CRE Consultants Sells Palisades Park Office Complex
Fort Myers, FL – NaplesPR, LLC purchased Palisades Park, located at 6801-6831 Palisades Park Court in Fort Myers, FL from Palisades Medical Properties, LP for $6,200,000.
Palisades Park is a 43,200 square foot campus-style office complex situated on 5.17 acres on International Drive, just west of Six Mile Cypress Parkway, and south of Daniels Parkway. The park’s prominent South Fort Myers location, ideally-positioned in proximity to community amenities, transportation routes, and recreational attractions added strength to the overall investment opportunity.
At the time of sale, Palisades Park’s four buildings were fully stabilized with an overall occupancy of 97%.
Randy Mercer and Brandon Stoneburner of CRE Consultants represented the seller and W.T. Pearson of Pearson Real Estate Services, LLC represented the purchaser in this transaction.