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News

By

Observer Staff
August 16, 2024

$800M Longboat Key resort welcomes locals for soft opening

The resort, which has been under construction for nearly three years, unveiled the awe-worthy features of the five-star property.

Manatee-Sarasota

By

Elizabeth King
August 16, 2024

Sarasota window company declares bankruptcy, owes more than $1.2M

Sash & Sill owner Todd Hoch has filed Chapter 7 bankruptcy and been censured in Sarasota County.

Manatee-Sarasota

By

Louis Llovio
August 16, 2024

Legendary Fort Myers Beach restaurant property sells for $3.65M

In the week's top commercial real estate news, an Estero Ford dealership grows its service department and an investor borrows $82 million to buy a pair of Lutz apartment communities and a local construction company buys a Sarasota warehouse and office space.

Florida

By

Laura Lyon
August 15, 2024

Tampa-based insurance firm expands out of state

An increasing number of homes in South Carolina will now be covered.

Tampa Bay-Lakeland

By

Andrew Warfield
August 15, 2024

Sarasota City Manager Marlon Brown announces his retirement

Coming to Sarasota in 2009 as deputy city manager, his retirement is effective Oct. 15.

Manatee-Sarasota

By

Louis Llovio
August 15, 2024

Retail space near Rays stadium site sells for $2.4M

A Miami developer has bought the ground floor retail space at a 20-story tower in downtown St. Petersburg.

Tampa Bay-Lakeland

By

Laura Lyon
August 15, 2024

Tampa environmental firm acquires 42-employee California business

Both groups aim to cover more ground out west.

Tampa Bay-Lakeland

By

Elizabeth King
August 15, 2024

Lakewood Ranch tech conglomerate makes $1.6B acquisition

Roper Technologies plans to acquire Transact Campus and integrate it with an existing software subsidiary.

Manatee-Sarasota

By

Louis Llovio
August 14, 2024

Polk County apartments get $69 million refinancing

The apartment community in Davenport was completed in 2022 and a second phase with more than 300 units is set to be complete later this year.

Tampa Bay-Lakeland

By

Elizabeth King
August 14, 2024

Bankrupt flooring company closing 2 stores in region

LL Flooring, which declared Chapter 11 bankruptcy, will close locations in Clearwater and Tampa.

Tampa Bay-Lakeland

By

Mark Gordon
August 14, 2024

Snack company hits $100M in Florida sales, targets market share

Utz Brands bought a series of routes that include Fort Myers and Naples.

Charlotte–Lee–Collier

By

Laura Lyon
August 14, 2024

Tampa man gets three years in prison for Covid-era wire fraud

He received his sentence after being convicted in May.

Tampa Bay-Lakeland

By

Jay Heater
August 14, 2024

Lakewood Ranch area sees uptick in high-end home listings

A $7 million home in The Concession, nicknamed the Magnolia Estate, is the latest listing that will draw international attention.

Manatee-Sarasota

By

Louis Llovio
August 13, 2024

Vinik to expand Lightning ownership, team worth 'close to $2 billion'

Jeff Vinik is in talks to grow the Tampa Bay Lightning’s ownership group but has no immediate intentions to step away from-day-to-day operations.

Tampa Bay-Lakeland

By

Louis Llovio
August 13, 2024

Naples construction firm buys area remodeling business for $2M

The Henning Company in Naples has picked up Residential Maintenance Solutions and will merge it to create a new operation.

Charlotte–Lee–Collier

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