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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • May 6, 2015
Couple to help oversee lucrative wine fest, again

Tom and Sandi Moran and Jim and Laura Dixon will be co-chairs of the 2016 Naples Winter Wine Festival. This year's festival raised more than $12.5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 5, 2015
Large tax hike doesn't deter homebuilders

Homebuilders in Lee County pulled more permits in April than they did the same month one year ago despite a recent tax hike on new construction.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 5, 2015
Window biz tries to lock up $300K in incentives

PGT Inc. is one of the largest private employers in Sarasota County.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 5, 2015
Masonite CFO bolts to Canada

Mark Erceg will take over similar role for Canadian Pacific after five years with Tampa manufacturer.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 4, 2015
Retirement moves longtime Tech Data execs upward

Joseph Trepani will become CFO of the Americas for the Clearwater company, succeeding incoming CFO Chuck Dannewitz.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 4, 2015
Software firm in and out of bankruptcy in two months

Allen Systems Group, the software company based in Naples, spent just two months in Delaware bankruptcy court.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 4, 2015
Prominent Realtor goes platinum

Nick Figlow will oversee the Re/Max Platinum Realty offices in Sarasota-Manatee.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Michael Hinman
  • May 1, 2015
Augmented Realty

Some real estate firms resisted technology advancements. One firm embraces change, with stellar results.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Michael Hinman
  • May 1, 2015
Land attack

Speculative investment in large land parcels is back. But it takes good timing, plus knowledge, to turn dirt into returns.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 1, 2015
Hospitality company executive buys two sections of island

A company led by Tom Torgerson, CEO of the Willmar, Minn.-based hotel company TPI Hospitality, purchased two large portions of Fort Myers Beach for a combined $13.3 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 1, 2015
Arthrex buys Polaris Center, Royal Palm bank building

Naples-based medical device manufacturer Arthrex Inc. purchased the 54,267-square-foot Polaris Center and a 8,853-square-foot vacant former Royal Palm Bank building for $21.95 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 1, 2015
Equity Management Partners buys Elm Lake Apartments

Multifamily owner/operator Equity Management Partners Inc. purchased the 64-unit Elm Lake Apartments for $2.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 1, 2015
Sheriff's Child Protective Services moving to Bright House building

Manatee County purchased the 25,186-square-foot former Bright House Networks building on Ninth Street for $2.65 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 1, 2015
Ohio REIT pays $25M for The Cypress retail center

The private real estate investment trust Devonshire REIT Inc. purchased the 111,228-square-foot The Cypress shopping center in Wesley Chapel for $24.58 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • May 1, 2015
Investment partnership buys Hilton Garden Inn

Washington, D.C.-based private equity firm Excel Group and Wilton, Conn., investment-management company Westport Capital Partners LLC purchased the 148-room Hilton Garden Inn Tampa North for $11.15 million.

  • Tampa Bay-Lakeland
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