Summary: Amazon purchased 232.73 acres near I-75 in Charlotte County (Jones Loop Road, Punta Gorda) for $20.14 million. The company hasn’t disclosed its plans, with all parties under an NDA. Based on past activity—like a 650,000 sq ft robotics fulfillment center in Fort Myers—it may be for a similar logistics facility, but that’s not confirmed. The land was sold by multiple owners and brokered by Justin and Randy Thibaut of LSI Cos.
Area News
Florida Gov. Ron DeSantis signs sweeping farm bill banning local gas-powered equipment restrictions
Gov. Ron DeSantis signed a broad Florida “farm bill” (SB 290) that, among other things, prevents cities and counties from banning gas-powered equipment like leaf …
233 acres in Charlotte County sold to Amazon
Amazon purchased 232.73 acres near I-75 in Charlotte County (Jones Loop Road, Punta Gorda) for $20.14 million. The company hasn’t disclosed its plans, with all …
Florida Expands Legal Accreditation: What It Means for Investors & Business Owners
Synopsis The Florida Supreme Court has ended its exclusive reliance on the American Bar Association (ABA) to determine which law school graduates may sit for …
Southwest Florida continues to emerge as one of the nation’s most attractive regions for real estate investment, and the latest movement on the Winchester Ranch …
First Brands files for bankruptcy, revealing billions of dollars in liabilities
First Brands, a U.S. auto-parts maker, filed for Chapter 11 bankruptcy with at least $10 billion in liabilities and up to $10 billion in assets …
Port Charlotte resort gets new name as $200M sale closes
Blackstone Real Estate Group has purchased the Sunseeker Resort in Port Charlotte from Allegiant Travel Co. for $200 million, far below its $600M+ construction cost …
US apartment rent growth flattens in July
U.S. apartment rent growth stalled in July, with more than half of the 50 largest multifamily markets seeing month-to-month declines. The national average rent held …
The Fed is starting to worry about the housing market now
The Federal Reserve’s latest meeting minutes revealed new concerns about the housing market, which has been dragging down economic momentum. Policymakers noted weakening demand, falling …
Florida now permanently exempting sales tax on everything from batteries to bike helmets
Starting August 1, 2025, Florida now offers a permanent sales tax exemption on items like batteries, bike helmets, sunscreen, generators, and life jackets. These were …
Collier County approves NC Square project, residents voice traffic concerns
Collier County commissioners have approved the 24‑acre “NC Square” mixed‑use development at the southwest corner of Immokalee Road and Catawba Street, reshaping the site into …