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News

    By
  • Business Observer Staff
  • December 18, 2009
Mr. Campbell sends to Washington

One of the Gulf Coast's more successful businessmen is touting a plan — really just a simple rule change — that could have an impact worth billions of dollars and knock down the number of foreclosures.

  • News
    By
  • Business Observer Staff
  • December 18, 2009
Enemies among meat companies

Boar's Head Provisions, the nationwide deli meat company with a corporate headquarters in Sarasota, has found itself in a food fight with a competitor.

  • News
    By
  • Business Observer Staff
  • December 18, 2009
McDonald was right: Exxon buys XTO Energy

Last week, Coffee Talk cited a conversation with John McDonald, senior managing director at Hyde Park Capital Partners, about the current market for mergers and acquisitions.

  • News
    By
  • Business Observer Staff
  • December 18, 2009
Bank executive takes banking break

The Gulf Coast banking industry has an accomplishment to celebrate — one that has nothing to do with raising capital to stave off regulators.

  • News
    By
  • Business Observer Staff
  • December 18, 2009
More funny stuff with rail vote?

A simple analysis of how Democrats and Republicans voted on the rail bill supported by Republican Gov. Charlie Crist shows that, for those legislators who voted against the bill, Democrats were nearly three times more likely to have voted “nay” than the traditionally more conservative Republicans.

  • News
    By
  • Business Observer Staff
  • December 18, 2009
November foreclosure trends mixed

The axiom that all real estate is local applies to foreclosures, too.

  • News
    By
  • Business Observer Staff
  • December 17, 2009
Tropic Property Management buys Omni Apartments

Tropic Property Management Inc., a company headed by Tampa attorney Stephen Kipple, purchased the 47-unit Omni Apartments on 109th Avenue east of U.S. 41 for $595,000.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 17, 2009
Hunter Warfield buys new HQ building

Tampa-based collections and asset investigation firm Hunter Warfield purchased a former State Farm Insurance building in Woodland Corporate Center just of Water Avenue for $2.3 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 17, 2009
Florida investors buy Bridgeview Apartments

Bridgeview Apartments LLC, an investment group affiliated with the Davie-based real estate firm JB Howell, purchased the 348-unit Bridgeview Apartments near Hanley Road for $20.8 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • December 17, 2009
Harun buys former bank building

The limited liability company Harun LLC purchased a 12,340-square-foot former Wachovia Bank branch just south of State Road 70 on Lakewood Ranch Boulevard for $1.4 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 17, 2009
Florida Badger buys retail, residential building

Mark Theiler, a Sarasotan best known for his Badger Appliance store, bought out a former partners' interest in a 7,984-square-foot two-story building east of the Sarasota Pavilion for $562,100.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 17, 2009
Brian's Auto Co. buys Venice lumberyard

Brian McMurphy, owner of Brian's Auto Co. of Osprey, purchased a 48,805-square-foot lumberyard on Center Road between Tamiami Trail and the U.S. 41 Venice Bypass from Cox Lumber for $700,000.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • December 17, 2009
Automated Petroleum, Energy buys Fort Myers Sunoco

Brandon-based Automated Petroleum & Energy Co. Inc. purchased a Sunoco service station building north of Dr. Martin Luther King Jr. Boulevard near Interstate 75 for $750,000.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • December 17, 2009
Georgia company buys Consulate Health Care

FC-THC Leasing III LLC, a limited liability company related to Alpharetta, Ga.-based Formation Capital, purchased the 43,430-square-foot Consulate Health Care of North Fort Myers retirement community at the southeast corner of Pondella Road and 25th Avenue for $10.1 million.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • December 17, 2009
Pain Management

Commercial real estate deals have slowed to a crawl as everyone awaits a tidal wave of debt refinancing. What lenders do next will determine the value of office buildings, warehouses and shops on the Gulf Coast.

  • Tampa Bay-Lakeland
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