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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • May 29, 2015
Edwin Watts store purchased, renovated for new furniture chain

Investor John Summerfield used the proceeds from the sale of Chicago real estate to buy two Naples properties.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 29, 2015
MQ Development Partners buys LongHorn Steakhouse

Dallas-based MQ Development Partners purchased a 6,834-square-foot restaurant building on 4.44 acres for $2.45 million.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • May 29, 2015
Investors go shopping

Institutional investors are scouring deals in Southwest Florida. The latest sign: sale of the upscale Mercato shopping center in Naples.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 28, 2015
More airline execs fly over to Hertz

Hertz expanded its executive ranks by hiring more executives with experience at United Airlines.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 27, 2015
Chico's quarterly profit falls nearly 20%

Chico's FAS reported net income fell 19% in the most recent quarter compared with the same quarter one year ago.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 26, 2015
Naples condo prices jump 21%

The median price of an existing condominium in Naples rose 21% in April compared with the same month a year ago.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 22, 2015
Top Hertz executive quits

Brian MacDonald, the man who briefly served as interim CEO at Hertz, abruptly stepped down from his post as president and CEO of Hertz Equipment Rental.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 22, 2015
Culver's franchisees creating second Naples restaurant

Mike and Vinnie Busalacchi purchased 1.09 acres on U.S. 41 south of Thomasson Drive/Rattlesnake Hammock Road for $1.1 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 22, 2015
DiVosta Homes buys 850 acres of Winding Cypress

National homebuilder DiVosta Homes purchased 849.79 acres of grazing land north of Tamiami Trail and east of Henderson Drive for $15.36 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 22, 2015
GLP Development buys call center building

Baltimore-based real estate investment company GLP Development purchased a 63,275-square-foot office building in the Gateway area for $12.4 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 21, 2015
Chico's CEO to retire

David Dyer says he plans to retire as president and CEO of women's retailer Chico's FAS at the end of the year.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 20, 2015
Hospital wins governor's award

Cape Coral Hospital is the first community hospital in the state to earn the Governor's Sterling Award.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 19, 2015
Hospital system names strategy chief

Lee Memorial Health System appointed Kevin Newingham as chief strategy officer of the nation's fourth-largest public health system.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 18, 2015
Feds indict Fort Myers auto dealer

Federal prosecutors indicted a Fort Myers used-car dealer on allegations of bank fraud and obstruction of justice.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 15, 2015
Hertz closes 200 locations

Car-rental giant Hertz says it is closing 200 locations, most of them located away from airports.

  • Charlotte–Lee–Collier
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