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Industries

  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Automotive Management Services buys Davis Boulevard dealership site

Terry Taylor's West Palm Beach-based Automotive Management Services Inc. purchased a 12,000-square-foot auto dealership for $2.3 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Jean Gruss
  • November 21, 2014
Mixed signals

The threat of higher taxes, labor shortages and rising land costs could slow the homebuilding recovery in Southwest Florida, says one leading expert.

  • Industries
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Publix Super Markets buys Lakewood Walk

Lakeland-based grocer Publix Super Markets purchased the 90,000-square-foot Lakewood Walk shopping center for $26.25 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Eye doctors buy former Tampa Tribune Clearwater building

A purchase entity led by eye doctors: Herbert Knauf III, Clinton Sheets and Andrea Lusk of Eye Site of Tampa Bay purchased the 25,464-square-foot former Tampa Tribune Building for $2.6 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Michigan's Alidade Capital buys MiraBay Village, land

Bloomfield Hills, Mich.-based real estate private equity fund Alidade Capital LLC purchased the 93,985-square-foot MiraBay Village retail center and an adjacent 9.79-acre development site for $12.25 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Three Venice investors buy Veteran Air industrial condo

Tom Fouche and his sons David and Kevin Fouche of Venice purchased an 10,266-square-foot industrial condominium in Ironwood Business Park for $1.05 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Jean Gruss
  • November 21, 2014
Real research

Florida Gulf Coast University's Tim Allen has data that could help Realtors find more success. Too bad they don't know about it.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Neal Communities creating Ridge at Crossing Creek

Neal Communities of Southwest Florida Inc. purchased 88.23 acres of vacant land for $5 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • November 21, 2014
Gordon Food Service Inc. buys back Brandon, Fort Myers stores

Restaurant distributor and retailer Gordon Food Service Inc. purchased its Brandon and Fort Myers GFS Marketplace stores for a total of $3.85 million.

  • Charlotte–Lee–Collier
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