Hoffmann sells 27 properties in downtown Naples

In a historic deal in Naples, Hoffmann Commercial Real Estate this week sold its significant downtown portfolio of properties to M Development, a high-end developer based in Aspen, Colorado.

The massive sale of 27 properties includes 12 buildings on Fifth Avenue South, nine on Third Street South and six off U.S. 41 in Naples. The transaction is complete, but the title company is working through the mountain of paperwork today on the deal.

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Author: Tim Aten, Gulfshore Business
Published: October 13, 2023

Hoffmann sells 27 properties in downtown Naples