Real Estate

Sands McGregor Properties Partnership, a Florida General Partnership and McGregor Boulevard Center, Ltd., a Florida Limited Partnership, have sold the neighborhood retail center known as The Design Center, which contains Tenants such as First Watch Restaurant, Spada Day Spa and Asylum Fitness Club, to Terra Design Center, LLC, a Florida Limited Liability Company. The purchase price was $10.5 million.

Paul Sands of the Sands Commercial Group with VIP Commercial TCN Worldwide negotiated this transaction.

Little Dream Early Learning Center has leased 2,500 square feet of office space at 428 Pine Island Road, in Cape Coral from the Campbell Trustees. Scott Miller and Enn Luthringer, both of CB Richard Ellis, Ft. Myers-Naples brokered the transaction.

Amerivest Realty has leased 2,119 SF of office space at 14421 Metropolis Avenue, in Fort Myers from Broho II, LLC. Randal Mercer of CB Richard Ellis, Ft. Myers-Naples brokered the transaction.

Krise Tradesman International, Inc. has leased 1,313 SF of office space in Metro Park Business Plaza at 4100 Centerpointe Drive, in Fort Myers from Citec Florida, LLC. Enn Luthringer and Randal Mercer, both of CB Richard Ellis, Ft. Myers-Naples brokered the transaction.

Randy Krise, broker/owner of Krise Commercial Group in Fort Myers, has earned the Certified Commercial Investment Member designation.

CCIMs are recognized experts in the disciplines of commercial and investment real estate. Before earning the designation, candidates must complete an exhaustive curriculum involving extensive course and fieldwork, pass a comprehensive examination and submit a resume of closed transactions. Only 6 percent of the estimated 125,000 commercial real estate practitioners nationwide successfully meet these stringent requirements.

Krise specializes in income-producing and investment properties, and has more than 30 years of experience as a commercial broker. Krise Commercial Group is a full-service commercial brokerage with a staff of 13 commercial agents and support staff.