Real Estate

Pepitone RE/MAX Realty Group Commercial Division announced the following transaction:

Church Family Holdings, Inc. purchased a 13,000 square-foot building at 16170 Old US 41 for $1,150,000 from Alloy Cladding Co., Inc. Dan Miller of The Miller Alliance at RE/MAX Realty Group Commercial Division represented the seller. Skip Mitchell and Tad Yeatter of Schooner Bay Realty Inc. represented the buyer.

Colliers Arnold Commercial Real Estate Services announced the following transaction:

Feinstein Cardiovascular Disease Specialist, P.A., a Florida Professional Service Corporation, leased 1,623 square feet of office space in Equestrian Professional Center, located at 12272 Tamiami Trail East, Naples, from Sri Lakshmi Investments, LLC. The Retail Team of Karen Johnson-Crowther, Charlene Greenblatt, Salli Jones-Doyon, and Lindsey Schmoyer of Colliers Arnold negotiated the transaction.

Thomas Pepitone has recently gone back out on his own as Pepitone Properties Corp. Pepitone has been in business in Southwest Florida since 1996. He specializes in commercial property management and brokerage.

Borchmann Pepitone ran Pepitone Realty Management Services corp. from 1996 until 2003 when he left to work at RE/MAX Realty Group's commercial division as an independent contractor. From 2005 to 2007, he was director of the property management division at GATES D'Alessandro & Woodyard.

Before coming to Florida, Pepitone was long time president of Pepitone Industries Corp. and Franklin Management Corp. both of Long Island, N.Y. Pepitone's New York company was responsible for its own account of 1.2 million square feet of office space, in addition to four decades worth of multifamily and industrial properties.

Pepitone has emphasized meticulous upkeep and ongoing refurbishment, hands-on management, a thorough knowledge of the most intricate details of each property, a keen grasp of market conditions and a savvy ability to negotiate.

Veteran business journalist Phil Borchmann

has launched Comm-Ex Media of Southwest Florida, a comprehensive source of commercial property information available via e-mail and on the Web. Comm-Extra is a daily e-newsletter that provides the latest data about land and building sales and leases, as well as news from the commercial real estate and related industries. The companion Web site, Comm-Ex Journal, provides a closer examination of commercial real estate trends, issues and other relevant information. The Journal, at www.commex. com - the name is a shortened version of Commercial Property Exchange - is updated daily.

"We are dedicated to providing timely and useful news about the region's commercial real estate market," said Borchmann. "There was a void in this market for current intelligence needed by brokers, builders, bankers, developers, attorneys, engineers, insurance agents and other industry professionals."

Both publications cover Charlotte, Collier, DeSoto, Glades, Hendry, Lee, Manatee and Sarasota counties, but reach a global audience via the World Wide Web.

Borchmann, who has 20-plus years of journalism experience, serves as editor and publisher. He served as editor of Gulfshore Business magazine in Naples, as well as staff writer at the Chicago Tribune, Rockford (Ill.) Register Star, Naples Daily News and Lerner Newspapers in Chicago.