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Business Observer | Business Observer

    By
  • Business Observer Staff
  • December 18, 2009
November foreclosure trends mixed

The axiom that all real estate is local applies to foreclosures, too.

  • News
    By
  • Business Observer Staff
  • December 17, 2009
Tropic Property Management buys Omni Apartments

Tropic Property Management Inc., a company headed by Tampa attorney Stephen Kipple, purchased the 47-unit Omni Apartments on 109th Avenue east of U.S. 41 for $595,000.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 17, 2009
Hunter Warfield buys new HQ building

Tampa-based collections and asset investigation firm Hunter Warfield purchased a former State Farm Insurance building in Woodland Corporate Center just of Water Avenue for $2.3 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 17, 2009
Florida investors buy Bridgeview Apartments

Bridgeview Apartments LLC, an investment group affiliated with the Davie-based real estate firm JB Howell, purchased the 348-unit Bridgeview Apartments near Hanley Road for $20.8 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 17, 2009
Harun buys former bank building

The limited liability company Harun LLC purchased a 12,340-square-foot former Wachovia Bank branch just south of State Road 70 on Lakewood Ranch Boulevard for $1.4 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 17, 2009
Florida Badger buys retail, residential building

Mark Theiler, a Sarasotan best known for his Badger Appliance store, bought out a former partners' interest in a 7,984-square-foot two-story building east of the Sarasota Pavilion for $562,100.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 17, 2009
Brian's Auto Co. buys Venice lumberyard

Brian McMurphy, owner of Brian's Auto Co. of Osprey, purchased a 48,805-square-foot lumberyard on Center Road between Tamiami Trail and the U.S. 41 Venice Bypass from Cox Lumber for $700,000.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 17, 2009
Automated Petroleum, Energy buys Fort Myers Sunoco

Brandon-based Automated Petroleum & Energy Co. Inc. purchased a Sunoco service station building north of Dr. Martin Luther King Jr. Boulevard near Interstate 75 for $750,000.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • December 17, 2009
Georgia company buys Consulate Health Care

FC-THC Leasing III LLC, a limited liability company related to Alpharetta, Ga.-based Formation Capital, purchased the 43,430-square-foot Consulate Health Care of North Fort Myers retirement community at the southeast corner of Pondella Road and 25th Avenue for $10.1 million.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • December 17, 2009
Pain Management

Commercial real estate deals have slowed to a crawl as everyone awaits a tidal wave of debt refinancing. What lenders do next will determine the value of office buildings, warehouses and shops on the Gulf Coast.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 16, 2009
Paris company finds a home

A French medical equipment manufacturer is opening a U.S. headquarters in east Manatee County in a vote of confidence — albeit an anecdotal one — in America's current health care system.

  • News
    By
  • Business Observer Staff
  • December 15, 2009
Southwest Florida free search sites

With commercial real estate in the dumps, everyone involved is looking to find inexpensive ways to market property. For Lee County and City of Cape Coral properties there are two commercial real estate Web sites to help inform potential buyers for free.

  • News
    By
  • Business Observer Staff
  • December 11, 2009
Estero dentist buys unit in Coconut Point Center

Dentist Scott Johnson and his wife Kelley Johnson purchased a 1,900 square foot unit in the Coconut Point Center Condominiums on U.S. 41 south of Coconut Drive for $576,300.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • December 11, 2009
SchenkelShultz designs Storm Grove

SchenkelShultz Architecture in Sarasota designed Grove Middle School on Vero Beach, a $34.3 million, 167,500-square-foot school.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 11, 2009
R.E. Michel Co. Inc. buys Lime Avenue building

R.E. Michel Co. Inc., a Maryland-based wholesale heating, air and refrigeration equipment distributor, purchased a 16,500-square-foot building on Lime Avenue south of Mango Avenue for $1.32 million.

  • Manatee-Sarasota
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