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News

    By
  • Louis Llovio
  • October 29, 2024
Building supplier pays $620 million for 2,000 acres in Lee County

The North Carolina company bought the property on Alico Road where it already operates a quarry.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • October 29, 2024
Lee Health, with competitive forces swirling, becomes private nonprofit

The largest employer in Lee County has changed its business model.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • October 28, 2024
Weeks after hurricanes, St. Pete Beach house sells for $7.5M

The sale of the home in Pass-A-Grille closed Oct. 24, less than a month after hurricanes Helene and Milton cause major damage to Pinellas barrier islands.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • October 28, 2024
Garmin acquires company with Manatee County distribution facility

Employees at the facility in Manatee County will become part of the workforce for the Swiss-based technology company.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • October 28, 2024
$18B Atlanta-based investment firm expands in Florida with Tampa office

It's the second of Homrich Berg's Florida offices after opening in Palm Beach Gardens in 2021.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • October 27, 2024
SWFL Bank, foundation partner on $1.2M Ian recovery loan program

The program has an average loan size of $100,000.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • October 27, 2024
More than 275 Sarasota warehouse workers join union

Warehouse workers at UNFI are now part of the Teamsters Local 79.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • October 27, 2024
Benderson buys St. Armands Circle boutique property for $1.7M

In the week's top commercial real estate news, the Tampa Bay Rays find a new home for employees, a Punta Gorda retail development is sold, and a Lakewood Ranch adjacent plot is on the market.

  • Florida
    By
  • Louis Llovio
  • October 26, 2024
Longboat Key condo sells for $21 million

The 11,000-square-foot combined waterfront unit is the largest condominium sale in Sarasota County history.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • October 26, 2024
Columbia Restaurant on St. Armands reopens after storms

Cha Cha Coconuts is also back after nearly a month of work to repair damage from hurricanes.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • October 26, 2024
Tampa Bay woman pleads guilty in $300K university embezzlement case

Christina Lynn Morris, 46, of Plant City, has pleaded guilty to wire fraud where federal authorities say she embezzled nearly $300,000 from a local university.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • October 25, 2024
Florida woman sues Boar’s Head, Publix over husband’s listeria death

The wrongful death suit related to the listeria outbreak was filed in Sarasota County Circuit Court.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • October 25, 2024
Tampa Bay foster care nonprofit launches next phase of $8M campaign

The funds will build A Kid’s Place of Tampa Bay a new center and expand other services.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • October 24, 2024
Google listing: South Tampa Aldi to open on Halloween

Although the company won't verify when its doors will open, the grocer's Google listing says opening day is set for Oct. 31.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • October 24, 2024
Vinik completes anticipated sale of shares of Tampa Bay Lightning

The owner of the city’s National Hockey League team has sold a portion of the team and plans to run it day-to-day for the next few years.

  • Tampa Bay-Lakeland
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