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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • February 4, 2012
New York investors buy Cortez Apartments

New Rochelle, N.Y., apartment owners John and Michele Pugliese purchased the 84-unit Cortez Apartments for $4.6 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 4, 2012
Naples' Uptown Center sells for $7.7 million

Naples-based Halstatt Real Estate Partners purchased the 74,000-square-foot Uptown Center retail neighborhood center for $7.7 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 4, 2012
Sarasota investor Fox buys former U.S. 41 Concession office

Sarasota resident and clothing retailer Michael Fox purchased the 3,580-square-foot building best known as the former Concession sales office on U.S. 41 for $1 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Investors buy Bay View Plaza for $4.36 million

Tampa investors Sam and Laurice Hachem have expanded their holdings yet again. The couple purchased the 78,781-square-foot Bay View Plaza shopping center for $4.36 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Tampa Girl Scouts group buys half Eisenhower building

The Girl Scouts of West Central Florida purchased half of an Eisenhower Business Park building for $2.15 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Clark Station Retail Sarasota nearing Honore hotel start

A partnership is moving forward with plans for a new hotel on Honore Avenue in Sarasota.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Orion CEO could face 15 years

Former CEO Jerry Williams could face 15 years in prison for bank fraud.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
$20M project permitted in Lee

Contractors pulled permits for the construction of 35 new homes in January.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Stock Development's upbeat outlook

One of the first signs of an improving housing sector is when homebuilders can raise prices.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Florida home prices down 3.3%

Declines in the Tampa Bay and Sarasota areas were even more steep.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
With less debt, Beasley profits

Despite lower revenues, lower interest charges boosted the bottom line.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Florida banks lose $175M in '11

Despite the state's combined performance, Tampa Bay banks profited.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Real estate survey: Not rosy yet

Don't get too excited. Just because capital is available doesn't mean this is a good time to plunge into the real estate market.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Does Tampa need an antidepressant?

It's currently 79 degrees on a sunny afternoon in Tampa Bay. If only the economic climate matched the actual climate, the Tampa Bay metro area may not find itself in first place on another depressing survey.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 3, 2012
Hayek, not Keynes, got it right

In his new book, author Nicholas Wapshott asks: Who prevailed — John Maynard Keynes, or Frederick Hayek?

  • News
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