MULTIFAMILY LAND SOLD IN BONITA SPRINGS FOR $2.5 MILLION

BONITA SPRINGS, FLA. — Coconut Living has purchased 13.6 acres of land from Servco for $2.5 million. The Bonita Springs space, which is know as the Murano at Coconut Point , is zoned for multifamily buildings. CB Richard Ellis' Jonathan Richards represented the seller in the transaction. Heights Realty & Investments' Stephen Hagenbuckle represented the buyer.