Naples intersection upgrade aims to ease traffic on Vanderbilt Beach Road<\/a><\/p>\nAccording to an Oct. 19 news release from LQ Commercial Group, Lee Memorial Hospital Inc. purchased the property from Ruby Tuesday Hobart Exchange LLC.<\/p>\n
LQ Commercial Group Senior Associate Bob Pekol represented the seller in the transaction.<\/p>\n
The brokerage said the property attracted significant buyer interest, going from its initial listing to a pending contract in less than two months.<\/p>\n
“Freestanding second-generation restaurants in a location like this are rare, and the market responded fast,” Pekol said. “Interest from multiple groups is what moved it from listing to contract so quickly.”<\/p>\n
The property is situated in an area with approximately 37,000 vehicles passing daily, according to LQ Commercial Group.<\/p>\n
The brokerage said the transaction reflects continued interest in commercial properties in Southwest Florida.<\/p>\n
The news release did not specify what Lee Memorial Hospital Inc. plans to do with the former restaurant.<\/p>\n
An earlier version of this article’s headline referred to Lee Memorial, which may have implied a connection to the Lee Health hospital system. The buyer is identified in the transaction announcement as Lee Memorial Hospital Inc., which is a separate entity.<\/p>\n","protected":false},"excerpt":{"rendered":"FORT MYERS, Fla. (WINK) \u2014\u00a0Lee Memorial Hospital Inc. has purchased a former Ruby Tuesday restaurant in Fort Myers…\n","protected":false},"author":2,"featured_media":434351,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[61593,169673,209,211,210,9179,28,897,169674,169672,169669,77888,169670,169671,1521,10195],"class_list":["post-434350","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-american-culture","tag-american-films","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news","tag-films","tag-florida","tag-fort-myers","tag-healthpark-medical-campus-and-golisano-children","tag-lee-memorial-hospital-inc","tag-maryville","tag-ruby","tag-ruby-tuesday","tag-ruby-tuesday-hobart-exchange-llc","tag-southwest-florida","tag-tennessee"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/434350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=434350"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/434350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/434351"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=434350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=434350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=434350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}