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News

    By
  • Business Observer Staff
  • February 20, 2015
Wine fest boosts board

Fresh from raising more than $12.5 million over a long weekend at the Naples Winter Wine Festival in January, the Naples Children & Education Foundation announced new star power to its board.

  • News
    By
  • Business Observer Staff
  • February 20, 2015
California 1031 exchange buyer acquires Pinegate Plaza

Pinegate Naples LLC, an undisclosed buyer represented by California attorney C. Anthony Phillips, purchased the 25,998-square-foot Pinegate Plaza for $1.9 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 20, 2015
Israeli investor group buys Cedar Hollow Apartments

A Tel Aviv, Israel, investment firm led by Boaz and Osnat Harel purchased the 42-unit Cedar Hollow Apartments for $2.04 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 20, 2015
Developer selling life

At first glance, the $12.4 million sale of 30-year-old apartments in Tampa's Carrollwood might not be the most attention-grabbing.

  • News
    By
  • Business Observer Staff
  • February 20, 2015
An apprentice grows up

Long before Bill Rancic became a reality TV personality after he won the debut season of “The Apprentice” with Donald Trump, he was a young struggling entrepreneur.

  • News
    By
  • Business Observer Staff
  • February 20, 2015
New York City's W.P. Carey fund buys, rebranding Fibber McGee's Closet

CPA: 18 Limited Partnership, an investment fund managed by W.P. Carey Inc., purchased the 179,791-square-foot Fibber McGee's Closet property for $16.43 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 20, 2015
Limo drivers await decision

It's not quite decision-day yet, but Hillsborough County limousine drivers could move a step closer to a verdict on whether being forced to charge minimum fares is legal.

  • News
    By
  • Business Observer Staff
  • February 19, 2015
Man pleads guilty in pharmacy fraud

A third member of the Parrish family pleaded guilty to health care fraud in connection with Sunshine Pharmacy, a Naples-based pharmacy company.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 19, 2015
MagneGas wins major utility as client

News of the pending deal to replace acetylene with MagneGas2 pushes the technology company's stock up.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 19, 2015
Silver Bay buys American Home portfolio

Single-family residential rental company sells to Maryland-based competitor, taking Tampa area homes with it.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 19, 2015
Sarasota firm acquires 85 wireless towers

Deal will provide Grain Management with nearly $2.2 million in cash flow.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 18, 2015
Pippenger donates $10M to USF

Retired Raymond James executive was inspired by $25 million gift that renamed the school's Muma College of Business.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 18, 2015
Sarasota earns rating bump on $71.3M in bonds

Moody's expects Sarasota County taxable property values to continue growing.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 18, 2015
Fort Myers airport traffic jumps

Passenger traffic at Southwest Florida International Airport in January surged nearly 10% in January compared with the same month one year ago.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 17, 2015
Former Sarasota EDC executive dies

Kathy Baylis championed economic development in Sarasota for 20 years.

  • Manatee-Sarasota
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