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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Redstone Investments pays $28M for Austin Center

An affiliate of Redstone Investments purchased the five-building Austin Center in Westshore for $28.45 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Our man in Venice

It's everyone's dream job: Robert Gandini will be posted in Italy for the summer to help customers of Preferred Travel of Naples. Gandini will live in an apartment in Venice from May until October.

  • News
  • For Subscribers Only
    By
  • Jean Gruss
  • April 24, 2015
Pay dirt

Investors in TerraCap Management funds targeting distressed commercial real estate in Florida have benefited handsomely. The investment management firm says more deals are coming.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Eye clinic settles transgender suit

A Polk County eye clinic will pay $150,000 to settle a federal employment discrimination suit brought on by a transgendered former employee.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Charlotte's Advanced Imaging real estate sells for $4 million

Dallas-based investment fund AIC Ventures purchased the 17,104-square foot Advanced Imaging of Port Charlotte building for $4.2 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
New England group buys Ringling Square

An investment group out of New England, operating as Ringling & Orange LLC, purchased the 38,420-square-foot Ringling Square and 144-space parking garage for $11.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Estero Mayor: We like developers

Estero, which recently became Florida's newest municipality, has earned a reputation for well-organized opposition to new development.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Orange Avenue building sells for $1.9 million

A company led by Sarasota businessman Eric Collin purchased an 11,452-square-foot office building on Orange Avenue and a vacant lot on Fruitville Road for $1.85 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Florida: Weak link in the middle market

The job-creating power of middle market companies is a beautiful thing, according to a new large study, with on major hiccup: Florida is the worst performer in this sector in the country.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Palmetto Charter School buys home from church

Palmetto Charter School purchased its building on 7.3 acres of land for $3.5 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
St. Pete opening docks to visiting boats

Visitors already come by road and by plane -- and now even more will have a chance to visit St. Petersburg by sea.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Entrepreneur searches for a new niche

Sarasota entrepreneur Jesse Biter has started two successful niche businesses in the auto industry, including one in sales-related software that grew to $16 million in revenues.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Naples: The billionaire's coast

Chuck Ardezzone and the film crews at ITZ Studios are at it again with a new reality TV show.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
What's WCI worth?

If the stock price of Bonita Springs-based developer and homebuilder WCI Communities is any indication, investors appear bullish on Florida real estate.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • April 24, 2015
Polk County: Chicago industrial developer starting Lakeland spec project

Ridge Development purchased a total of 46.5 acres of land, including an existing truck stop, for $2.68 million.

  • Tampa Bay-Lakeland
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