17 May Seagate Purchases White Cap Land for Over $2.7 Million
Seagate Development Group has purchased 9.71 acres of land from Harvey B. Youngquist for $2,760,615. Derek Bornhorst at Lee & Associates represented the buyer, while Gary Fluharty at B.I.G., LLC represented the seller in this transaction. Now, the leading, full-service development company will design and build a 45,000-square-foot facility for White Cap Construction Supply at 16542 Oriole Road (Fort Myers).
The national building materials supplier’s new location will be adjacent to the upcoming Alico Trade Center being built by Seagate, with pad site leasing and sales by Lee & Associates.
White Cap will include office space, an open-area conference room and a break room, a showroom and a 32,990-square-foot warehouse. An 18,000-square-foot steel fabrication building will feature an overhead crane and steel-bending machines. PDS Architecture is the exclusive architect on this project.
“When we design and build any commercial building, particularly one that is in such an in-demand location, we maximize that location with an equally in-demand functionality of every square inch of that space,” said Matt Price, CEO & Partner at Seagate Development Group. “Seagate’s relationship with White Cap, coupled with a passion for this process, will contribute to dozens of local jobs and a move in the right direction for a national company on a regional scale.”
Seagate will break ground on White Cap this month and complete the landscape-changing project in the fourth quarter of 2021.
For more information on Seagate’s extensive commercial portfolio, particularly high-profile design-builds, visit its new portfolio pages at SeagateDevelopmentGroup.com.