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Charlotte–Lee–Collier

  • For Subscribers Only
    By
  • Louis Llovio
  • January 8, 2025
Fort Myers office to be demolished to make way for apartments

An Indiana buyer spent nearly $9 million to buy a local office building it will bring down to build 256 rental units.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Elizabeth King
  • January 8, 2025
Former L.L. Bean family beachfront property lists for $40M in Naples

The property on 5th Avenue South includes 130 feet of beach frontage.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Elizabeth King
  • January 7, 2025
Lee County Port Authority names new COO and aviation leader

The agency that operates Southwest Florida International Airport and Page Field in Fort Myers adds a member to its C-suite.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • January 6, 2025
Fort Myers land company shutters citrus production, cuts 170 jobs

Alico Inc. is closing its citrus division after more than a decade of declines due to storms and greening.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • January 6, 2025
Hertz names former TikTok, Home Depot execs to leadership team

The Estero-based company has grown its executive team months after naming new CEO, CFO and six new VPs.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Steven Benna
  • January 6, 2025
The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

More than $600 million in Lee County land deals pace the week in transactions.

  • Transactions
  • For Subscribers Only
    By
  • Elizabeth King
  • January 4, 2025
4 Gulf Coast metros among top in US for growth in 2024

U-Haul ranked the metropolitan areas that experienced the most growth last year based on one-way trips.

  • Florida
  • For Subscribers Only
    By
  • Louis Llovio
  • January 3, 2025
Beverly Hills, Miami investors buy Port Charlotte properties

The outside investors picked up the recently completed commercial spaces for nearly $9 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • January 2, 2025
Naples senior living facility borrows $76 million

The owners of The Carlisle Naples, who paid more than $100 million in 2021, have borrowed the money after making improvements.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Mark Gordon
  • January 2, 2025
Naples skin care firm seeks $5M to fuel breakout year in 2025

The company, which started out in a 300-square-foot store, turned 15 years old in 2024.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • January 1, 2025
Reforms to new condo safety law may be coming

The Florida Legislature is expected to take up changes and tweaks to a safety law passed to prevent a repeat of the Surfside condo collapse in 2021.

  • Florida
  • For Subscribers Only
    By
  • Mark Gordon
  • December 27, 2024
Year in review: The top Business Observer headlines of 2024

Take a peek at what drew readers’ attention.

  • Florida
  • For Subscribers Only
    By
  • Steven Benna
  • December 24, 2024
Largest commercial transactions in the region per county surpass $1B

Five of the nine largest deals in 2024 in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk and Sarasota counties involved multifamily properties.

  • Transactions
  • For Subscribers Only
    By
  • Louis Llovio
  • December 23, 2024
Fort Myers Beach residents to pay more for flood insurance than others in Lee

A FEMA ratings downgrade and probation means residents of the barrier island will lose a 25% policy discount starting in April.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Laura Lyon
  • December 23, 2024
Florida IRS criminal investigators close busy 2024, aim for busier 2025

The national office wrapped a busy year as well.

  • Florida
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