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Charlotte–Lee–Collier

    By
  • Jean Gruss
  • February 27, 2015
Commercial vision

The Hertz global headquarters under construction in Estero is bringing lots of attention to surrounding properties that are ready for new development.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • February 27, 2015
Good assist

Omega Communities plans to build as many as a dozen assisted-living communities from Tampa and Orlando to Naples by using creative financing and operational strategies.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • February 27, 2015
The next generation

The hot North Naples residential market will see a $1.3 billion condo development called Kalea Bay. There's been no new condo construction in the area for years.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 27, 2015
Fort Lauderdale developer buys land for Estero Oaks apartments

Fort Lauderdale-based Royal Palm Cos. purchased 18.14 acres in the Estero Oaks mixed-use community for $3.4 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 26, 2015
Chico's closes stores, fires staff

Women's retailer Chico's FAS says it is closing 120 stores and laying off 12% of its headquarters staff in Fort Myers after announcing a net loss in the fourth quarter.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 24, 2015
Cancer-test firm reports profit growth

Cancer-testing firm NeoGenomics reported rising revenues and profits, boosted in part by an acquisition last summer.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 23, 2015
Naples condo prices jump 26%

Existing-home prices rose in January in Naples, with condos leading the way with a 26% increase in the median price compared with the same month in 2014.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 20, 2015
Cadillac dealer gets remodel

Stevens Construction has completed the 16-month renovation of DeVoe Cadillac in Naples, building a new two-story showroom and additional service bays.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 20, 2015
State, Trust for Public land buy 669-acre Bond Ranch

The Trust for Public Land purchased the 669-acre Bond Ranch adjacent to the Charlotte County Correctional Institution and Interstate 75 for $3.15 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 20, 2015
California 1031 exchange buyer acquires Pinegate Plaza

Pinegate Naples LLC, an undisclosed buyer represented by California attorney C. Anthony Phillips, purchased the 25,998-square-foot Pinegate Plaza for $1.9 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 20, 2015
New York City's W.P. Carey fund buys, rebranding Fibber McGee's Closet

CPA: 18 Limited Partnership, an investment fund managed by W.P. Carey Inc., purchased the 179,791-square-foot Fibber McGee's Closet property for $16.43 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 19, 2015
Man pleads guilty in pharmacy fraud

A third member of the Parrish family pleaded guilty to health care fraud in connection with Sunshine Pharmacy, a Naples-based pharmacy company.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2015
Fort Myers airport traffic jumps

Passenger traffic at Southwest Florida International Airport in January surged nearly 10% in January compared with the same month one year ago.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 17, 2015
Lee hotel revenues jump

Revenues at lodgings in Lee County rose 17% in December compared with the same month one year ago.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 16, 2015
Murex to manage Arizona community

Murex Properties says it will manage a 720-home community in Arizona for Northwestern Mutual Real Estate.

  • Charlotte–Lee–Collier
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