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FACT
Naples Bay Resort & Marina Changes Ownership
One of Naples' premier waterfront destinations has a new owner. Naples Bay Resort & Marina sold for $41.25 million in a transaction completed on June 30, according to Collier County records. The property was acquired by Pyramid Global Hospitality in a joint venture with Western & Southern Financial Group. Originally developed and opened in 2008, the resort includes 85 hotel suites, a 97-slip marina, the 31,000-square-foot Shoppes at Naples Bay, the private Naples Bay Club, and the waterfront dining venues Blackbird Modern Asian and Nosh on Naples Bay. The sale marks a significant investment in one of Naples' most recognized resort and marina properties.
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