Press Releases
Marcus & Millichap Brokers $7.95M Sale of Naples Industrial Portfolio
February 24, 2026
NAPLES, Fla., Feb. 24, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 5510-5550 Shirley Street, a 33,750-square-foot, three-building small-bay industrial portfolio in Naples, Florida, for $7,950,000, or $240 per square foot.
“The deal generated six offers within the first two weeks of marketing, creating a competitive bidding environment for a well-located multi-tenant small-bay and retail opportunity in a constrained market,” said Howard Bregman, managing director investments. “The deal clearly demonstrates the demand for high-quality assets in the highly sought-after Naples market.”
Bregman, Barry Wolfe and Alan Lipsky, investment specialists in Marcus & Millichap’s Fort Lauderdale office, exclusively marketed the property on behalf of the seller, SS Naples LLC, and procured the buyer, Surely Do Realty 2 LLC.
The portfolio was fully occupied at closing and includes 10 units leased to seven tenants. All leases are triple net, and one tenant occupies an entire 11,250-square-foot building.
Situated on approximately 2.37 acres with 330 feet of frontage, the property is just west of Interstate 75 and north of Pine Ridge Road. Recent improvements include roof replacements completed in 2021 and 2024. The asset is directly across from The Country Club of Naples and near national retailers including Lowe’s, Costco and Target.
“The deal generated six offers within the first two weeks of marketing, creating a competitive bidding environment for a well-located multi-tenant small-bay and retail opportunity in a constrained market,” said Howard Bregman, managing director investments. “The deal clearly demonstrates the demand for high-quality assets in the highly sought-after Naples market.”
Bregman, Barry Wolfe and Alan Lipsky, investment specialists in Marcus & Millichap’s Fort Lauderdale office, exclusively marketed the property on behalf of the seller, SS Naples LLC, and procured the buyer, Surely Do Realty 2 LLC.
The portfolio was fully occupied at closing and includes 10 units leased to seven tenants. All leases are triple net, and one tenant occupies an entire 11,250-square-foot building.
Situated on approximately 2.37 acres with 330 feet of frontage, the property is just west of Interstate 75 and north of Pine Ridge Road. Recent improvements include roof replacements completed in 2021 and 2024. The asset is directly across from The Country Club of Naples and near national retailers including Lowe’s, Costco and Target.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
