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News

    By
  • Louis Llovio
  • May 2, 2023
Investor using three LLCs buys Bradenton shopping center for $12.1M

The Winn-Dixie-anchored Southwood Shops is fully leased as new owner takes over the 42-year-old shopping center.

  • Manatee-Sarasota
    By
  • Amanda Postma
  • May 1, 2023
Benderson buys Sarasota shopping center for $14.4 million

Bee Ridge Square is anchored by national department store Burlington.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 1, 2023
Premier Chicago hospital group pays $24.5M for Naples hotel property

Northwestern University affiliated medical group says it is exploring an outpatient facility on the Tamiami Trail property once home to the Collins Hotel.

  • Charlotte–Lee–Collier
    By
  • Brian Hartz
  • May 1, 2023
Longtime Jabil Inc. exec Kenny Wilson promoted to CEO

He succeeds Mark Mondello as leader of the St. Petersburg-based global manufacturing company.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 1, 2023
Polk County university official behind payments scam sent to prison

The executive vice president at Southeastern University created a false company to take payments for work another company did for much less money.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • May 1, 2023
Quiznos, taco chain plan statewide convenience store expansion

Cape Coral and Venice are first on the list for new dual-restaurant locations in Florida.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • April 30, 2023
Historic beach hotel wants to add 629 rooms as part of massive expansion

Golf, retail properties sold and a company buys three Manatee warehouse top the week's commercial real estate news.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • April 29, 2023
Homebuilders of 460 homes near sellout in Parrish community

The four homebuilders have just over 20 homes left to sell in their respective neighborhoods.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • April 29, 2023
South Florida company pays $33M for three Tampa business parks

Boca Raton-based Basis Industrial made its first foray into the Tampa market with the purchase and plans to soon add 1 million more square feet.

  • Tampa Bay-Lakeland
    By
  • Brian Hartz
  • April 28, 2023
Dade City bank promotes COO to president and CEO

Jim Esry succeeds Steven Hickman at First National Bank of Pasco.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • April 28, 2023
Report: Business rent delinquency rate hits nearly 40%

Restaurants and manufacturing industries are struggling more than most other sectors.

  • Florida
    By
  • Louis Llovio
  • April 28, 2023
Interest rates hurting housing inventory as homeowners hold on tight

A real estate firm CEO encourages agents to stay the course as interest rates throw the market into uncertainty.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • April 27, 2023
Prominent homebuilder hits 279 sales in first quarter

One of those homes was No. 20,000 to have been sold by Neal Communities.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • April 27, 2023
CRA approves $14 million for downtown Tampa theater

The money will go toward the second phase of a renovation that will, among other things, add a second screening room.

  • Tampa Bay-Lakeland
    By
  • Brian Hartz
  • April 27, 2023
Roaring '20s-inspired restaurant to open in downtown Tampa

The Dan’s menu will feature Cajun and Gulf Coast seafood cuisine.

  • Tampa Bay-Lakeland
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