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Industries

  • By Business Observer Staff
  • March 4, 2010
Brookfield fund buys Fountain Square I, III

The Brookfield Real Estate Opportunity Fund, a collection of funds sponsored by Brookfield Asset Management, purchased the Plaza at Fountain Square III and Fountain Square I in Westshore from Chase Bankcard Services for $43.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 4, 2010
St. Pete business owners buy apartments

CPN Holdings LLC, a purchase entity headed by the Nguyen family of St. Petersburg, purchased the 40-unit The Ambassador apartment complex on 50th Avenue east of Seventh Street for $1.37 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 4, 2010
Aldi develops Port Richey store

Batavia, Ill.-based discount grocer Aldi USA purchased a 7,300-square-foot former Lone Star Steakhouse restaurant building on two acres along U.S. 19 for $1.56 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 4, 2010
Joneses buy Capri Inn, plan rehab, rebranding

Don and Elena Jones of Sarasota purchased the 10-unit Capri Inn at The Beach motel on Siesta Key east of Midnight Pass Road from a The Bank of Commerce subsidiary for $995,000.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 4, 2010
Oettinger Davidoff Group moves headquarters

The Oettinger Davidoff Group has announced plans to relocate its headquarters to a 100,000-square-foot building in Pinellas Park.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 4, 2010
Sam's Club buys land in Riverview Bell Plaza

Bentonville, Ark.-based Sam's Club purchased 13.27 acres in the proposed Riverview Bell Plaza area from DeBartolo Development for $5.2 million. The purchase price equated to $391,861 per acre.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 4, 2010
Condo Capital buys, resells 53 units

Denver-based condominium turn-around company Condo Capital Solutions has purchased the 53 remaining units in the 124-unit, two-building Bel Mare Condominiums at Riviera Dunes for $6.4 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 4, 2010
Valrico Express Oil owner buys Lithia Pinecrest buildings

Scott and Malinda Webster, owners of the Express Oil Change & Service Center in Valrico, have purchased the business's two buildings on Lithia Pinecrest Road north of Bloomingdale Avenue for $1.12 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 4, 2010
Urfer opens dealership, plans building on U.S. 301

Jack Urfer is opening a dealership for super-sized vehicles.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 4, 2010
Starwood Land Ventures buys 5,000-lots, models

Lakewood Ranch-based residential real estate investment firm Starwood Land Ventures purchased 5,449 residential lots and 36 model homes in Florida from TOUSA Inc. for $81 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • March 4, 2010
Lee's Conservation 20/20 makes $36-million purchase

Lee County commissioners have approved the $36.3-million purchase of 1,213 acres on State Road 82 in eastern Lee County for conservation.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • March 4, 2010
Collier Enterprises delays Big Cypress plans

Naples-based Collier Enterprises says it will delay permitting for the Town of Big Cypress in order to participate in a new Habitat Conservation Plan being created by a coalition of conservation organizations and Collier County landowners.

  • Charlotte–Lee–Collier
  • By Jay Brady
  • March 4, 2010
One Big Litter Box

Environmentalists' federal lawsuit to force designation of 3.1 million acres of Southwest Florida as a critical habitat for the Florida panther could cost businesses and governments tens of billions of dollars and thousands of jobs.

  • Florida
  • By Jean Gruss
  • March 4, 2010
Election-year stimulus

More federal stimulus spending this election year could set the stage for a recovery in construction in 2011, says Fred Pezeshkan, chief executive officer of Kraft Construction.

  • Florida
  • By Jay Brady
  • March 4, 2010
Government Digest 03/05/10

A look at governmental action from around the Gulf Coast

  • Florida
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