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Business Observer | Business Observer

    By
  • Business Observer Staff
  • October 24, 2014
Broadcaster reports advertising drop

Beasley Broadcast Group says revenues and profits declined as advertising fell and operating expenses rose.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 24, 2014
In Memoriam: William Merrill 1930-2014

William Merrill faced a stark reality in 1939 when he was 9 years old: His father had just died, and he had to go find work to help take care of his mom and sister.

  • News
    By
  • Business Observer Staff
  • October 24, 2014
Vandyk Group of Cos. buys Seafood Shack, Cortez Village property

Canadian developer Vandyk Group of Cos. purchased about 6.06 acres of waterfront land on Cortez Village just before the bridge to Bradenton Beach for $4 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • October 24, 2014
Doctor Ironman

Fort Myers surgeon Larry Black is in an Ironman league of his own.

  • News
    By
  • Business Observer Staff
  • October 24, 2014
Runway clear for commercial real estate

Here's a good sign investors are true believers in the commercial real estate recovery: More capital is flowing into the markets.

  • News
    By
  • Business Observer Staff
  • October 24, 2014
IP Capital Partners pays $49M for nine of Parkway Properties' buildings

Boca Raton-based real estate investment and asset management firm IP Capital Partners LLC purchased nine Tampa office buildings for $48.7 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • October 24, 2014
HealthCap Partners LLC buys Riverwalk Professional Center

Dallas-based private equity firm HealthCap Partners LLC purchased a 24,174-square-foot Riverwalk Pro

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 24, 2014
Super 8 motel owner buys Rodeway Inn

Hotelier Girish Patel of Bradenton purchased the 97-room Rodeway Inn in Sarasota for $2.4 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • October 24, 2014
Blue Rock Partners, Highgate buy Village at Brandon Apartments

A joint venture of Tampa-based Blue Rock Partners LLC and Chicago-based Highgate Capital Group purchased the 112-unit The Village at Brandon Apartments for $10.43 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • October 24, 2014
Vacant former Winn Dixie center sells to Wal-Mart for Supercenter

Retail giant Wal-Mart Stores Inc. purchased the Summerlin Square shopping center for $6.35 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 24, 2014
Another investor piles onto Hertz

Now that Hertz consented to Carl Icahn's demands for new management and seats on the board, the car-rental giant is facing yet another activist shareholder.

  • News
    By
  • Business Observer Staff
  • October 24, 2014
Business educator seeks to pass retirement

The first time business school professor and administrator Robert Anderson retired, in 2006, he admits it was a failure.

  • News
    By
  • Business Observer Staff
  • October 24, 2014
Hampton Inn, Suites Fort Myers Beach sells for $9.43 million

New York City-based The Lightstone Group purchased the 120-room Hampton Inn & Suites Fort Myers Beach/Sanibel Gateway for $9.43 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • October 24, 2014
Tide dry cleaners on a roll

Robert Lyons and Jon Kassolis were among the first in the country to open Tide-branded dry cleaners in Naples a year ago.

  • News
    By
  • Business Observer Staff
  • October 24, 2014
Attorney-led holding company buys Pines Industrial Park building

A company controlled by Sarasota attorney David Bone and his wife, Carol, purchased a 24,750-square-foot warehouse for $982,000.

  • Manatee-Sarasota
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