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Changes at two Naples shopping centers, thoughts on commercial property

While economic indicators point to continued growth in Naples, many of our readers know that business stability and growth are often directly related to location, business neighbors, automobile and foot traffic and of course, to terms of the governing commercial lease. While these factors don't fit neatly into government economic forecasts, they can make all the difference to hard-working entrepreneurs who have their boots on the ground in the fight for business survival.

A recent column in the Naples Daily News provided a useful overview of some of the recent changes in commercial leases and business transitions.

Commercial space in SW FL and commercial leases themselves have been changing. Many people have noticed a dramatic change at the Freedom Square shopping center. The long-time Goodwill store and donation center there closed its doors after its lease was not renewed in late April.

A spokesperson for Goodwill Industries said the organization is "very disheartened that we have to leave" the shopping center at Collier Boulevard and U.S. 41 East. The spot will see a new tenant later this year, as Florida-based Pet Supermarket moves in.

A New York-based company purchased Freedom Square and Naples Plaza and changes are in the works. A pair of long-time hair care places are going to move out of Naples Plaza to make room for another Pet Supermarket there.

Rice's Barber Shop has been there since the days of JFK and was among the first businesses to open in the then-new Plaza, the newspaper reports. The shopping center was back in those days anchored by a Grants department store --- a once-prominent chain of stores that went out of business in the 1970s.

We all know that change is one of the few constants in life. The commercial real estate market is constantly adjusting, as some older businesses make way for newer ones.

You can discuss the plans and needs of your business with a Naples attorney experienced in a wide variety of real estate deals and disputes, including leases, purchases, sales, service mark dilution, appropriation of another's name or likeness for profit, non-compete covenants, and more in SW Florida.

We hear a lot about "alternative facts" these days. Many people involved in legal disagreements fear that the truth will never be brought forward. They fear that if one party lies enough, those fabrications will become accepted fact. However, the legal process, even before Court in alternative dispute resolution processes, such as mediation and arbitration, has a way of shining light into all corners.

"Truth has a resonance to it that fills the cracks where falsehoods lie."
― Rick DeStefanis, The Gomorrah Principle

People who fabricate stories almost always slip up eventually. As Mark Twain said:
"If you tell the truth, you don't have to remember anything."

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