PLANATION, FLA. — Fort Myers, Fla.-based Brenner Real Estate Group has brokered the sales of two properties in Planation. In the first transaction, Xenia Management Corp. acquired a 5-acre land parcel located on the north side of West Sunrise Boulevard between University Drive and Pine Island Road. The site will be used for a 60,000-square-foot, build-to-suit facility for the GSA Social Security. Pine Island Commons LLC sold the property for $3.5 million. Lloyd Nettles of Capital Land Investments represented the buyer; Scott Brenner of Brenner Real Estate represented the seller. In the second transaction, Brenner and Bert Freehof, of Brenner Real Estate, along with Doug Mandel of Marcus & Millichap, represented Federation Holdings II in the disposition of a 6.6-acre land site at the corner of Northwest 11 Place and Northwest 66 Avenue. The City of Planation acquired the property for $2.47 million.
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