CUSHMAN & WAKEFIELD BROKERS $31 MILLION SALE OF NAPLES WAREHOUSES

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NAPLES, FLA. — Naples-based Lund Capital Group has sold a 252,422-square-foot industrial portfolio, located across from the Naples Municipal Airport in Naples, to Miami-based The Adler Group for $31 million. The portfolio consists of the seven-building, 189,523-square-foot Collier Park of Commerce and the four-building, 62,899-square-foot Commerce Center. Sale of the property, which is 96 percent occupied, was brokered by Mike Davis, Rick Brugge, Gary Tasman and Brandon Stoneburner of Cushman & Wakefield.

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