PROPERTY: 2590 Golden Gate Parkway, Suite 107 & 109, Naples, FL 34105

LESSOR: Halstatt, LLC d/b/a Poinciana Professional Park

LESSEE: Johnston, Peacock & Dalis CPAs, PA

TRANSACTION DATE: May 8, 2019

Comments: Naples, FL … Johnston, Peacock & Dalis CPAs, PA leased 1,179 square feet of office space from Halstatt, LLC d/b/a Poinciana Professional Park located at 2590 Golden Gate Parkway, Suite 107 & 109.

Tara Stokes, of Investment Properties Corporation represented the Landlord and Chip Olson of RE 1 Advisor represented the Tenant.

PROPERTY: Newgate Center, 5200 Tamiami Trail N and Park North, 5125 Castello Drive, Naples, FL

SELLER (LESSOR): Creekside West, Inc., GC Partnership, Ltd, and FoxRock Newgate 5150 Realty, LLC

BUYER (LESSEE): Tamiami Newgate LLC

VALUE OR SALE PRICE: $33,000,000

TRANSACTION DATE: May 13, 2019

Comments: Naples, FL … A private European investment group, Tamiami Newgate LLC, purchased Newgate Center and Park North from Creekside West, Inc., GC Partnership, Ltd, and FoxRock Newgate 5150 Realty, LLC for $33,000,000.

David J. Stevens, CCIM of Investment Properties Corporation negotiated this transaction for the Seller.

Rainer N. Filthaut of IRC International Realty Corporation negotiated this transaction for the Buyer.

PROPERTY: 100 10th Street North, Suite 106, Naples, FL 34102

LESSOR: Walbro, Inc

LESSEE: Starability Foundation, Inc

TRANSACTION DATE: May 15, 2019

Comments: Naples, FL … Starability Foundation, Inc. leased 1,438 square feet of retail
space from Walbro, Inc. located at 100 10th Street North, Suite 106.

Tara Stokes, of Investment Properties Corporation represented the Landlord and Amy
Dawson of Premier Properties represented the Tenant.

PROPERTY: 6355 Naples Boulevard, Suite B-5, Naples, FL 34109

LESSOR: Shelbourne Towers, LP

LESSEE: Sunny Wellness LLC d/b/a CBD Plus USA

TRANSACTION DATE: April 23, 2019

Comments: Naples, FL …Sunny Wellness LLC d/b/a CBD Plus USA leased 1,544 square feet of retail space from Shelbourne Towers, LP located at 6355 Naples Boulevard, Suite B-5.

Tara Stokes, of Investment Properties Corporation represented the Landlord and Michael Mahan of CRE Consultants represented the Tenant.

Patrick E. Fraley, CCIM has been named partner at Investment Properties Corporation of Naples. Fraley joined IPC in March, 2007, after graduating from Florida Gulf Coast University with a degree in Business Management. IPC partners include William V. Gonnering, CCIM, SIOR, David J. Stevens, CCIM, Craig D. Timmins, CCIM, and Clint L. Sherwood, CCIM.

“We are extremely pleased to have Patrick as a partner. He has been a valuable member of the IPC team for several years,” said David Stevens, a principal with the firm.

IPC is one of the area’s oldest commercial real estate brokerage firms. Since 1976, the IPC team has serviced Southwest Florida with buyer and seller representation, site selection, leasing, exchanges, consulting and development services. IPC is located at 3838 Tamiami Trail North, Suite 402, in Naples. For more information: (239) 261-3400 (phone); (239) 261-7579 (fax) www.ipcnaples.com

Media Contacts

Clint Sherwood, CCIM, IPC, clint@ipcnaples.com (239) 261-3400.