Hoffmanns To Acquire Downtown IberiaBank Building, Offer Additional Luxury Executive Suites
December 1, 2021
Hoffmann Commercial Real Estate, the largest privately held commercial real estate company in Naples, Fla. is under contract to purchase the Iberia Bank building located at 428 9th Street South off US 41 near 5th Avenue South in downtown Naples, Fla.
The acquisition of the building will mark the companies 36th building purchase in SWFL since their first acquisition in Naples in 2015. The intended purpose of the newest building acquisition, additional executive suites under the Hoffmann Executive Suites brand run by Madelene Columbus.
“We are currently at 100% capacity with a waitlist for our executive suites” says Columbus, President of Hoffmann Executive Suites. “We currently provide offices for 135 clients in our existing locations in addition to over 115 virtual clients. There is a growing demand for executive offices in the Downtown Naples area and we are excited to be adding the new location to the HES portfolio.”
Hoffmann Executive Suites currently operates in five locations, four in Naples, Fla. at 305 5th Ave South, 365 5th Ave South, 405 5th Ave South and 649 5th Ave South and one in Avon, Co. called Basecamp Executive Suites where the Hoffmanns are also accredited with revitalizing the downtown area of the city much like in Naples, Fla. and Winnetka, Il.
The newest addition, being the fifth in Naples and sixth overall, would offer up to an additional 16 luxury executive suites. Each Hoffmann Executive Suite location offers furnished suites varying in size from single suites to multi-office suites with conference and meeting rooms, reception services, private parking, daily housekeeping, high-speed fiber internet, full kitchen with unlimited coffee, teas and waters and package services. Day offices and conference rooms are also available and virtual office services with incoming mail handling and administrative support.
For more information on the Hoffmann Executive Suites, please visit HoffmannExecutiveSuites.com or call (239) 316-9445
Photo Credit: Tim Aten