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Charlotte–Lee–Collier

  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 29, 2010
Colliers Arnold rebranded Colliers International

Following the planned new merger of Colliers International and FirstService Real Estate Advisors, Clearwater-based Colliers Arnold announced that it will rebrand its offices and operations as Colliers International.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Inland American buys Malibu Lakes

Oak Brook, Ill.-based Inland American Real Estate Trust Inc. purchased the 356-unit Malibu Lakes Apartments west of Tarpon Bay Boulevard and east of Interstate 75 for $31.02 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Lee County DOT buys Enterprise building

Lee County government purchased a 24,451-square-foot industrial manufacturing building on Enterprise Parkway north of Luckett Road and bordering Interstate 75 for $1.34 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Eastpoint Stimuli buys Pine Island Road land

Eastpoint Stimuli LLC, a limited liability company led by Cape Coral broker investor Steve Krieg, purchased 15.8 acres on Pine Island Road west of 21st Avenue and adjacent to a BJ's Wholesale Club for $2.2 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2010
Naples investor Carlisle buys Wilson Plaza

Naples Greg Carlisle purchased the 36,000-square-foot Wilson Plaza shopping center on Wilson Boulevard in Golden Gate Estates for $6.5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2010
Premier Properties buys Pinewood Lakes

Premier Properties of Cape Coral Inc. purchased the 58-lot Pinewood Lakes residential community on 20 acres at Southeast 2nd Court and Southeast 8th Street from Reliance Bank for $745,000.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • December 17, 2009
Automated Petroleum, Energy buys Fort Myers Sunoco

Brandon-based Automated Petroleum & Energy Co. Inc. purchased a Sunoco service station building north of Dr. Martin Luther King Jr. Boulevard near Interstate 75 for $750,000.

  • Charlotte–Lee–Collier
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