TCG IN THE NEWS: TIM SCHNEIDER AND MATT FREDRICKSON FEATURED IN THE BUSINESS OBSERVER
This Wednesday, September 1st, 2021, the Business Observer magazine recognized TCG’s very own Tim Schneider and Matt Fredrickson regarding an article titled “Developer Sells Retail Plaza for More Than $5M.” The retail property being featured is a 30,000‑ SF prime retail center called Arbor Towne Square, located in Fort Myers. Seagate Development Group bought and redeveloped the property more than three years ago. The tenants of Arbor Towne Square consist of Goodwill, Allstate, Domino’s Pizza, Walgreens, and Pinch A Penny. During this transaction Tim Schneider represented the seller and Matt Fredrickson represented the buyer.
In an interview with Business Observer Matt Price, Seagate Development Group’s CEO and Partner, says that “this center was a great opportunity for redevelopment when we purchased it.” He also added that “Arbor Towne Square has direct access to I-75 and is in a prime location. Thousands of people pass this site every day and rely on Tenant’s services. We are more than pleased with the product and look forward to the continued success of the project.”
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