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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • November 20, 2014
Newspaper battle heats up in Lee County

The Naples Daily News opened a larger office in Bonita Springs, challenging the Fort Myers News-Press in the fast-growing area of South Lee County.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 18, 2014
Hertz launches operation in Qatar

The equipment-rental division of Hertz is launching a joint venture in Qatar, which plans to spend $182 billion on public projects in the next five years.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 17, 2014
Fort Myers lands Puerto Rico flights

Sun Country Airlines will start flying nonstop jet service to Puerto Rico in May, the airport's first link to the Caribbean island.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 14, 2014
Hertz to slash $100 million in costs

The car-rental giant that moved its headquarters to Southwest Florida from New Jersey last year now plans to cut $100 million in costs after telling investors they should not rely on financial results dating back to 2011.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 14, 2014
Codina-Carr, Barron Collier start final phase of Moorings Park at Grey Oaks

HCC MP LLC, a joint venture of Coral Gables-based Codina-Carr Co. and Naples-based Barron Collier Cos., purchased 8.86 acres of vacant land for $4 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 14, 2014
Camden, Maine, couple buys Waterside Inn on the Beach

Christopher and Mary Nolan of Camden, Maine, purchased the 27-unit Waterside Inn on the Beach on Sanibel Island for $10 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 13, 2014
Premier Sotheby's opens Sanibel office

Naples-based Premier Sotheby's International Realty opened a new office on the barrier island of Sanibel after notching the highest-priced sale so far this year.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 12, 2014
Area lender named to national real estate post

Maryann Mize was named chair of the Ward Center for Real Estate Studies.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 12, 2014
WCI to build 21-story condo tower

WCI Communities will build a 21-story condominium tower in Bonita Springs, the first one in seven years.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 11, 2014
Hertz delays earnings report

Car-rental giant Hertz says it can't file its latest quarterly earnings report in time because executives are still reviewing financial records dating back to 2011.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 10, 2014
Builders complete $38 million housing project

Construction firms recently completed a $38.3 million renovation of two former public-housing projects in Fort Myers.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 7, 2014
Shareholder slams Hertz relocation

Hertz shareholder Jana Partners says the car-rental giant urgently needs to select a new CEO to regain its lost credibility with investors, blaming the company for a “disruptive headquarters relocation.”

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 7, 2014
Naples investor Capricornio buys four apartment buildings

A purchase company led by Monica Coariti De Salazar of Naples purchased four multifamily buildings for $1.63 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 6, 2014
Physician group opens Lehigh Acres office

Physicians' Primary Care of Southwest Florida opened a new office in Lehigh Acres, the area east of Fort Myers.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 5, 2014
Naples finance chief sentenced

A judge sentenced the former controller of Vineyards Development Corp. in Naples to nine months in prison.

  • Charlotte–Lee–Collier
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