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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Grocery chain acquired, plans to expand bulk, private label sections

Richard's Foodporium has 12 retail stores in Florida and a 22,000-square-foot warehouse complex in north Sarasota.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Salvage firm acquires new vessel for long-range operations

St. Petersburg, Florida-based Treasure & Shipwreck Recovery Inc. has acquired a new research vessel, the Bellows, which will allow it to target sites off the coast of Florida and South Carolina and in the Caribbean.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Health care group hires new C-level executive

The new employee comes to the organization with 28 years of experience in the health care industry.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Area researchers share findings at international Alzheimer's conference

Laila Abdullah, Cheryl Brandi and Charis Ringland from the Roskamp Institute in Sarasota shared research at the conference.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Floridians feel groovy about the economy

Fears of the economy drifting into a recession could be overblown — at least in the opinions of some Florida small business owners.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Grant assists employers with advanced manufacturing skills training

The CareerEdge Funders Collaborative received a $125,000 grant from the National Fund for Workforce Solutions funded by The Boeing Co.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 6, 2019
Spinoff zone: McKibbon Hospitality creates a new company

Tampa, Florida-based hotel management firm McKibbon Hospitality has launched a spinoff company, McKibbon Places, that will be headquartered in Atlanta and specialize in third-party hotel development and renovation services.

  • News
  • For Subscribers Only
    By
  • Kevin McQuaid
  • September 6, 2019
Channelside Apartments trade for $65.2 million

A California investment firm has acquired the 325-unit Channelside Apartments in Fort Myers for $65.2 million, an 18.5% premium to the $55 million the seller paid in April 2016.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • September 6, 2019
Elvis has left the building

Daniel Peek, who while at HFF negotiated some of the largest hotel sales in area history, has left the firm amid its merger with JLL to join Hodges Ward Elliott, a New York brokerage, where he will be president of its hospitality division.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • September 6, 2019
IP Capital completes a Grand deal

$226 million purchase of the Grand Hyatt Tampa Bay and Bayport Plaza will further integrate the two properties in Tampa's Westshore district

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • September 6, 2019
What They're Saying: CoStar Group, JLL

Florida's retail sector, especially in areas like Tampa, St. Petersburg, Sarasota, Naples and Orlando, has shown strong rental rate and occupancy growth over the past year, despite advances from online shopping that have prompted store closings, according

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • September 6, 2019
Dozens apply for St. Petersburg Pier Marketplace slots

The St. Petersburg Municipal Pier Marketplace project has received 70 applications from prospective vendors, who will compete for 17 slots in the project that is part of the city's $76 million pier renovation.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 5, 2019
Foundation promotes vice president, names two to philanthropy team

Gulf Coast Community Foundation is one of the largest community foundations in Florida.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 5, 2019
Restaurant chain eyes area for aggressive expansion

Captain D’s, a Nashville-based fast-casual seafood restaurant chain, has targeted Tampa, St. Petersburg, Sarasota and Bradenton for franchise development.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • September 5, 2019
Marketing, branding firm welcomes new director

The Cape Coral resident will be the company's director of business development and a senior account executive.

  • Charlotte–Lee–Collier
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