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News

    By
  • Business Observer Staff
  • April 19, 2019
New Yorkers continue to flee the state for Florida

The battle between New York and Florida has shifted, for now, from bagels vs. oranges, or snow against sun, to something more tangible: people. Florida is getting them, in droves, from New York (and several other northeast states.)

  • News
    By
  • Business Observer Staff
  • April 19, 2019
Architecture firm awarded city contract for recreation facility

ADG Architecture will spearhead redesign of STARS Complex in Fort Myers.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 19, 2019
Photography service opens inside area Ritz-Carlton

The Photography Concierge has locations within several Ritz-Carlton hotels.

  • News
    By
  • Kevin McQuaid
  • April 19, 2019
Playing to Strengths

Floridays Development Co. and its founder and CEO, Angus Rogers, have found that involving joint venture and other partners on its hotel projects add value and provide critical perspective

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • April 19, 2019
Market Comparison

Lee County and Southwest Florida have experienced significant gains in their industrial real estate markets over the past three years, with improvements in vacancy, absorption, leasing rates and other metrics

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • April 19, 2019
Carter Validus merging to create $3 billion real estate firm

Carter Validus Mission Critical REIT and the related Carter Validus Mission Critical REIT II intend to merge later this year and create a $3 billion company

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • April 19, 2019
Preferred Materials buys Naples mining land

Preferred Materials, of Lutz, has purchased a 425-acre tract in the Naples area of Collier County known as the Brown Mine for $22 million.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • April 19, 2019
Sears shedding closed stores throughout the Gulf Coast

Sears, Roebuck & Co. Chairman Edward Lambert's ESL Investments Inc. has purchased a pair of shuttered Sears stores along the Gulf Coast, part of a $5.2 billion purchase of the assets of the bankrupt retail icon.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • April 19, 2019
Investment firm lands veteran leadership

Jim Cheatham — one of Wendy’s fast food chain’s first franchise owners and a former marketing executive for Holiday Inns — has joined forces with a trio of other Tampa, Florida, executives to launch a private equity firm called Eagle Rock Partners.

  • News
    By
  • Business Observer Staff
  • April 19, 2019
Zeroed in: New-home sales sizzle, drive construction for Lennar

Riverview, Florida, has become ground zero for Miami-based homebuilder Lennar, which recently announced plans to add three new communities to the seven it already has under development in the south Hillsborough County area.

  • News
    By
  • Business Observer Staff
  • April 18, 2019
University to kick off construction of new residence hall, dining facility

The University of South Florida plans to break ground next week on a much-needed new residence hall and dining facility at its St. Petersburg, Florida, campus.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • April 18, 2019
Restaurant chain names three new executives

Matthew Eisenacher is First Watch's new senior vice president of brand strategy and innovation.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • April 18, 2019
Nonprofit breaks ground on $6.5 million headquarters

Naples Children & Education Foundation will invest $6.5 million in new, permanent home. The organization has raised $191 million since 2001 through its annual Naples Winter Wine Festival.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 17, 2019
AC, plumbing company acquires area firm

Troy Thomas, owner of Allied Cooling & Heating, will work with Badger Bob’s Services.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • April 17, 2019
New restaurant brings island flavors to area

WEPA! Cocina de Puerto Rico has planned a grand opening celebration for April 26 that will see a portion of the new St. Petersburg, Florida, restaurant’s proceeds donated to PRxPR, a nonprofit organization that supports efforts for hurricane recovery effo

  • Tampa Bay-Lakeland
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