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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
California investment group buys Cleveland Avenue Holiday Inn

The Encino, Calif.-based investment group, made up of Singh family and led by Daniel Singh, purchased the 122-room Holiday Inn Fort Myers Downtown Historic for $5.15 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Some drop wellness programs

Some corporate wellness programs aren't what they're pumped up to be.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Park and fly rides high

Parking cars, boats and RVs might not be an obvious economic indicator, but the sizable expansion at Sarasota-based Security First Storage is certainly a respectable gauge.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Blue Sky Communities renovating Flamingo West Apartments

Tampa-based Blue Sky Communities LLC purchased the 72-unit Flamingo West Apartments for $3.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Wesco Turf buys former FedEx building to expand service shop

Wesco Turf Inc. purchased a 37,501-square-foot former FedEx distribution building for $3.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
State no longer insurance foe

Florida has sometimes had a well-deserved reputation for being an enemy of the insurance industry, with stringent regulations and high capital reserve requirements.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Miami investor buys St. Pete YMCA after litigation

Nick Ekonomou of Miami purchased the 51,512-square-foot historic YMCA of St. Petersburg building for $1.4 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • November 28, 2014
Might as well jump

The trampoline park industry on the Gulf Coast is on a fast growth track. A doughnut entrepreneur wants a taste.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
USF agrees to buy 3.7 acres near St. Pete campus from Poynter

The University of South Florida System announced it is exploring buying property adjacent to its St. Petersburg campus.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Chris Brown, Mike Granthon buy Siesta Village property

Sarasota businessman and real estate investor Chris Brown and business partner Mike Granthon purchased several Siesta Key Village buildings including the Siesta Market for a combined $2.8 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Please pass the salt

St. Petersburg will get a salty taste in January.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Recipe for success

A longtime real estate investor had to wait out the recession to make good on his latest vision. Now W. Howard Rooks hopes his patience will pay off in the form of a new restaurant.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Fly into 7-Eleven

Bet you've never been in a 7-Eleven store like this before.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
DDR Corp., Blackstone affiliate buy The Forum, Northpoint

A joint venture of DDR Corp. and an affiliate of Blackstone Real Estate Partners VII purchased the 458,394-square-foot The Forum at Fort Myers and 119,709-square-foot Northpoint Shopping Center for a combined $39.9 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 28, 2014
Beall's CEO to chair Chamber

Steve Knopik, the new chairman of the Florida Chamber of Commerce's board of directors, knows all about the challenges businesses face in Florida. Knopik has navigated them firsthand as CEO of Beall's, which has locations across the state and beyond.

  • News
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