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Industries

  • By Business Observer Staff
  • November 28, 2014
California investment group buys Cleveland Avenue Holiday Inn

The Encino, Calif.-based investment group, made up of Singh family and led by Daniel Singh, purchased the 122-room Holiday Inn Fort Myers Downtown Historic for $5.15 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 28, 2014
Winter Haven's Cassidy Family buys 370 acres for residential development

The Cassidy family purchased 369.5 acres of former farm land on a portion of McGrady Road east of U.S. 301 for $4.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 28, 2014
Blue Sky Communities renovating Flamingo West Apartments

Tampa-based Blue Sky Communities LLC purchased the 72-unit Flamingo West Apartments for $3.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 28, 2014
Wesco Turf buys former FedEx building to expand service shop

Wesco Turf Inc. purchased a 37,501-square-foot former FedEx distribution building for $3.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 28, 2014
Miami investor buys St. Pete YMCA after litigation

Nick Ekonomou of Miami purchased the 51,512-square-foot historic YMCA of St. Petersburg building for $1.4 million.

  • Tampa Bay-Lakeland
  • By Mark Gordon
  • November 28, 2014
Might as well jump

The trampoline park industry on the Gulf Coast is on a fast growth track. A doughnut entrepreneur wants a taste.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 28, 2014
USF agrees to buy 3.7 acres near St. Pete campus from Poynter

The University of South Florida System announced it is exploring buying property adjacent to its St. Petersburg campus.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 28, 2014
Chris Brown, Mike Granthon buy Siesta Village property

Sarasota businessman and real estate investor Chris Brown and business partner Mike Granthon purchased several Siesta Key Village buildings including the Siesta Market for a combined $2.8 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 28, 2014
Recipe for success

A longtime real estate investor had to wait out the recession to make good on his latest vision. Now W. Howard Rooks hopes his patience will pay off in the form of a new restaurant.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 28, 2014
DDR Corp., Blackstone affiliate buy The Forum, Northpoint

A joint venture of DDR Corp. and an affiliate of Blackstone Real Estate Partners VII purchased the 458,394-square-foot The Forum at Fort Myers and 119,709-square-foot Northpoint Shopping Center for a combined $39.9 million.

  • Charlotte–Lee–Collier
  • By Jean Gruss
  • November 28, 2014
Power of the purse

As the new chief financial officer of Lee Memorial Health System, Ben Spence will spearhead efforts to raise and allocate capital for future growth. A $100 million bond issue is high on his list.

  • Industries
  • By Business Observer Staff
  • November 26, 2014
Tanzanian developer Rofail buys Monterey Village Motel

Tanzanian developer Elia Rofail purchased the 15-unit Monterey Village Motel and a single-family home for $1 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 21, 2014
Housing authority, Pinnacle complete two affordable housing projects

The Housing Authority of the city of Fort Myers and Pinnacle Housing Group LLC have completed redeveloping two former public-housing properties to create 212 affordable housing units.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 21, 2014
Collier County Supervisor of Elections moving to former E.B. Simmonds HQ

Collier County government purchased a 15,716-square-foot, three-story office building and an adjacent 14,746-square-foot warehouse building for $3.34 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 21, 2014
Isram Realty Group buys Pasco shopping center

Isram Realty Group purchased the 135,421-square-foot Pasco Square Shopping Center for $7.4 million.

  • Tampa Bay-Lakeland
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