A major investor in commercial properties in Naples bought two office buildings in the downtown area for $13.9 million. Hoffman Commercial Real Estate paid $7.3 million for Petit Square, an 8,616-square-foot office building at 294 14th Avenue South. Hoffman paid $6.63 million for another office building at 271 Broad Avenue South. The two office buildings bring to 17 the number of Naples properties that Hoffman has acquired in the last three years. Hoffman has contracts ... [more]