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Industries

  • By Business Observer Staff
  • December 17, 2009
Georgia company buys Consulate Health Care

FC-THC Leasing III LLC, a limited liability company related to Alpharetta, Ga.-based Formation Capital, purchased the 43,430-square-foot Consulate Health Care of North Fort Myers retirement community at the southeast corner of Pondella Road and 25th Avenue for $10.1 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 17, 2009
Greystar buys Beach Club, Viridian Lake

Charleston, S.C.-based multi-family company Greystar Real Estate Partners LLC purchased the Beach Club Apartments and the Viridian Lake next to each other on the Winkler Avenue Extension for $17.25 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 17, 2009
D.R. Horton restarts, builds homes in River Place

Residential builder D.R. Horton purchased six lots in River Place, a community just west of Interstate 75 and south of State Road 70 for $326,000. The purchase price equated to $54,333 per lot.

  • Commercial Real Estate
  • By Jean Gruss
  • December 17, 2009
Pain Management

Commercial real estate deals have slowed to a crawl as everyone awaits a tidal wave of debt refinancing. What lenders do next will determine the value of office buildings, warehouses and shops on the Gulf Coast.

  • Tampa Bay-Lakeland
  • By Jay Brady
  • December 17, 2009
Jobs Killer

A smothering 1,100% state unemployment compensation hike taking effect Jan. 1 couldn't come at a worse time, and may ignite a 'death spiral' of greater unemployment and even higher state unemployment compensation taxes.

  • Florida
  • By Jay Brady
  • December 17, 2009
Government Digest 12/18/09

A look at governmental action from around the Gulf Coast.

  • Florida
  • By Business Observer Staff
  • December 11, 2009
Estero dentist buys unit in Coconut Point Center

Dentist Scott Johnson and his wife Kelley Johnson purchased a 1,900 square foot unit in the Coconut Point Center Condominiums on U.S. 41 south of Coconut Drive for $576,300.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 11, 2009
MK Construction buys in Taylor Business Center

Punta Gorda-based general contractor and developer MK Construction has bought out a partner for total ownership of five building pads and five condominium units in Taylor Business Center for $1.15 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 11, 2009
SchenkelShultz designs Storm Grove

SchenkelShultz Architecture in Sarasota designed Grove Middle School on Vero Beach, a $34.3 million, 167,500-square-foot school.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 11, 2009
R.E. Michel Co. Inc. buys Lime Avenue building

R.E. Michel Co. Inc., a Maryland-based wholesale heating, air and refrigeration equipment distributor, purchased a 16,500-square-foot building on Lime Avenue south of Mango Avenue for $1.32 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 11, 2009
Rooms To Go buys Darby, plans store

Seffner-based furniture retailer Rooms To Go Inc. purchased the former Darby Automotive dealership on Tamiami Trail south of Phillippi Street for $6.75 million. The purchase price equated to $1.38 million per acre.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 11, 2009
Richman Group of Florida builds Cross Creek Apts

The Richman Group of Florida Inc. purchased 26.7 acres on Sligh Avenue north of Woodbranch Drive between 78th Street and Maple Lane for $3.55 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 11, 2009
Ohio investment company buys Tampa Sweetbay Plaza

S-O Sweet FL Retail I LLC, a 50-50 partnership of Ohio-based investment and management company Streak Investments and Optimus One, purchased the 56,097-square-foot Sweetbay Plaza on North Dale Mabry south of Columbus Drive for $8.8 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 11, 2009
South Bend's Raitt Corp. buys Cross Creek Shell land

South Bend, Ind.-based real estate company Raitt Corp. purchased a 5,224-square-foot Shell service station and small car wash at the northwest corner of Cross Creek Boulevard and Morris Bridge Road/County Road 579 for $2.4 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 11, 2009
Prudential Palms Realty owner buys Lakewood Ranch Realty

Lakewood Ranch developer Schroeder-Manatee Ranch has agreed to sell its subsidiary Lakewood Ranch Realty Co. to Palms Real Estate Solutions.

  • Manatee-Sarasota
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