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News

    By
  • Business Observer Staff
  • February 18, 2010
OMG Realty buys Wachovia branch

OMG Realty LLC, an entity managed by Fort Myers plastic surgeon Ralph Garramone, purchased a former 10,020-square-foot Wachovia bank branch at the northwest corner of Cleveland Avenue and Big Pine Way for $1.3 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
Platinum Equity wins Wellcraft buildings

Platinum Equity LLC acquired Wellcraft's closed main manufacturing facilities at 15th Street and Whitfield Avenue in Sarasota, an auxiliary plant and a vacant piece of land for $6.5 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 18, 2010
Aldi buys Lone Star for Bradenton store

Batavia, Ill.-based discount grocer Aldi USA purchased a 10,076-square-foot former Lone Star Steakhouse restaurant building southwest of Cortez Road and 47th Street for $1.88 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 18, 2010
National Home Communities buys Club Wildwood

Scottsdale, Ariz.-based National Home Communities LLC/National RV Communities LLC, purchased the Club Wildwood Mobile Home Park, a 478-space senior manufactured-home community in Hudson for $20.2 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 18, 2010
Microlumen buys land in Oldsmar

Microlumen Enterprises LLC, a Tampa-based manufacturer of high-performance medical tubing, purchased 6.5 acres on Forrest Lakes Boulevard, north of Tampa Road, for $1.5 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 18, 2010
Maryland doctor develops Sanibel complex

Maryland gastroenterologist James Frizzell purchased 2.23 acres on Tarpon Bay Road near Periwinkle Way for $1.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
Cambridge affiliate buys 18 residential units

Del Ray Condominium Properties LLC, a company affiliated with Naples property management company Cambridge Management of Southwest Florida, purchased 18 units in six condominium developments in Lee and Collier counties for $1.2 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
Venice Christian Schoo plans three-phase expansion

Venice Christian School has filed a site plan for the first of a three-phase expansion project.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 17, 2010
Firm shifts strategy, changes name

Fawley Bryant Architects, one of the leading architecture firms in the Sarasota-Bradenton region, has dropped the word architecture from its name.

  • News
    By
  • Business Observer Staff
  • February 12, 2010
Three easy steps ... to pay taxes

If you follow the Greater Tampa Chamber of Commerce on Twitter, you may have noticed the tweet posted by the organization last week: How to start a small business in #Tampa. And then a link to a page on the City of Tampa's website, claiming that, “starting a small business in Tampa is as easy as 1-2-3.”

  • News
    By
  • Business Observer Staff
  • February 12, 2010
Meaning of being a local contractor

The cheerleading brigade was in full-force at the inaugural lunch meeting of the Manatee Tiger Bay Club, where a four-man panel debated this question: Does Manatee County Mean Business?

  • News
    By
  • Business Observer Staff
  • February 12, 2010
November Index of Retail Activity

Declines in the retail index in all areas of the Gulf Coast were smaller than the statewide drop of -3.7%. In areas such as Sarasota, Naples and Punta Gorda, the annual-percentage declines in the index were less steep than in previous months.

  • News
    By
  • Business Observer Staff
  • February 12, 2010
Adler Group moves into Naples market

The downturn in the commercial real estate market on the Gulf Coast is attracting more outside investors looking for opportunities.

  • News
    By
  • Business Observer Staff
  • February 12, 2010
Venture capital drought continues

If you're having a rough time finding venture capital, you're not alone.

  • News
    By
  • Business Observer Staff
  • February 12, 2010
Alleged bank fraud and politics mix

As if banks don't have enough trouble, now Bank of America, and possibly other financial institutions that may have misled Florida's pension fund, may come under investigation by Florida Attorney General Bill McCollum, the leading Republican candidate for governor.

  • News
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