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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • May 9, 2011
SinoFresh reduces shares

The Venice firm's board approved a 1-for-1000 reverse stock split last week.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 9, 2011
Premier buys third failed bank

Its third failed bank buy this month makes it Florida's sixth-largest bank.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 9, 2011
A Friend of Crist in Name Only

George LeMieux, who held Mel Martinez' U.S. Senate seat for 16 months, is hammering away on a looming issue in the early going of his campaign to win the seat in earnest.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Canadian investment group buys MacDill Landings units

Vancouver, British Columbia-based A.J. Galbraith & Associates Ltd. purchased 21 residential condominium units in the 28-unit MacDill Landings for $1.84 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Penn-Florida, Edge Principal Advisors buy Lakeview Center, Eastpointe

A joint venture partnership purchased a mortgage covering the Lakeview Center and Eastpointe office buildings from GE Capital and took ownership of the properties in lieu of foreclosure.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Michigan investors buy Cape Grande land

Farmington Hills, Mich., investor John Kulhavi purchased a 3,254-square-foot office building on 3.1 acres fronting the Caloosahatchee River for $1.45 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Railhead Recycling developing paper baler

The owners of Railhead Recycling purchased a 26,000-square-foot manufacturing building on three acres for $1.4 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Blue Rock Partners buys Palm Grove Apartments

Tampa-based Blue Rock Partners LLC purchased the 244-unit Palm Grove Apartments for $5.55 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Miami contractors buy, developing Bella Casa

A Miami company purchased 26 completed units and another 120 partially developed units in the Bella Casa condominium development for $2.4 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Sarasota P.F. Chang's still in the works

Approval work continues for a P.F. Chang's China Bistro in downtown Sarasota.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Taylor-Pansing hired to renovate McCollum Hall

The City of Fort Myers approved a continuing contract with Taylor-Pansing Inc. to act as construction manager-at-risk for the first phase of the roofing and stabilization of McCollum Hall.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Nokomis investors put contract on El Patio Hotel

David and Susan Macrae of Nokomis have signed a contract to buy the historic El Patio Hotel in Venice for $2.2 million. The agreement, which is still in its due diligence period, is scheduled to close in May.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Corporate Report: May 6

The latest news from Ceelox Inc., Technology Research Corp., and other Gulf Coast companies.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Lee, Collier housing starts up

Falling inventory in subdivisions leads to increased construction activity.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2011
Home prices suffer double dip

Tampa prices down 13%; nationwide prices below March 2009 levels.

  • Tampa Bay-Lakeland
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