By: Laura Layden | Multimedia Journalist
A Regions Bank building in North Naples is the latest buy for Halstatt Real Estate Partners, a local investment group.
The group is a private equity fund, sponsored by the Halstatt Partnership, the real estate operating and investment arm of the Sproul family. The Sprouls are part of the Barron Collier family, which has deep community and business roots in Naples.
The 50,000-square-foot bank building — at 4851 U.S. 41 North, south of Pine Ridge Road near the Outback Steakhouse — fetched $9.5 million. It’s the sixth investment for Halstatt Real Estate Partners in Southwest Florida since May 2011.
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