Commercial Property Southwest Florida | January 2021
Find out why NOW may be the best time to sell
your commercial property and discover what it’s worth.
What's Next - Year In Review

2020 was a challenge for all of us, but there’s reason to be optimistic about commercial real estate. As the year came to a close, Southwest Florida’s housing market was booming– and that’s good news for commercial property owners who are poised to take advantage of a chain reaction.

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Looking Back on 2020,
Looking Ahead to 2021
Commercial property brokers and property investors entered 2020 with a great deal of enthusiasm. Vacancy rates were low, demand was high, and average rent rates were near historic levels in some asset classes. Developers were continuing to regard Southwest Florida with an optimistic eye.

But is there still reason for optimism as we enter 2021?

What's Next - Office Marketbeats Report

When COVID-19 brought traditional offices to a standstill in the second quarter, we saw a great deal of uncertainty in the commercial property market for office space. However, the asset class has made a remarkable rebound since then.

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In The News
National Commercial Real Estate Development Association spotlights Gary Tasman
NAIOP is the nation's leading organization for developers, owners, and investors of office, industrial, and mixed-use real estate. The organization features commercial property thought leaders on its blog, and recently spotlighted an article from Cushman & Wakefield's Gary Tasman.

Philanthropy Spotlight
St. Matthew's House Logo
St. Matthew's House
Cushman & Wakefield Commercial Property Southwest Florida is proud to be a supporter of St. Matthew's House. St. Matthew's House changes lives in a compassionate and disciplined environment while providing housing for the homeless, food for the needy, and comfort for those who are addicted and suffering.
"It’s our company's philosophy that our community is only as strong as its weakest links . By helping strengthen our more dependent neighbors, we are strengthening our entire region."
- Gary Tasman, CEO & Principal Broker
Recent Sales & Leases
SOLD 8391 Littleton Rd NFM
SOLD - Littleton Road
BA Acquisitions LLC purchased a 57,600 sf industrial plaza at 8391 Littleton Rd. from Shawley McKissick Partnership on December 11 for $3,100,000. Gary Tasman and Shawn Stoneburner represented the buyer and seller in the transaction.
Suncoast Commerce Center
LEASED - Suncoast Commerce Ctr.
WorldPac, Inc. completed a renewal of 23,168 square feet of industrial space for a term of 5 years at 9353 Laredo Ave., Ste 150, Fort Myers from EastGroup Properties, L.P.; for $7.55/sf. Gary Tasman and Shawn Stoneburner represented the tenant.
Featured Properties
Winkler Ave. & Colonial Blvd.
Available for sale, 2.05 acres of Commercial General zoned land near the intersection of Winkler Ave. and Colonial Blvd. on Glenford Blvd. Extension in Fort Myers. Located in a growing commercial corridor with convenient access to demand generators. $625,000.
Littleton Road Plaza
Available for lease, multiple units of industrial property located at 8421, 8417, 8391/8395, 8399/8913 Littleton Rd. in North Fort Myers. Professionally managed, well-maintained, and located two blocks east of US-41. 57,462 total sf - $8.00 NNN
For more information or to schedule a free consultation or property valuation, contact Gary Tasman and Shawn Stoneburner at 239.829.5400 or timetosell@cpswfl.com.