27 May Seagate Redevelops 50,000-Square-Foot Business Park
SW Management & Realty – a Seagate Development Group company – has redeveloped Metro Gardens, based on the owner’s forward-thinking vision for quality improvement.
Located at 2830 Winkler Ave. in Fort Myers, the 49,615-square-foot office building has resealed roofs, a repaved parking lot, and updated landscaping with greater road visibility and curb appeal.
“When I purchased the property at auction in August 2019, the property needed a major face-lift, having been foreclosed on in 2013 and managed by a special servicer,” said George Graham, Owner of Metro Gardens Office Partners, LLC. “I was willing to invest the dollars to address the deferred maintenance as well as invest in tenant spaces with my tenants who were making long-term commitments to the building. Since I was able to acquire the property at a favorable price, I can offer highly competitive lease rates that start at $9 per square feet and a low CAM of $3 per square foot.”
Today, Metro Gardens has only two vacant office suites (4,100 and 3,300 square feet), down from 50 percent vacancy when Graham acquired it less than two years ago.
Last year, SW Management & Realty leased a 15,876-square-foot space to Area Agency on Aging for 15 years – which ultimately became the largest office lease in Lee County in 2020. Seagate is currently fitting out a 6,751-square-foot space for Southwest Florida Home Care, which is relocating its Lee County headquarters to Metro Gardens.
“Reputable businesses want to be in the new Metro Gardens because it is close to I-75 and offers tenants the ability to access their office directly from the parking lot, a key component in a contactless pandemic world,” said Matt Price, CEO & Partner at Seagate Development Group. “Couple that with its functionality and picturesque characteristics, and you have a big-picture product that was the brainchild of George Graham and one that we are proud to continue to make possible.”
For more information on leasing opportunities in Metro Gardens, visit https://www.loopnet.com/Listing/2830-Winkler-Ave-Fort-Myers-FL/17407305/ or call Heather Rumbold at (239) 738-7848.