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Industries

  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Marco Island investor buys office building

Thomas Garousi of Marco Island purchased a 6,000-square-foot office building for $1 million. The price equated to $167 per square foot.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Balfour Group buys undeveloped property

Balfour Group LLC purchased 40 acres for $1.7 million. The price equated to $42,500 per acre.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Kolter Land Partners buys part of Sandoval

Kolter Land Partners purchased 63 lots in Sandoval for $1.4 million. The price equated to $22,222 per lot.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Minto Communities plans Sun City purchase

Minto Communities announced plans to acquire the last remaining buildable land parcels in the Kings Point and Renaissance neighborhoods of Sun City Center.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
W. P. Carey & Co. buys two office buildings

New York-based investment management firm W.P. Carey & Co bought two buildings for $57.2 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Canada's Osgoode Properties buys most of Fountains of Largo

Ottawa-based Osgoode Properties purchased 135 units in the Fountains of Largo apartment complex for $4.3 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Guyton buys gas station

Tampa-based Guyton Energy Corp. purchased a 2,658-square-foot BP service station for $702,000. The fuel supply company declined to comment on the sale.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Centro Properties Group plans larger Sarasota Village Publix

Australia-based Centro Properties Group has filed a site plan to redevelop a portion of the Sarasota Village retail center.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Family Dollar Stores seeks North Trail location

Matthews, N.C.-based Family Dollar Stores Inc. is close to the start of construction on a store in Sarasota.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Canadian firm buys Conquistador Village

Ottawa-based Osgoode Properties purchased the 174-unit Conquistador Village Apartments for $6 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 9, 2010
Local veterinarian buys Dunedin office buildings

Palm Harbor veterinarian John Hodges purchased two office buildings for $1.35 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Jean Gruss
  • July 9, 2010
Bank Lifeline

A group of former Bank of America executives plans to invest as much as $350 million in TIB Financial, the Naples-based bank-holding company. The fresh capital saves the company from the unfortunate fate of some of its cross-town rivals and gives existing shareholders another chance.

  • Finance
  • For Subscribers Only
  • By Jay Brady
  • July 9, 2010
Flood of Risk

The federal flood insurance program presents another kind of risk these days for real estate lenders and borrowers: congressional risk.

  • Florida
  • For Subscribers Only
  • By Carl Cronan
  • July 9, 2010
Linking Expertise

The downturn has affected engineering as much as any industry, yet it also creates the opportunity for mergers and acquisitions among those with like minds and varied disciplines.

  • Industries
  • For Subscribers Only
  • By Carl Cronan
  • July 9, 2010
Account Closed

William Klich concludes a banking career that has spanned more than four decades in Florida. He leaves on a high note and expects banks in this state to regain strength as well.

  • Finance
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