JUNE 2021
Southwest Florida BUSINESS TODAY ®
Page 11
COMMERCIAL REAL ESTATE MARKET A look at commercial real estate trends & topics in Southwest Florida
Edison Business Advisors adds Ohio office Edison Business Advisors, the most awarded and highest credentialed business brokerage firm in Southwest Florida since 2014, announced the opening of a Columbus, Ohio office and the addition of Ray Skaug. He will be managing the Columbus office. Skaug has over 30 years of management, operations, consulting and financial analysis experience in a wide variety of business venues. He was previously an officer with a national bank and taught managerial finance and entrepreneurial management at the college graduate level as an adjunct professor.
Skaug also owns Rainer Business Total volume for deals transacted and Intelligence. His company developed presently in escrow intermediated by BizProBI Insight Reports a propri- Gall, Niehaus and Mike Pfeffer yearetary business intelligence platform. to-date is nearly $35 million. The reports facilitate early-stage fiThe award-winning, highly crenancial analysis assisting business dentialed and talented team at Edison owners to maximize value and exit on Business Advisors has participated in their terms. BizProBI Insight Reports many forms of business transactions are now available to Edison Business including mergers, acquisitions, diAdvisor clients at a reasonable fee. vestitures, spinouts and roll-ups. The 2021 has been a record-breaking process for properly preparing a busiyear for Edison Business Advisors. ness for sale, maximizing marketing Steve Niehaus transacted a $5-mil- exposure and expertise in guiding the lionlook aluminum manufacturer to completion has resulted in a A at products commercial realsaleestate trends & topics in Southwest Florida in March. Eric significantly higher percentage of the Gall transacted a $15-million ma- team’s listings closing than the induschine shop in Pennsylvania in April. try average.
PDS Architecture starts construction on Cape West 91
PDS Architecture announced construction started on the Cape West 91 Villa apartments. The apartment building, located on SW 17th Place in Cape Coral, will be available in early 2022 for occupancy. The building, shaped to bring attention to a beautifully landscaped and recreation-inspired courtyard in the middle, will be made to look like in aSouthwest residential area. Florida The courtyard will contain a pool and shaded structures for residents to relax under. The villas offer one- and twobedroom options with four different models to choose from, ranging from $1,400 to $1,700 a month. The Danmark model is a 700-square-foot, one-bedroom model with a private balcony that overlooks the courtyard and pool. The Monarch model is a one-bedroom model with 790 square feet of living space that includes a stackable washer and dryer. The Atyla model is a 1,086-square-foot, two-bedroom model that overlooks the pool and courtyard as well. The 1,038-square-foot Pembroke model features two bedrooms,. Each model will contain large bedrooms with walk-in closets, state-ofthe-art stainless-steel appliances and granite countertops. Residents can also look forward to a keyless-entry fitness center and interior mailroom. Garages and storage units are also available. The $15.5 million project is being constructed by Curran Young Construction.
COMMERCIAL REAL ESTATE MARKET
Mercola completes carport project
Natural health company Mercola completed phase II of its solar power project, adding 429 solar panels to its newly installed parking lot carport. Installed by commercial solar contractor Advanced Green Technologies, these panels will provide 185kW of energy and, together with the building’s rooftop solar panels, fulfill most of Mercola’s energy needs. The company is one the largest in Cape Coral powered by solar energy. “We focus heavily on regeneration and sustainability, and these principles are reflected in our daily operations and the space provided for our employees, said Steve Rye, Mercola CEO. “Cape Coral is the perfect location for investing in solar energy, and we’re happy to promote environmental responsibility locally.”
Vantage Construction Services completed work on the new Kid’s World Preschool in Cape Coral.
Vantage completes preschool in Cape Coral Vantage Construction Services completed work on the new Kid’s World Preschool in Cape Coral. This 10,000-square-foot building will accommodate 200 children and has a lobby, nine fully outfitted classrooms, breakroom/storage area, and a fenced, outdoor play-
ground. Located on Skyline Boulevard, the preschool opened to children at the end of April. Owned by Evelyn Monteagudo, this is the second Kid’s World Preschool in Cape Coral, with the first in operation on NE 16th Terrace.
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