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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
No retirement for Reitmann

Michael Reitmann, the man who led the home building association in Lee County for 27 years, has come out of retirement to lead the organization that's been beset by staff resignations.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Minnesota's Cortec Corp.opening plant in Sarasota

A company led by Boris Miksic, president and CEO of St. Paul, Minn.-based specialty chemical company Cortec Corp., purchased a 33,335-square-foot manufacturing facility in Parkland Centre for $1.4 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Laramar Group, Lubert-Adler buy South Tampa's The Cove

Chicago's The Laramar Group and Philadelphia-based real estate investment company Lubert-Adler Partners LP purchased the 689-unit The Cove apartments for $53.03 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Tampa's Metis Property Group buys Oakwood Village Apartments

Metis Property Group purchased the 120-unit Oakwood Village Apartments in Palmetto for $1.2 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Carroll Organization, AIMS Real Estate pay $122.5M for West Park Village

A joint venture of Atlanta-based Carroll Organization and AIMS Real Estate, a business unit within Goldman Sachs Asset Management, purchased the mixed-use West Park Village for $122.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Tampa urologist buys building, plans cancer treatment center

Tampa urologist Dr. Malcolm Root of Florida Urology Partners LLP purchased a 4,416-square-foot medical office building for $1.3 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Lee Memorial Hospital buys I-75 land for future expansion

Lee Memorial Hospital Inc. purchased about 14 acres of vacant land east of Ortiz Avenue and west of Scofield Street for $1.4 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
Business challenges familiar

Finding qualified employees and navigating government regulations rank among the top business challenges in Lee County.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 30, 2014
In Memoriam: Al Austin 1929-2014

Longtime area developer Dick Beard reminisces about Al Austin.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 29, 2014
Kleangas Energy buying Indiana company

The Tampa-based company wants to use Second Cycle Recycling to improve its energy pellet business.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 29, 2014
Sarasota firm secures second patent this week

xG Technology says its newest innovation will help reduce interference for mobile carriers.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 29, 2014
University lands $2 million gift

Community Health Association pledges $2 million to help Lehigh Acres students earn degrees in health care fields at Florida Gulf Coast University.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 28, 2014
LWR's MGA Insurance Group sold

Itasca, Ill.-based Arthur J. Gallagher & Co. is bringing the Lakewood Ranch firm under its North American affinity businesses.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 28, 2014
Former Sarasota YMCAs planned for multifamily

TerraCap Partners II purchased the land and buildings next to the Sarasota plaza with plans for a future multifamily development.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 28, 2014
Tampa innovation center plans incubator

The Tampa Bay Innovation Center is launching a St. Pete incubator to serve science and other startups.

  • Tampa Bay-Lakeland
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