On January 23rd, the Design Review Board for the Village of Estero approved the architecture of the proposed Texas Roadhouse adjacent the Shoppes at Estero Grande multi-tenant building. South Real Estate Group is excited to develop the new restaurant which will join Starbucks and Verizon in front of the 198 unit Parkside Estero multi-family development.
South acquires phase II of its University Highlands project. With this acquisition, South now owns 13 acres of commercial real estate in the Ben Hill Griffin Pkwy corridor.
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With the Carey Street project complete, the Mohr Capital/South Real Estate Group joint venture delivered the 18,000 sq ft facility in Ft. Worth, TX to HERC Rentals, Inc.
With our Development Order approved, South Real Estate Group closed on a 3.2 acre, commercial pad at Estero Grande. The project will be called Shoppes at Estero Grande and will include a Starbucks, Texas Roadhouse and a mix of retail tenants, including Verizon Wireless.
As we work on the infrastructure portion of the 27 acre Estero Grande project, clearing has been completed!
South Real Estate Group closes on 7.6 acres, Phase I of the University Highlands project. The project will be called Shoppes at University Highlands and will include a Chase Bank, Starbucks, Tide Dry Cleaners and a mix of retail and restaurant tenants.
We have started the approval and permit process with the Village of Estero for our Shoppes at Estero Grande development. The building boasts a Starbucks drive-thru and other neighborhood friendly tenants.
Despite our initial intention to develop the Naples Blvd property, we are excited to announce that we ultimately decided to sell the parcel after assembling it with the adjacent stormwater management lake.
As many people were preparing for Christmas, South Real Estate Group completed the acquisition of 4850 E. Loop 820 S, a 6.15 acre piece of property in Ft. Worth, TX. This build to suit project is a joint venture project with Dallas, TX based Mohr Capital. The 18,000 sq ft industrial building will be developed for a national tenant. We are excited about our first project outside of Florida!
To take advantage of the large amount of retail development happening along the Naples Blvd corridor that links the two main thoroughfares, Pine Ridge Road and Airport Road, South Real Estate Group acquired a .62 acre outparcel in front of Dick's Sporting Goods. With multiple, national tenant users in mind, we look to develop about a 6,000 sq ft retail center.
As part of the repurposing of the Courthouse Shadows property on Peters Avenue, DCM Builders Inc. has completed the demolition of the 625 sq ft office building on our .32 acre parcel. Next step is to demolish the surrounding wall and incorporate the property into the Courthouse Shadows shopping center.
This time in the fast-developing Tamiami Trail East corridor, South Real Estate Group has moved on an opportunity to acquire an under utilized piece of property. The .32 acre parcel adjacent to the Courthouse Shadows shopping center owned by Kite Realty Group (KRG) will be repurposed and developed as a retail outparcel of the center.