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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • February 22, 2011
Muni-bond disaster questioned

Meredith Whitney, the analyst who catapulted to fame by being one of the first to warn of the financial crisis, gave municipal-bond investors a big scare recently.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2011
TRC execs sign retention deals

Technology Research Corp. leaders might be preparing for a takeover.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2011
Florida Bank Group's Reid out

Dale Reid, the Tampa bank's chief risk officer for the past year, resigned.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2011
Blake Medical buys Pinnacle

Two Bradenton-based health care provider networks are merging.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2011
Robb & Stucky goes bankrupt

The Fort Myers-based furniture retailer filed under Chapter 11 last week.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 21, 2011
Small space draws large list of interest

Sarasota commercial real estate broker Eric Massey has a long list of potential tenants who will want to vie for the opportunity to lease a mere 355 square feet of space.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Arthrex employs 1,000 locals

Naples-based Arthrex Inc. hired its 1,000th local employee in January.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Progress Florida earnings down

Progress Energy's Florida operations were less profitable in 2010.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Naples sales, prices falling

Property closings fell 10% over the year; the median sale price dropped 13%.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Michigan hotel owner buys Pierview

Michigan hotelier Remo Polselli purchased the 70-room Pierview Hotel & Suites on Fort Myers Beach for $3.5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Investors buy 224 Oasis condos

A joint venture that includes Southwest Properties and Geosam Capital purchased 224 of 240 condos in Oasis Grand's Tower II for $35.95 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Venice Lincoln Mercury buys Buchanan's Venice properties

Venice Lincoln Mercury purchased the Venice Dodge Nissan property on U.S. 41 Bypass and two buildings on Seaboard Avenue for $6.5 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Tampa investors buy Baywater Apartments

Tampa investors Albert Salem and Ranald Stewart III purchased the 176-unit Baywater Apartments for $8.75 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Canadian developer buys sites at Fruitville, U.S. 41

Toronto-based Palsar Development Inc. purchased 1.28 acres at the northwest corner of Fruitville Road and U.S. 41 for $2.7 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 18, 2011
Bovis Lend Lease completes Aqualea Resort

Bovis Lend Lease completed construction of the Aqualea Resort and Residences on Clearwater in Clearwater.

  • Tampa Bay-Lakeland
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