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…
H D Litton Interior Design Building sells for $1.47 million Dougall McCorkle of Premier Commercial represented a buyer for the purchase of the H D Litton Interior Design building, a free standing professional office building located on US 41. The building is approximately 7,500 square feet and sold for $1.47 million to a local office user. The superior location…
Naples, Florida – Commercial Real Estate Market Summary Before you start worrying or gloating that you are paying either too much or too little in the way of rent, be aware that these statistics are for all types of properties regardless of quality or location…the good, the bad, and the ugly! The fact of the…
Milan Center sells for $1.9 million We closed today on a transaction for the sale of the North Naples Milan Center, a two story office building on US 41 just north of the Mercato at Vanderbilt Beach Road in Naples, Florida. The building is approximately 12,000 square feet, and sold for $1.9 million to a local…
Over the past months, the SunTrust building has undergone extensive interior renovations. The new improvements bring this local Class A office building to the top of its class. To start, the renovated main lobby includes newly painted walls, center rug, lobby seating, and a beautiful modern hanging ceiling lamp. In addition to the main lobby, each…
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…
Valuation Methods in Commercial Real Estate, Part 2 Written by Darren McCorkle Last month we talked a bit about capitalization rates (aka cap rates), a valuation method commonly used in commercial real estate. It is certainly a valuable tool, but it is far from perfect. Luckily we are not completely out of options. Internal Rate…
Low risk or something more? Single tenant properties go by a few other names such as “Triple Net” and “NNN” properties. In essence they are properties that have a single building occupied by a single occupant. The occupant, or tenant, leases the property from the property owner and generally is responsible for all operating…
Leasing Opportunities in Naples, FL The Northern Trust Building The Northern Trust building is the perfect option for corporate and professional users looking to lease office space in Naples. Learn about the building by watching the video slideshow below. Dougall McCorkle, MBA Sales Associate and Commercial Specialist Premier Commerical, Inc., Licensed Real Estate Brokers…