Continental Realty Corp Unloads Parcel at Ft. Myers' Shoppes at Pelican Preserve
Deal News | Feb 24, 2025 | Continental Realty Corp

In a strategic real estate transaction, Continental Realty Corporation (CRC), a Baltimore-based commercial real estate and investment firm, sold a 2.2-acre parcel at the Shoppes at Pelican Preserve in Fort Myers, Florida, to Barclay Group for $2.2 million. This parcel is part of a shopping center that CRC acquired in 2018 and is anchored by Winn-Dixie along with several other national and local tenants. The new owner, Barclay Group, plans to develop a 42,000 square foot standalone building, which will house EoS Fitness. This development aligns with EoS Fitness's aggressive expansion in Florida, as they seek to enhance their market presence with a new location set to open in 2026. The facility will feature exclusive fitness amenities and serve as a pivotal attraction in the shopping center. Both firms cited the increase in traffic and added value to the tenant mix as critical benefits of this development. The transaction represents another milestone for Barclay Group, which has been a longstanding partner with EoS Fitness and has enabled the company's expansion into several states.
Sectors
- Commercial Real Estate
- Fitness and Health
Geography
- United States – The transaction and development are taking place in the United States, particularly Florida and Maryland.
- Florida – The specific location of property sale and new development is in Fort Myers, Florida.
- Maryland – Continental Realty Corporation is headquartered in Baltimore, Maryland.
Industry
- Commercial Real Estate – The article discusses the sale of a real estate parcel within a shopping center, making it relevant to the commercial real estate industry.
- Fitness and Health – The expansion of EoS Fitness, a national gym chain, highlights activities in the fitness and health sector.
Financials
- $2.2 million – The sale price of the 2.2-acre parcel sold by Continental Realty Corporation to Barclay Group.
Participants
Name | Role | Type | Description |
---|---|---|---|
Continental Realty Corporation | Seller | Companies | A Baltimore-based full-service commercial real estate and investment company. |
Barclay Group | Buyer | Companies | A Tampa-based real estate development and investment company. |
EoS Fitness | Target company | Companies | A fast-growing national gym chain expanding in Florida. |
Blake Dickinson | Vice President, Anchor and Development Leasing at CRC | People | CRC executive involved in the transaction. |
Bob Pekol | Commercial Advisor | People | Representative of the seller from LQ Commercial Fort Myers. |
Jessica McEvoy | Commercial Advisor | People | Representative of the seller from LQ Commercial Fort Myers. |
Tyler McRae | Buyer's Representative | People | Represented Barclay Group from SRS Real Estate Partners. |