Matthews Logo

Navigation Menu

Matthews™ Completes $30 Million Sale of Industrial Flex Portfolio in Florida

Matthews™ Completes $30 Million Sale of Industrial Flex Portfolio in Florida featured image

FORT MYERS, FL— Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of a seven-property industrial and flex portfolio, located at 6150-6481 Metro Plex Drive in Fort Myers, Florida. Matthews™ First Vice Presidents & Associate Directors Nick Watson and Jake Lurie, and Associate Vice President Aiden Hawkins represented the seller in the $30,000,000 transaction.

 

The portfolio totals approximately 218,000 square feet in the South Fort Myers/San Carlos submarket, positioned along the I-75 corridor. Occupied by high-credit tenants, the assets benefit from Class A construction and strong industrial functionality, including 36 dock-high doors, nine drive-in doors, and 19-26 foot clear heights.

 

The seller brought the portfolio to market as part of a broader liquidation strategy to capitalize on strong buyer demand and maximize pricing and terms. Through targeted outreach and a formal marketing process that produced more than a dozen offers, Matthews™ directly sourced the buyer, an experienced operator who had pursued the portfolio prior to the seller’s decision to sell.

 

Leveraging the competitive bidding environment, Matthews™ negotiated a significant increase from the buyer’s original offer while also expediting the timeline to ensure a year-end close. The Matthews™ agents proactively facilitated a substantial portion of the buyer’s due diligence prior to contract execution and navigated a complex trust-based ownership structure for a smooth and efficient closing.

 

“It’s always a great feeling when we promise big results to our client and then successfully fulfill our promise,” Watson said. “This deal had tremendous competition prior to us listing the property, and we utilized our track record, market expertise, and platform throughout the marketing process in order to execute successfully on behalf of our clients.”

 

For more information, please contact Nick Watson, Jake Lurie, and Aiden Hawkins or visit www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

PRESS CONTACT

Sophia Biazus

(562) 447-6918

sophia.biazus@matthews.com

Industrial

Additional Authors

Jake Lurie photo

Jake Lurie

First Vice President & Associate Director

Aiden Hawkins photo

Aiden Hawkins

Associate Vice President

Recent Articles

Matthews™ Executes Sale of Mississippi’s Top Kroger Location

Read More
OrthoLoneStar medical office 1031 exchange Houston Texas Kingwood NNN property

Matthews™ Executes Full-Cycle 1031 Exchange From Underperforming Asset to Well-Positioned Medical Office

Read More
Matthews™ Continues New York Expansion with Hire of Investment Sales Veteran Thomas Gammino image

Matthews™ Continues New York Expansion with Hire of Investment Sales Veteran Thomas Gammino

Read More
Tractor Supply Company net lease retail property in Bridgeport Texas sold by Matthews

Matthews™ Facilitates Sale of Tractor Supply Company in Texas

Read More