Other News
Port Charlotte resort gets new name as $200M sale closes
By Louis Llovio Summary: 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. The resort has been renamed Sunseeker Resort Florida Gulf Coast, Curio... Read More
Florida now permanently exempting sales tax on everything from batteries to bike helmets
Dave Berman Florida Today Summary: 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 previously only tax-free during disaster-prep holidays. The change... Read More
Collier County approves NC Square project, residents voice traffic concerns
Reporter: Maddie Herron Summary: 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 housing, commercial space, and a daycare facility.... Read More2025 Commercial Real Estate Outlook for Southwest Florida
Looking forward to growth in 2025 The Florida commercial market continues to grow in certain sectors and sizes. Many landlords and investors are seeing a strong demand for second generation spaces and smaller unit sizes. Many of the existing tenants signed leases with... Read More