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Industries

  • By Business Observer Staff
  • September 16, 2011
Fort Myers attorney buys Islander Center

Fort Myers business-law attorney Charles Phoenix purchased the 9,778-square-foot Islander Center for $2.1 million.

  • Charlotte–Lee–Collier
  • By Jean Gruss
  • September 16, 2011
Tax Watch

Lee County hoteliers are worried that politicians are eyeing the bed tax they collect for uses that won't directly benefit the tourism industry. Case in point: Some of that money recently paid for questionable water-quality studies.

  • Florida
  • By Jean Gruss
  • September 16, 2011
Home Inventory Shrinks

Residential developers and homebuilders in Charlotte, Collier and Lee counties have seen new-home prices stabilize. That's because the inventory is shrinking.

  • Industries
  • By Business Observer Staff
  • September 9, 2011
Infuserve America expanding, relocating to Pinellas Park

David Kazarian purchased a 32,604-square-foot flex building near HSN for $1.65 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 9, 2011
Iowa's TWC Services buys Lynmar building

Des Moines, Iowa-based TWC Services Inc. purchased a 12,380-square-foot industrial building for $849,460.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 9, 2011
Boca Raton's Carls Patio buys Robb & Stucky building

Boca Raton-based Carls Patio purchased the 12,235-square-foot former Robb & Stucky Patio building for $1.44 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 9, 2011
Millennium Management buys land for Bank United building

Millennium Management LLC of Miami purchased 1.03 acres of land housing a bank building for $2.52 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 9, 2011
Sarasota company buys land on U.S. 301 for Family Dollar

A limited liability company managed by Sarasota attorney Paul Beitlich purchased the former Owen Motors dealership property on U.S. 301 and a nearby vacant parcel for $624,000.

  • Manatee-Sarasota
  • By Business Observer Staff
  • September 9, 2011
Greek investor buys CVS land, nearby site

Angelos Spyrantis of Greece purchased a 1.7-acre parcel housing a CVS/pharmacy drug store and an adjacent 2.34 acres for $3.15 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • September 9, 2011
Cortland Loan Service buys 32 Sea Pines units

The real estate venture fund Cortland Loan Service LLC purchased an additional 32 townhome units in the Sea Pines apartment complex for $1.73 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • September 9, 2011
Canadian multifamily investor buys parking for The Place

Southwest Properties Ltd. purchased two parking lot parcels, totaling 0.51 acres, in front of The Place at Channelside condominiums for $955,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 9, 2011
Boca Raton investor group buys Countryside Commons park

An investment group headed by Edmund Shamsi of Boca Raton purchased the 44,248-square-foot Countryside Commons office park for $6.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 9, 2011
Axcel Development Group nearing Doctors Plaza start

Axcel Development Group, a Tampa developer, plans to create a medical office building next to Doctor's Hospital of Sarasota.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 9, 2011
2nd Quarter Banking Charts

Total assets, returns, and net incomes are listed for each bank headquartered along the Gulf Coast.

  • Finance
  • By Jean Gruss
  • September 9, 2011
Strong Bonds

A small bond management firm in Fort Myers is quietly posting strong performance for its institutional clients. Its founder is a longtime bond manager who relocated his firm to the Gulf Coast.

  • Finance
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