Sanibel Captiva Bank increases their investment in Gateway with $3.1M building purchase

Posted on February 21, 2019, 3:06 pm
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In a sign that Sanibel Captiva Community Bank is committed to Gateway for the long haul, the company has just completed the purchase of the building they currently occupy at 11691 Gateway Boulevard for $3,095,000.

Sanibel Captiva Bank said in a statement: The bank has hired Fowler Construction to renovate the building, including improvements to the common areas, bathrooms, stairwells and main entrance. In addition, the bank will be repaving the parking lot and adding new landscaping to the property.





In addition to the bank, the the 17,000 square-foot occupied by other businesses. Sanibel Captiva Bank said the building is fully leased.

“This building is a great addition to our portfolio because of its excellent location and the diverse group of tenants who offer a wide variety of services and products to the Gateway community,” said Craig Albert, the president and CEO of Sanibel Captiva Bank.

Sanibel Captiva Bank is the only bank that has a physical branch in the Gateway community. For more information about them, please visit SanCapBank.com.

Editor of the Gateway Sun and owner of restaurant delivery service Florida Food Runner.

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