Naples, Florida – Net Lease Properties wants to inform you that CR South, a partnership between Continental Realty Corp. and Forman Capital LLC, has a new acquisition. They purchased Marquesa Plaza. This Naples Florida Shopping Center is a 115,000 square foot leased Retail center. This Commercial Real Estate is located at the intersection of Livingston Road and Pine Ridge Road in Naples, Florida. The purchase price for this property was for $11 Million. The previous owner was Marquesa Plaza LLC and it was not noted if they have other Listings.
This Commercial Real Estate was constructed in 2007 and sits in a great area for opportunities. The neighborhood shopping center is currently 50% leased and features 19 tenants including Starbucks Coffee, First American Bank, Anytime Fitness, Carvel Ice Cream, Sunshine Pharmacy and one of our favorites, Five Guys Burgers and Fries.
The new ownership group has has marketing and leasing activities aimed at targeting complementary retailers to add to the Marquesa Plaza Tenant mix.
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