Friday 29 August 2008

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USAA Nabs Sears Distribution Center in Pennsylvania (Commercial Property News) Thu, 28 Aug 2008 16:23:08 GMT
The Sears Distribution Center in Covington Industrial Park has been purchased by USAA, according to a Cushman & Wakefield Inc. announcement.



Adler Takes Naples Industrial Portfolio for $31M (Commercial Property News) Wed, 27 Aug 2008 23:12:03 GMT
The Adler Group has acquired a 252,400-square-foot industrial portfolio in Naples, Fla., from Lund Capital Group for $31 million. The two-building portfolio is located near Naples Municipal Airport and is 96 percent occupied.



Cops target Collier’s Dirty 30 (Collier Citizen) Wed, 27 Aug 2008 21:09:14 GMT
Collier County sheriff’s deputies are tracking down the Dirty 30 and they need the community’s help.



Snowbirds Flock Together for Winter (New York Times) Wed, 27 Aug 2008 20:19:02 GMT
From the Michiganders in Naples to the Long Islanders in Boca Raton, some of Florida?s snowbirds live side-by-side with neighbors from back home.



Miami company buys Naples commerce park for $31 million (Naples Daily News) Wed, 27 Aug 2008 00:00:21 GMT
The Adler Group set its sights on Southwest Florida, and when an 11-building industrial portfolio in Naples became available, they were prepared to pay the price. In a deal that closed Friday, that price was $31 million.



Violent crime under Goodland Bridge draws attention to Marco’s ‘blight’ (Naples Daily News) Tue, 26 Aug 2008 23:39:05 GMT
An incident in early August involving two men, a woman and a baseball bat sent one person to the hospital, another to jail and some people concerned as to whether the incident is a sign of decay under the Goodland Bridge.



QUICK POLL (GlobeSt.com) Tue, 26 Aug 2008 12:10:07 GMT
NAPLES, FL-The Adler Group Inc. has made its first local acquisition, taking an 11-building, 252,422-sf industrial portfolio for $31 million, or $123 per sf.



Construction giant buys out Naples-based Kraft (Naples Daily News) Tue, 26 Aug 2008 00:24:15 GMT
Two are one. A national construction company — with ties to a former U.S. Ambassador to the Vatican — has acquired a controlling interest in Naples-based Kraft Construction Co. Inc. The combination will create one of the largest privately held general construction companies in Florida, with annual revenues of about $1.5 billion. The deal, in the works for about five months, was made public ...



Real Estate Briefs: Aug. 24, 2008 (Naples Daily News) Sat, 23 Aug 2008 16:09:25 GMT
This week's area real estate briefs in Collier and Lee counties.



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