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FORT MYERS, FL-The Benchmark Group of Amherst, NY paid $90,319 per unit to American Properties of New Jersey for the 408-unit property, built in 2001. The property probably could have fetched $40 million, according to Jamie May, chairman and CEO of Naples-based JBM Realty Advisors.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!