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News

  • For Subscribers Only
    By
  • Louis Llovio
  • March 21, 2023
Home sales fall more than 20% in Florida and across the country

Despite plenty of inventory and falling sales, prices in the Florida and along the Gulf Coast continue to rise.

  • News
  • For Subscribers Only
    By
  • Brian Hartz
  • March 21, 2023
St. Petersburg travel insurance company names new CEO

Rupa Mehta, a veteran of Angi and Groupon, has been tapped to lead Squaremouth.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • March 20, 2023
Naples home sells for $46.8 million

The house in Port Royal is one of the most expensive single-family homes to sell in the county's history.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • March 20, 2023
Mobile suit shop opens first brick-and-mortar in Sarasota

Tweeds Suit Shop has been on the road since 2019.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Brian Hartz
  • March 20, 2023
Clearwater mayor shocks city council with sudden resignation — during meeting

Frank Hibbard, unhappy with spending priorities, made the announcement during a Monday morning budget workshop.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Lauren Tronstad
  • March 20, 2023
$800 million hotel, condo project moves toward 2024 completion

It’s been more than a decade since the former property on the site, Colony Beach and Tennis Resort, closed.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Louis Llovio
  • March 20, 2023
Developer adds 2,000 acres to planned community, crosses county line

A grocer is closing, a warehouse is under construction, and affordable units are on the way in the week's top commercial real estate news.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Steven Benna
  • March 20, 2023
Top commercial real estate transactions for March 7-13 in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A Hillsborough County pasture land sale for $35 million leads the week's sales.

  • Transactions
  • For Subscribers Only
    By
  • Business Observer Staff
  • March 18, 2023
Sarasota printing company names new vice president

Sharon Beeman has been with the company since 2018.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Brian Hartz
  • March 17, 2023
Bottled water company ignores activist investor’s board member recommendations

Primo Water Corp., which recently received a critical letter from Legion Partners Asset Management, appoints Eric Foss to a directorship.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • March 16, 2023
Indian tech company lays off 120 in Tampa

The jobs were cut about a year after the company took more than 130,000 square feet of office space in Tampa.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • March 16, 2023
Work underway on Tesla in Sarasota

The showroom and service center is expected to open later this year at University Town Center.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Brian Hartz
  • March 16, 2023
South Carolina construction company opens office in Tampa

Frampton Construction Co. has worked on projects in Lakeland, Lutz and Ocala.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Amanda Postma
  • March 16, 2023
Tampa embraces nontraditional office spaces with low prices

The bay region was named one of the most affordable places for coworking spaces.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Brian Hartz
  • March 16, 2023
Activist investor explains decision to go public with performance concerns

Legion Partners Asset Management has challenged Tampa-based Primo Water Corp. for what it views as a subpar return on invested capital and customer growth.

  • Strategies
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