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News

  • For Subscribers Only
    By
  • Louis Llovio
  • October 25, 2021
Hertz to buy 100,000 Teslas, hires Tom Brady to star in ads

The Hertz Corp. is investing in electronic vehicles and infrastructure as it moves beyond bankruptcy

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 22, 2021
Cybersecurity firm to acquire complementary business for $80M

SecurityAdvisor has been acquired, for $80 million, by Clearwater, Florida-based KnowBe4.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 22, 2021
Michigan-based law firm expands to Naples area

The new Varnum location is being led by real estate partner Tom Forster.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Brian Hartz
  • October 22, 2021
Presto! Magicians take up residence in former call center

After honing their act overseas, illusionists Chris and Ryan Zubrick bring their award-winning magic show to St. Petersburg, Florida, opening Zubrick Magic Theatre.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 22, 2021
Behavioral health facility in region receives $10M donation

In response, the SMH health care system plans to name the facility after the family who donated the gift.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Louis Llovio
  • October 22, 2021
Sale of shuttered mall approved by federal judge

A New York judge has approved the sale Bradenton's DeSoto Square Mall after three-day bankruptcy auction

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 21, 2021
Bank adds to leadership team as it expands in region

Stuart, Florida-based Seacoast Bank has hired Tim McLean to oversee its expansion into the Naples market.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • October 21, 2021
Rent-a-car giant aims to rejoin Wall Street

The Hertz Corp. is looking to return to Wall Street by getting re-listed on the NASDAQ exchange

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 21, 2021
Bank makes investment in future of industry, utilizing a tech-heavy new branch

As Regions Bank opened a new branch in Lakewood Ranch, another nearby branch got tucked in. As they say, when one door closes, another one opens.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 21, 2021
Airport in region lands another airline

Avelo Airlines will now provide nonstop service at SRQ.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 21, 2021
Raymond James to acquire $12B financial services firm

St. Petersburg, Florida-based Raymond James Financial has agreed to acquire Pittsburgh-based TriState Capital Holdings in a deal valued at approximately $1.1 billion.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • October 20, 2021
Warehouse for building supply distributor sold for nearly $10M

Tampa warehouse off of U.S. 41 sold, buidling supply distributor BlueLinx staying

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 20, 2021
Recently launched bank plans central Florida expansion

St. Petersburg, Florida-based Climate First Bank will open a Winter Park branch in January.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 20, 2021
Pair of arenas to get $7.3M in emergency shelter-based upgrades

Lee County officials have now signed 14.7 million disaster relief and mitigation funding agreements since 2017.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • October 19, 2021
D.C. investor pays $65.6M for apartment community near historic downtown

Tampa developer DDA Development sells Icaria on Pinellas to RSE Capital Partners for $278,179 per unit.

  • Tampa Bay-Lakeland
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