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Egan Group acquires seven-story class A office building in Naples, Fla.
Transactions - JULY 30, 2024

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Egan Group acquires seven-story class A office building in Naples, Fla.

by Denise Moose

Egan Group has acquired The Truist Office Building, a 68,003-square-foot, class A office building in Naples, Fla.

JLL represented the confidential seller and procured the buyer.

The Truist Building is located at 801 Laurel Oak Drive in the Pelican Bay neighborhood. The property is six miles north of downtown Naples and seven and a half miles from the Naples Airport. In addition, The Truist Building is surrounded by retail, restaurant and cultural amenities, including the Waterside Shops and Naples Philharmonic.

Renovated in 2012, the seven-story building is 90 percent occupied by tenants, including Truist Bank, BMO Harris Bank, UBS and Collier County. The property also features a 20-space underground parking garage.

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