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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • March 3, 2015
Construction starts on Mercato homes

Lutgert Companies has started construction of 52 homes at Mercato, the popular shopping center in North Naples.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • March 2, 2015
Teri Hansen to exit Gulf Coast Community Foundation

Hansen has been president and CEO of the foundation since 2002.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • March 2, 2015
Lee commercial permits jump

Commercial construction's recovery continued in February as contractors in Lee County undertook big new projects.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • March 2, 2015
Bain cashing out of Outback chain

Stock sale could generate $464 million for company that helped buy Bloomin' Brands back in 2006.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Coal drags Teco down

The Tampa utility needs to complete its coal division sale within the next couple weeks, or suffer a bottom-line hit.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Hertz to slash more costs

Rental-car giant Hertz says it plans to double its cost-cutting measures to $200 million as it continues its financial restatements.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Sarasota bank names prominent lawyer to board

Cliff Walters has practiced law for nearly 40 years.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Tampa neighborhood house-flipping hotspot

Town 'N Country area joins neighborhoods in Detroit, Los Angeles, Jacksonville and San Diego were buying and selling quickly still rules.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Shipwreck company raises cash

Endurance Exploration Group Inc. is ready to start salvage operations of its first found shipwreck, the SS Connaught. But first, the Clearwater company needs to salvage something even more powerful: cash.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Big Gulp, small fee

Convenience store chain 7-Eleven wants to put you in business.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
California family performs 1031, buys Clearwater's Canterbury Oaks

The Zlotolow family of Venice, Calif., purchased the 72-unit Canterbury Oaks Apartments in Clearwater for $3.75 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Michael Hinman
  • February 27, 2015
In the rough

More golf courses are closing than opening nationwide, and Florida's not immune. It might be time for a Mulligan.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Atlanta's Cortland Partners pays $41M for Carlyle at Crosstown

Atlanta's Cortland Partners purchased the 300-unit Carlyle at Crosstown apartment complex for $41.24 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
Sarasota family investment group buys, repositioning South Venice Storage

A Sarasota family led by Dora Thomas purchased the 38,883-square-foot South Venice Storage for $2 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 27, 2015
So much for the uncertainty

Several industries that generated the best returns on equity in 2014 were in health care — the second straight year the sector fared well in the report from Raleigh, N.C.-based data firm Sageworks.

  • News
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