Land Purchased from Algenol for Assisted Living Facility
Algenol BioFuels, a manufacturer of algae-to-ethanol fuels, leased 43,100 square feet of office and warehouse space and an adjacent 40 acres of industrial land at Alico Road Business Park on Lee Road just north of Alico Road in Fort Myers. Algenol will headquarter its new research and development facility out of the properties within the coming months. Bjorn Rosinus of Alico Commercial Group negotiated the transaction.