BARRON COLLIER COMPANIES AND SEAGATE DEVELOPMENT GROUP SELL AVE MARIA CUBESMART FOR $13.6 MILLION
NAPLES, FL., — August 15, 2022— Barron Collier Companies and Seagate Development Group sold Ave Maria CubeSmart Self-Storage – a joint venture between the two organizations. CubeSmart was sold to William Warren Properties, Inc. for $13.6 million in June.
CubeSmart is located at 5320 Useppa Drive in the Ave Maria Park of Commerce and is a one-story, two-building facility totaling 51,000-square-feet. This sale comes three years after the building broke ground in Ave Maria, Florida.
“We successfully partnered with Seagate Development Group to develop and provide another convenience in Ave Maria. The climate-controlled indoor and exterior storage facility has been very well received by the community,” said Brian Goguen, Chief Investment Officer of Barron Collier Companies, developer of Ave Maria.
ABOUT BARRON COLLIER COMPANIES
Barron Collier Companies is one of the largest diversified companies in Florida dedicated to the responsible development, management, and stewardship of numerous landholdings. Led by the Collier family, with roots tracing back one hundred years to Collier County, founder Barron G. Collier, Barron Collier Companies pursues its vision for Southwest Florida with successful enterprises in several areas including agriculture, land development and mineral management. For more information, please visit www.barroncollier.com or call 239-262-2600. Please visit www.barroncollier.com to learn more about Barron Collier Companies project portfolio.