January 10, 2020
Maryland Firm Buys Major Lee County Site
Business Observer - Fort Myers. A Maryland-based development firm that has been active in Southwest Florida’s industrial and multifamily rental sectors over the past decade has acquired a significant site in Fort Myers.
Knott Realty Group and the affiliated James F. Knott Development Corp., of Timonium, Md., purchased nearly 123 acres in Lee County for $5.7 million, the latest in a series of land purchases in recent years.
Knott Realty, which has developed offices, apartments, warehouses and churches throughout the Baltimore metropolitan area over the past 40 years, acquired the property from Sara M. Rodriguez.
The tract, with nearly 5,000 feet of frontage along Interstate 75, in Fort Myers, intersects with Terminal Access Road.