STATEWIDE, Fla. (March 15, 2024) – In a remarkable feat, Adam Palmer, CCIM, SIOR and Mike Doyle, CCIM, of Florida-based LQ Commercial have orchestrated the largest industrial sale ever recorded in Southwest Florida. This monumental transaction not only signifies a pivotal moment for the region but also stands as Florida’s largest sale this year.
The 454,200-square-foot, 41-acre ‘CenterLinks Business Park’ sold to Exeter 9121 CenterLinks Commerce for an astounding $92,500,000, shattering county records. This leased, Class-A, dock high industrial park, located on Oriole Road in Fort Myers, Fla., was exclusively sold by LQ Commercial on behalf of CenterLinks Associates.
Doyle, in his role as LQ’s Senior Associate, carries the prestigious designation of Certified Commercial Investment Member (CCIM), while Palmer, as LQ’s Managing Principal, holds dual accreditations from CCIM and the Society of Industrial and Office Professionals (SIOR). Their adept utilization of the extensive networks provided by these esteemed organizations, coupled with their profound understanding of the local market and mastery in orchestrating intricate transactions, firmly establishes them as genuine influencers in the industrial sector and distinguished Power Brokers™.
“The industrial sector continues to be the star of the Southwest Florida commercial real estate market,” remarked Palmer. “The unprecedented success of this sale underscores the transformative impact of collaboration and strategic planning.”
“We had the privilege of witnessing the inception and lease-up of CenterLinks Business Park,” noted Doyle. “This intimate familiarity, combined with the park’s top-notch construction by McGarvey Development, its strategic interstate access, and stable income stream, made it an exceptionally attractive proposition for institutional investors.”
“This historic achievement sets an unparalleled benchmark for success,” stated LQ Commercial President, Daniel Butts. “Beyond its sheer numerical value, this monumental sale reinforces LQ’s standing as a driving force in Florida’s real estate landscape and heralds a new era of opportunity for aspiring professionals.”
