Albert D. Hanser, Founder and Chairman of The Sanibel Captiva Trust Company has announced the purchase of the former Bank of America building at 2450 Periwinkle Way on Sanibel.


The 7,767 square foot building was built in 1988 as a full-service bank building in a prime location with ample parking.  “Thanks to the ongoing confidence of our dedicated clients, The Sanibel Captiva Trust Company has grown with the resident population of the islands over the last 30 years,” said Hanser.  “Our current space on Palm Ridge Road is at capacity and this new location will meet our needs for many years to come.”


The building will receive a complete external update and the inside will have a total redesign to maximize space for all current employees and room for multiple key hires in the future.  Terence M. Igo, CEO of The Trust Company said, “We plan to make our new home very comfortable for our clients and employees alike.  Preparing for growth with additional offices, flexible meeting space and a convenient, accessible location is all part of our strategy to meet the needs of our clients, providing them with the quality experience they have come to expect.”


Joyce Owens, FAIA, RIBA of Architecture Joyce Owens LLC in Fort Myers, FL has been selected as the architect of the project.  Owens designed the building The Trust Company currently occupies as wells as two of The Tampa Bay Trust Company offices (a division of The Sanibel Captiva Trust Company) in Tampa Bay.  Angi Lamers, Interior Designer at Workscapes, Inc. of Fort Myers will manage space planning for the interior and Mark Anderson, President of Benchmark General Contractors, Inc., also of Fort Myers will head up the build out.  Benchmark managed the original build in 1988.  Hanser said The Trust Company team anticipates occupying the building in late 2022.


The Sanibel Captiva Trust Company is an independent trust company with more than $3.5 billion in assets under management that provides family office and wealth management services, including investment management, trust administration and financial counsel to high-net-worth individuals, families, businesses, foundations, and endowments. Founded in 2001 as a state-chartered independent trust company, the firm is focused on wealth management services that are absolute-return oriented and performance driven. Each portfolio is separately managed and customized specifically to the client’s yield and cash-flow requirements. The Naples Trust Company and The Tampa Bay Trust Company are divisions of The Sanibel Captiva Trust Company. Offices in Sanibel-Captiva, Naples, Marco Island, Tampa, Belleair Bluffs-Clearwater and Tarpon Springs.