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Industries

  • By Business Observer Staff
  • June 4, 2010
SoMac buys loan, acquires partially built building

SoMac LLC, an investment group, has taken over ownership of an 11,000-square-foot, two-story office building.

  • Tampa Bay-Lakeland
  • By Jean Gruss
  • June 4, 2010
Cape Comeback

The residential downturn devastated Cape Coral's once-thriving homebuilding industry. The survivors see signs of a revival in the state's second-largest city by landmass.

  • Industries
  • By Jay Brady
  • June 4, 2010
The Big Deal

The state's gaming compact with the Seminole Tribe promises revenue, economic growth and jobs, but Gulf Coast racetrack operators see tough times ahead.

  • Florida
  • By Jay Brady
  • June 4, 2010
Government Digest: June 4 - June 10

A look at governmental action from around the Gulf Coast.

  • Florida
  • By Business Observer Staff
  • May 28, 2010
Behringer Harvard, partners buy The Palms of Monterrey

An investment group acquired the fee title to The Palms of Monterrey in Fort Myers for $25.4 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 28, 2010
Piano Distributors will move to Stephen's Furniture building

William Boyce purchased the former Stephens Furniture building in Sarasota for $1.1 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 28, 2010
Southern Technical College buys Grow Financial office

Orlando-based Southern Technical College purchased a 17,022-square-foot office building for $2.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 28, 2010
Ceviche Tapas owners buy restaurant

The owners of Ceviche Tapas Bar and Restaurants in Florida purchased the 9,056-square-foot Tio Pepe restaurant for $1.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 28, 2010
Fort Myers investors buy a trio of buildings on U.S. 41

Real estate investors Keith Campbell and Ted Muftic purchased three office and retail buildings for $2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 28, 2010
Diplomat Taxi owner buys 15th Street warehouse

RP Properties of SRQ purchased a 9,880-square-foot warehouse building for $700,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 28, 2010
Jon Swift buys building, plans redevelopment

Jon Swift purchased a vacant 12,851-square-foot commercial building for $1.1 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 28, 2010
Investor Group buys Fort Myers office building

The Cambridge Building LLC purchased a 9,600-square-foot office building for $685,000.

  • Commercial Real Estate
  • By Carl Cronan
  • May 28, 2010
Green makes green

Existing office buildings are now pursuing LEED certification. Managers say tenants demand it, but cost savings also motivate those efforts. The economics may be working.

  • Commercial Real Estate
  • By Jean Gruss
  • May 28, 2010
Where's the flood?

Investors raised billions of dollars in anticipation of a flood of distressed commercial real estate for sale at deep discounts. It hasn't happened — yet.

  • Commercial Real Estate
  • By Jay Brady
  • May 28, 2010
Twilight Zones

Enterprise zones may be in their sunset years, but they continue to grow in size and number even as their benefits and costs are questioned.

  • Florida
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