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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • April 2, 2010
First Baptist Church of Lehigh buys buildings at Lee, Sunshine

The First Baptist Church of Lehigh Acres purchased two religious buildings between Sunshine and Lee boulevards totaling 31,254 square feet.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 1, 2010
A Day in the Life

Marco Rubio's campaign has taken him all over Florida.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • March 11, 2010
Morgan House owners buy Fort Myers building

Michael and Patti Price, owners of the Morgan House restaurant, purchased a 6,250-square-foot historic building on Patio De Leon from Wachovia Commercial Mortgage for $410,000.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • March 4, 2010
Hunt & Associates buys 83 condominiums

Kenmore, N.Y.-based real estate firm Kenmore Development purchased 83 units in the Windsor East Condominium in Fort Myers for $2 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • March 4, 2010
Starwood Land Ventures buys 5,000-lots, models

Lakewood Ranch-based residential real estate investment firm Starwood Land Ventures purchased 5,449 residential lots and 36 model homes in Florida from TOUSA Inc. for $81 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • March 4, 2010
Lee's Conservation 20/20 makes $36-million purchase

Lee County commissioners have approved the $36.3-million purchase of 1,213 acres on State Road 82 in eastern Lee County for conservation.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • March 4, 2010
Collier Enterprises delays Big Cypress plans

Naples-based Collier Enterprises says it will delay permitting for the Town of Big Cypress in order to participate in a new Habitat Conservation Plan being created by a coalition of conservation organizations and Collier County landowners.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
Goodwill Industries buys Arborgate

Goodwill Industries of Southwest Florida Inc. purchased the 30,875-square-foot Arborgate Shopping Center at the corner of Colonial Boulevard and Treeline Avenue, plus eight acres of undeveloped land, for $3.36 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
OMG Realty buys Wachovia branch

OMG Realty LLC, an entity managed by Fort Myers plastic surgeon Ralph Garramone, purchased a former 10,020-square-foot Wachovia bank branch at the northwest corner of Cleveland Avenue and Big Pine Way for $1.3 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
Maryland doctor develops Sanibel complex

Maryland gastroenterologist James Frizzell purchased 2.23 acres on Tarpon Bay Road near Periwinkle Way for $1.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 18, 2010
Cambridge affiliate buys 18 residential units

Del Ray Condominium Properties LLC, a company affiliated with Naples property management company Cambridge Management of Southwest Florida, purchased 18 units in six condominium developments in Lee and Collier counties for $1.2 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 11, 2010
RaceTrac Petroleum buys Cranberry site

Atlanta-based gas-station company RaceTrac Petroleum Inc. purchased 2.14 acres at the intersection of State Road 45 and Cranberry Boulevard for $1.3 million.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • February 4, 2010
Owners in distress

Commercial real estate defaults are increasing and brokers and bankers are preparing for a growing number of foreclosures on office buildings, shopping centers and warehouses. Bankers have been slow to take back property.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • January 29, 2010
Hodges University's buy to handle enrollment

Hodges University, a private, non-profit college offering 24 undergraduate and seven graduate degree programs of study, announced it is expanding its Naples campus.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • January 29, 2010
Ohio's Maruti Properties buys airport hotel

Maruti Properties LLC, a limited liability company headed by Kaushik Patel, purchased the 90-room Comfort Inn & Suites Airport southeast of the interchange of County Highway 865 and Interstate 75 for $3.7 million.

  • Charlotte–Lee–Collier
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