Pelican Bay Development Signs Lease with Office Depot: Will Start Construction of 120,000-SF Alico Commons Retail Center south of Fort Myers

BONITA SPRINGS, FL--Pelican Bay Development has negotiated a 20,898 square foot pre-construction lease agreement with Office Depot at Alico Commons, a 120,000 square foot retail center that will get under way this spring on Alico Rd. at U.S. 41 south of Fort Myers.

James Nashman, president of Pelican Bay Development, said Alico Commons will include 31,165 square feet of retail space for small shops.

Nashman said Pelican Bay is currently completing negotiations with a major grocery chain to occupy some 45,000 square feet in the center.

Stand alone retail stores on out parcels at Alico Commons include a 13,013 square foot CVS Pharmacy, a 5,000 square foot Florida Bank and a convenience store with 16 pump gas station.

Nashman said an existing 2,600 square foot Arby’s restaurant and 3,000 square foot Baskin Robbins Dunkin Donuts restaurant are already operating on the Alico Commons site.

For more information, please contact:

James Nashman,

President of Pelican Bay Development,

239-498-5363 or

Larry Vershel or Beth Payan,

LV Communications,

407-644-4142 (fax 4410)

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