6.4 acres near I-75 in Estero sells for $4.2M

One of the last commercial sites at University Highlands in Estero has sold for $4.2 million. University Highland Limited Partnership, through NM Development Group LLC, sold 6.4 acres to SREG University Highlands II LLC. The property is between Interstate 75 and Ben Hill Griffin Parkway, near Miromar Outlets. State records show SREG’s managers are J.