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BARRON COLLIER COMPANIES EXPANDS COMMERCIAL FOOTPRINT TO FLORIDA’S EAST COAST

NAPLES, FL., — October 4, 2018 – Barron Collier Companies has closed on the purchase of Sawgrass Pointe II, a 95,800 square-foot office building in Sunrise, Florida. Located within the Sawgrass International Corporate Park, the three-story, Class A office building was purchased in a joint venture between Barron Collier Companies and Vanderbilt Office Properties.

“The acquisition of Sawgrass Point II is part of our strategy to diversify our investments geographically,” states Brian Goguen, chief investment officer for Barron Collier Companies. “The property’s strong tenant base and appealing location were important factors in our consideration.”

This is the third joint venture in a commercial property investment between Barron Collier Companies and Vanderbilt Office Properties. With an extensive commercial portfolio spanning more than one million square feet, Barron Collier Companies’ collection of properties includes Newgate Center, Quarles & Brady & Premier Executive Center, 4099 Tamiami Trail Building, Ave Maria Town Center, Magnolia Square and Creekside Corners.

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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 land holdings. 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.