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News

  • 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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 16, 2009
Paris company finds a home

A French medical equipment manufacturer is opening a U.S. headquarters in east Manatee County in a vote of confidence — albeit an anecdotal one — in America's current health care system.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 15, 2009
Southwest Florida free search sites

With commercial real estate in the dumps, everyone involved is looking to find inexpensive ways to market property. For Lee County and City of Cape Coral properties there are two commercial real estate Web sites to help inform potential buyers for free.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
Estero dentist buys unit in Coconut Point Center

Dentist Scott Johnson and his wife Kelley Johnson purchased a 1,900 square foot unit in the Coconut Point Center Condominiums on U.S. 41 south of Coconut Drive for $576,300.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
SchenkelShultz designs Storm Grove

SchenkelShultz Architecture in Sarasota designed Grove Middle School on Vero Beach, a $34.3 million, 167,500-square-foot school.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
R.E. Michel Co. Inc. buys Lime Avenue building

R.E. Michel Co. Inc., a Maryland-based wholesale heating, air and refrigeration equipment distributor, purchased a 16,500-square-foot building on Lime Avenue south of Mango Avenue for $1.32 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
Rooms To Go buys Darby, plans store

Seffner-based furniture retailer Rooms To Go Inc. purchased the former Darby Automotive dealership on Tamiami Trail south of Phillippi Street for $6.75 million. The purchase price equated to $1.38 million per acre.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
Ohio investment company buys Tampa Sweetbay Plaza

S-O Sweet FL Retail I LLC, a 50-50 partnership of Ohio-based investment and management company Streak Investments and Optimus One, purchased the 56,097-square-foot Sweetbay Plaza on North Dale Mabry south of Columbus Drive for $8.8 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
Prudential Palms Realty owner buys Lakewood Ranch Realty

Lakewood Ranch developer Schroeder-Manatee Ranch has agreed to sell its subsidiary Lakewood Ranch Realty Co. to Palms Real Estate Solutions.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
Lee County conservation program buys 293 acres

Lee County government purchased 293 acres of vacant land and wetlands north of Liberty Youth Ranch for $4.44 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 11, 2009
Sarasota County buys land for Honore-Pinebrook extension

Sarasota County government purchased 43 acres of agricultural land bordering Interstate 75 south of State Road 681 for $3.5 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 10, 2009
Sarasota: no business; Fort Myers: divided

Fort Myers is chasing Tampa for future growth, outpacing Sarasota.

  • News
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