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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • May 15, 2015
Developer buys former restaurant site

Fortino Construction & Development LLC purchased a 1.62-acre parcel for $1.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 14, 2015
Lee plans to widen major corridor

Lee County plans to widen Alico Road east of Interstate 75, opening up a rural area to new development.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 13, 2015
Pitbladdo Holdings serves wine fest

The Southwest Florida Wine and Food Fest, an event that raised $3.35 million this year, named Pitbladdo Holdings as title sponsor.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 12, 2015
Alico juices up citrus sales

Alico's citrus sales more than doubled in the second quarter on the heels of major acquisitions.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 11, 2015
Naples shopping destination sold

Insurance giant Prudential has acquired Mercato, the 450,000-square-foot shopping destination in Naples.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 8, 2015
Radio operator sings soft sales song

Radio station operator Beasley Broadcast Group reported softer advertising sales, including overall weakness in the Tampa-St. Petersburg market.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 8, 2015
Ave Maria law school buys Vineyards campus

The Ave Maria School of Law purchased its north Naples campus from Ave Maria University for $13 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 8, 2015
Punta Gorda buyer pays $1M for Jones Loop land

A company led by Thomas Gruber of Punta Gorda purchased 30.1 acres of grazing land on Jones Loop Road for $1.15 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 7, 2015
Naples daily hotel rates close in on $300

Hoteliers in the Naples area pushed the average daily rate within pennies of the $300 mark in the first quarter.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 6, 2015
Pair charged in $300K fraud case

Couple allegedly stole funds through check scheme that lasted nearly two years.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 6, 2015
Couple to help oversee lucrative wine fest, again

Tom and Sandi Moran and Jim and Laura Dixon will be co-chairs of the 2016 Naples Winter Wine Festival. This year's festival raised more than $12.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 5, 2015
Large tax hike doesn't deter homebuilders

Homebuilders in Lee County pulled more permits in April than they did the same month one year ago despite a recent tax hike on new construction.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 4, 2015
Software firm in and out of bankruptcy in two months

Allen Systems Group, the software company based in Naples, spent just two months in Delaware bankruptcy court.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 1, 2015
Hospitality company executive buys two sections of island

A company led by Tom Torgerson, CEO of the Willmar, Minn.-based hotel company TPI Hospitality, purchased two large portions of Fort Myers Beach for a combined $13.3 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 1, 2015
Arthrex buys Polaris Center, Royal Palm bank building

Naples-based medical device manufacturer Arthrex Inc. purchased the 54,267-square-foot Polaris Center and a 8,853-square-foot vacant former Royal Palm Bank building for $21.95 million.

  • Charlotte–Lee–Collier
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