when you can engage the services of a…