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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • December 18, 2009
Economic Snapshot: September Building

Naples and Sarasota, two of the most difficult areas to obtain building permits, saw the biggest drops in building investment in the region in September on an annual percentage-change basis.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 18, 2009
Company moves, EDC waives the flag

In some corners, the nugget that Bradenton-based Teltronics is moving from its old facility in southern Manatee County to newer digs in northern Manatee County is legitimate good news during a troubling economic time.

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

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

  • News
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
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