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Pine Island Realty Merges with John R. Wood Properties

Phil Wood, Chairman and CEO of John R. Wood Properties, today announced the acquisition of Bokeelia-based Pine Island Realty, the island’s leading residential real estate firm. The deal became official on Friday, April 1. In business since 1980, Pine Island Realty and its team of approximately 12 agents represent more than $100 million in residential transactions annually in Bokeelia, St. James City, Matlacha and Cape Coral. In addition to company staff and real estate agents, owners Mike Faulkner and Brian Faulkner have joined John R. Wood Properties and will remain active as vice presidents within the company. Two sales offices, at 5400 Pine Island Rd. in Bokeelia and 2959 Oleander St. in St. James City, are relocating to the offices of John R. Wood Properties, bringing the company to 21 locations throughout the Southwest from Florida.

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