Bonita Springs office building sells for $1.94 million
Colliers International facilitates transaction for 15,800-square-foot property
Brandon Stoneburner, Executive Managing Director, Office Services, and Michael Ciccarello, Director, Office Services, at Colliers International facilitated the transaction. The seller was Talon Properties, Inc.
The buyer, Enviseo Properties, is an entity owned by Innovative Dermatology. Innovative Dermatology is currently a tenant at 8800 Bernwood Parkway, occupying 25% of the building.
"This transaction spotlights the underlying demand for owner/users to acquire buildings as an investment,"
The property was built in 1999 and features high-end finishes, 63 surface parking spaces and high visibility off of U.S. 41. Nearly 50,000 cars pass the location daily.
"These suites are ideal units for image-conscious tenants looking for a high-profile location with U.S. Highway 41 signage," said Ciccarello.
The building was 54.3% occupied at the time of the sale.
About Colliers International Group Inc.
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.