Industries

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By Observer Staff
December 4, 2023

Two-story Italian restaurant to open on St. Armands in early 2024

15 South by Napulè, a Neapolitan-inspired concept, will feature pizzas made in an authentic, gold-tiled oven.

Manatee-Sarasota

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By Mark Gordon
December 4, 2023

Survey: Interest rates, sales drop cause annual high in rent delinquencies

Rent increases, when paired with high interest rates and declining revenue, not surprisingly, makes for a toxic concoction in terms of small businesses paying rent on time.

Florida

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By Steven Benna
December 4, 2023

Top commercial real estate transactions for Oct. 17-23 in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A Tampa apartment complex sale for $94 million paces transactions.

Transactions

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By Lesley Dwyer
December 4, 2023

More luxury garage condos gear up for Lakewood Ranch

Luxe Flex Garage is a more budget-friendly version of the original Luxe Dream Garage, which held its groundbreaking in August 2022.

Manatee-Sarasota

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By Louis Llovio
December 3, 2023

California defense contractor pays $3.9 million for Pinellas industrial site

In the week's top commercial real estate news, two hotels sell, two luxury condos towers are in the works, and a local developer heads east again.

Florida

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By Jim Stinson
December 2, 2023

Tampa Bay insurer gets state approval to pick up $75M in policies

An HCI-sponsored reciprocal insurer with plans to write commercial residential policies received state approval to transact insurance in Florida.

Tampa Bay-Lakeland

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By Jim Stinson
December 2, 2023

Tampa hospital completes $300M acquisition, forms new unit

Tampa General Hospital has acquired Bravera Health, the hospital's largest expansion in recent years.

Tampa Bay-Lakeland

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By Louis Llovio
December 1, 2023

New York investors buy well-known Squeeky’s Car Wash in St. Pete

Andover Properties, one of the largest private owners of self-storage facilities in the U.S., expands its foothold in Florida with the purchase of the Pinellas County car wash.

Tampa Bay-Lakeland

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By Mark Gordon
December 1, 2023

South Carolina medical group buys Sarasota County eye care practice

Medical, Laser, & Surgical Care of Vision and Eye Diseases, a Venice eye practice, has been acquired.

Manatee-Sarasota

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By Jim Stinson
December 1, 2023

Does Tampa Bay have a shot at being a hub for tech business?

Tampa Bay's mission to become a global tech hot spot had made great strides of late. One notable advantage, says one executive, comes from a talent pool without an "extensive entitlement" mindset.

Tampa Bay-Lakeland

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By Jim Stinson
November 30, 2023

St. Pete builder surpasses billion-dollar revenue mark

Power Design, a St. Petersburg multi-trade contractor, surpassed $1 billion in annual revenue for the first time in its history.

Tampa Bay-Lakeland

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By Louis Llovio
November 30, 2023

Tampa General to build medical facility at Babcock Ranch

Tampa General Hospital will open a new urgent care center in 2025, joining two other health care providers already in the growing community.

Manatee-Sarasota

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By Mark Gordon
November 30, 2023

Celebrity-infused resort completes $35M post-Ian renovation of its spa

The Marriott Sanibel Harbour Resort & Spa has reopened after what officials call a “top-to-bottom” $35 million renovation project — driven by suffering major damage from Hurricane Ian.