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Market Square Phase II Gets $7M in Funding

FORT MYERS, FL-Argate Properties, which controls Market Square Associates LLC, is developing the 65,000-sf retail center here with the funding, provided by South Florida's Union Bank. Among the tenants planned for the new center: Comp USA, Cost Plus and Petco.

By Melissa Bogdany | Updated on October 03, 2004

FORT MYERS, FL-Market Square Associates LLC has obtained nearly $7.1 million in financing to acquire land for and develop Market Square Phase II, a 65,000-sf retail center planned for here. Union Bank provided the financing.

The center will be located at the southwest corner of Daniels Parkway on US Highway 41 and is planned to include retailers Comp USA, Cost Plus and Petco. Market Square Phase I is home to such retailers as Barnes & Noble and Target. Argate Properties in Miami is the project’s developer, which controls Market Square Associates LLC–the property owner.

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