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Industries

  • By Business Observer Staff
  • August 19, 2011
Zumot Real Estate Management buys, renames Canterbury Lane

An affiliated company of McLean, Va.-based Zumot Real Estate Management Inc. purchased the 319-unit Canterbury Lane Apartments for $4.1 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 19, 2011
Doral Oaks Apartments sell for $13.75 million

Brothers Jose and Damian Jimenez of Escondido, Calif., purchased the 252-unit Doral Oaks Apartments for $13.75 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 19, 2011
Health Care REIT buys Ridgelake hospital

Toledo, Ohio-based Health Care REIT Inc. purchased the 50,285-square-foot Hospital at Ridgelake for $22.5 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 19, 2011
Benderson Development buys Siesta Beach Plaza

University Park-based retail giant Benderson Development Co. LLC purchased the 6,829-square-foot Siesta Beach Plaza for $1.38 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 19, 2011
Senior Housing Trust buys Lexington Manor

Newton, Mass.-based Senior Housing Properties Trust purchased the 82-unit Lexington Manor assisted-living facility for $12.33 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 19, 2011
Altman Cos. receives financing to start Alta­s at Grand Cypress

The Boca Raton-based Altman Cos. reports it has acquired construction financing of a $18.4 million loan through City National Bank of Florida with equity provided through Sarofim Realty Advisors and Altman to develop a 258-unit rental community in New Tampa.

  • Tampa Bay-Lakeland
  • By Jean Gruss
  • August 19, 2011
Ready to Represent

David Mulicka successfully managed his construction firm through the downturn and now plans to take his entrepreneurial skills to Tallahassee.

  • Industries
  • By Jay Brady
  • August 19, 2011
Foreign Capital, Local Jobs

A Tampa-Sarasota partnership's investment model finances development projects backed by foreign investors. The payoff: an expedited path to citizenship, if enough jobs get created.

  • Florida
  • By Jay Brady
  • August 19, 2011
Rules Redux

Bruce Mitchell, president of Clearwater-based Rally Stores Inc., and chairman of the Florida Petroleum Marketers and Convenience Store Association, sees the bottom-line benefit to the proposed repeal of a redundant state rule impacting his industry.

  • Florida
  • By Jay Brady
  • August 19, 2011
Government Digest: Aug. 19

Governmental action from around the Gulf Coast.

  • Florida
  • By Business Observer Staff
  • August 12, 2011
Nation's largest law school buys Riverview building

Lansing, Mich.'s Thomas M. Cooley Law School purchased a 131,278-square-foot warehouse/distribution facility in the Interchange Center business park for $4.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 12, 2011
Manatee Rural Health Services moving to Palmetto B of A building

Manatee County Rural Health Services Inc. purchased the 27,000-square-foot Palmetto Bank of America building for $985,000. The price equated to $36 per square foot.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 12, 2011
Sarasota manufacturer Octex buys building for expansion

Octex LLC purchased its 33,116-square-foot manufacturing building for $1.9 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 12, 2011
Cole REIT buys part of Forum at Fort Myers

Phoenix-based Cole Credit Property Trust III (Cole REIT III) purchased 185,799 square feet of retail space in The Forum at Fort Myers for $34.25 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 12, 2011
Grandtag Madison Realty LLC buys The Palms of Punta Gorda

Pasadena, Calif.-based Grandtag Madison Realty LLC purchased the 56-unit The Palms of Punta Gorda assisted-living and dementia-care facility for $4 million.

  • Commercial Real Estate
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