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News

    By
  • Business Observer Staff
  • September 9, 2013
Fla. might grab $845M budget surplus

The extra cash could be used to increase spending or cut taxes.

  • News
    By
  • Business Observer Staff
  • September 9, 2013
Reitmann joins Marvin Development

If you've ever built a home in Lee County in the last two decades, then you'll know Michael Reitmann, the tireless advocate for the industry.

  • News
    By
  • Amanda Heisey
  • September 6, 2013
This Week in Biz: September 6

Would you rather get fired or sit in a room and read a newspaper all day while getting paid? That answer might seem obvious... But that's what happens in Japan where it's taboo to fire an employee; lifetime employment is the norm. So, unwanted employees sit in “chasing-out rooms,” which are meant to get the employee to quit. Apparently, this practice could be bad for a company/the economy, but could be good culturally. Just think of all the unemployed recent grads in the U.S. that wish they got paid to sit and play on the computer... oh cultural differences. [New York Times]

  • News
    By
  • Business Observer Staff
  • September 6, 2013
Resident Techie: Chromecast: Good, but needs some polish

Last night I had a magical moment from one of the most seemingly mundane pieces of modern technology. Google's Chromecast isn't the first media streamer and, at the moment, it likely isn't even the best. But there's something special there and it goes way beyond the obvious.

  • News
    By
  • Business Observer Staff
  • September 6, 2013
TIA potty hoping for No. 1

Tampa International Airport bathroom finalist for best restroom contest.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • September 6, 2013
Feds hand out $10.4 million for bike paths

U.S. Secretary of Transportation Anthony Foxx visits Lee County to announce a bike-lane grant.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • September 6, 2013
Couple buys Banana Bay motel on Charlotte Harbor

The price equated to $94,643 per unit.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • September 6, 2013
Inland Real Estate Acquisitions buys Berkshire Reserve Townhomes

The price equated to $108,904 per unit.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • September 6, 2013
Indianapolis real estate investor buys S.R. 70 Texas Roadhouse

The price equated to $240 per square foot.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • September 6, 2013
PGT Industries buys land for additional glass plant

The price equated to $137,215 per acre.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • September 6, 2013
Jones Lang LaSalle buys Means Knaus, gains SunTrust Financial Centre

The purchase adds 16 million square feet to its office space under management with properties.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • September 6, 2013
Realty Financial Corp. buys Commons at Twin Lakes

The price equated to $158 per square foot.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • September 6, 2013
PDQ restaurants owner relocating to Anchor Plaza

The price equated to $115 per square foot for the office space.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • September 6, 2013
New Jersey investor buys Christian Brothers building

The price equated to $472 per square foot.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • September 6, 2013
Local insurance executive dies

Al Purmort Sr. had a penchant for a quiet kind of giving during a successful 50-year insurance career.

  • News
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