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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • December 3, 2014
Alico to become citrus king

Agribusiness firm Alico says it will be the nation's largest citrus producer after agreeing to pay $363 million to buy three rival citrus producers.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • December 2, 2014
Hodges appoints interim president

Hodges University appointed David Borofsky as interim president following the abrupt retirement of Jeanette Brock.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • December 1, 2014
Alico completes sugar land sale

Agribusiness firm Alico sold 36,000 acres of sugarcane land for $98 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 28, 2014
Fort Myers median home price rises 17%

The median price of a Fort Myers existing single-family home rose 17% in October as listings continued to decline.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 28, 2014
Eye Associates cosmetic surgeon buys Estero Ruby Tuesday building

Prabin Mishra, a cosmetic surgeon with The Eye Associates ophthalmology practice, purchased a 5,103-square-foot restaurant building for $1.8 million.

  • Charlotte–Lee–Collier
    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
    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
    By
  • Business Observer Staff
  • November 26, 2014
Icahn boosts Hertz stake

Activist investor Carl Icahn boosted his stake in Hertz to over 10% on the heels of the appointment of a new CEO.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 25, 2014
Chico's reports slow growth

Chico's FAS opened 87 net new stores, boosting overall sales 1.5% in the third quarter and offsetting a 1.6% drop in sales at stores opened longer than a year.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 24, 2014
Naples single-family home prices rise 20%

The median price of an existing single-family home in Naples rose 20% in October compared with one year ago.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 21, 2014
Icahn backs new Hertz CEO

Activist investor Carl Icahn says the new CEO of Hertz has experience turning around struggling companies.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 21, 2014
Housing authority, Pinnacle complete two affordable housing projects

The Housing Authority of the city of Fort Myers and Pinnacle Housing Group LLC have completed redeveloping two former public-housing properties to create 212 affordable housing units.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 21, 2014
Collier County Supervisor of Elections moving to former E.B. Simmonds HQ

Collier County government purchased a 15,716-square-foot, three-story office building and an adjacent 14,746-square-foot warehouse building for $3.34 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 21, 2014
Automotive Management Services buys Davis Boulevard dealership site

Terry Taylor's West Palm Beach-based Automotive Management Services Inc. purchased a 12,000-square-foot auto dealership for $2.3 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 21, 2014
Gordon Food Service Inc. buys back Brandon, Fort Myers stores

Restaurant distributor and retailer Gordon Food Service Inc. purchased its Brandon and Fort Myers GFS Marketplace stores for a total of $3.85 million.

  • Charlotte–Lee–Collier
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