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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • February 13, 2015
Pharmacy owner pleads guilty

The owner of a Cape Coral pharmacy pleaded guilty to conspiracy to illegally distribute pain killer oxycodone.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 13, 2015
Nonprofit buys C.R.E.W. site, sells to state for environmental protection

The Trust for Public Land purchased 619.93 acres of land near the Bird Rookery Swamp for $9.77 million. The trust then immediately resold the former agricultural property to the state of Florida for the same price.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 13, 2015
Tampa General, Florida Hospital partner on new Brandon Healthplex

Tampa General Hospital purchased 17.4 acres near the northwest corner of Interstate 75 and the Lee Roy Selmon Expressway for $5.8 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 13, 2015
Pittman Group buys Amtel building to create Campo Felice

The Pittman Group purchased the real estate of the closed 417-room Amtel hotel building in downtown Fort Myers for $12.58 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 13, 2015
Investor group buys land in Fort Myers River District

An investor group led by Ayal Keren of Fort Myers purchased a 7.87-acre parcel northeast of a Publix for $3.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 12, 2015
Housing market swings upward

Single-family homes and condos show double-digit gains in most local counties.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 12, 2015
Hospital system names board chairman

Lee Memorial Health System named Sanford Cohen as board chairman and Chris Hansen as vice chairman.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 11, 2015
Chico's stock soars on buyout rumors

Shares of women's retailer Chico's FAS rose more than 9% in after-hours trading on renewed speculation it will be taken private.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 10, 2015
Algenol nets $25 million

Mexican renewable energy firm BioFields invested another $25 million in Algenol, a Fort Myers-based company that produces ethanol from algae.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 9, 2015
Alico swings to quarterly profit

Agribusiness firm Alico swung to a profit in the first quarter as citrus sales surged.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 6, 2015
Regional group hires first director

A regional economic development group formed to market five Southwest Florida counties has hired its first executive director.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 6, 2015
Texas' LaSalle Group building Estero memory care facility

The LaSalle Group Inc. purchased 3.09 acres south of Marsh Landing Boulevard and north of Bulb Lane for $2.35 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 6, 2015
Fort Myers attorney buys Englewood's Rotonda Plaza

A company led by Fort Myers attorney Richard Pringle purchased the 46,836-square-foot Rotonda Plaza for $2.15 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 6, 2015
Continental Realty Corp. fund buys Sierra Grande Apartments

Continental Realty Corp.'s CRC Fund III purchased the 273-unit Sierra Grande Apartments in two transactions for a combined $44.25 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 4, 2015
Lee multifamily permits jump

Builders in Lee County pulled significantly more multifamily building permits in January than they did the same month one year ago.

  • Charlotte–Lee–Collier
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