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Fort Myers’ Royal Palm Square sells for $12 million, new owner envisions mixed-use community

Posted by David Dorsey on July 1, 2022
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Royal Palm Square, a Fort Myers retail center off Colonial Boulevard and just east of McGregor Boulevard, has a new owner with a new vision for the future. Alessio Holdings purchased the 14-acre site from ALS Commercial II LLC for $12 million. The deal that closed Thursday includes the Broadway Palm Dinner Theater and nine
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