Industries

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By Business Observer Staff
November 20, 2009

Marici buys warehouse on Whitfield Park Loop

Marici LLC, a limited liability company run by Celeste Gruenstein, purchased a 9,750-square-foot warehouse in Whitfield Industrial Park near U.S. 301 for $650,000.

Commercial Real Estate

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By Business Observer Staff
November 20, 2009

IHOP franchisee buys second Naples location

Sunshine Restaurant Partners, an IHOP franchisee for Florida and Georgia, purchased a 4,050-square-foot former IHOP restaurant building near the intersection of Pine Ridge Road and Whippoorwill Lane for $1.1 million. The purchase price equated to $272 per square foot of building space.

Charlotte–Lee–Collier

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By Business Observer Staff
November 20, 2009

Williams Parker law firm adds to Cross Street holdings

The Sarasota-based law firm of Williams Parker Harrison Dietz & Getzen purchased a 1,792-square-foot office building on Cross St. in the Burns Court area south of downtown Sarasota for $990,000. The office was best known for housing Kimbrough & Koach.

Manatee-Sarasota

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By Business Observer Staff
November 20, 2009

Literacy Council buys Old 41 building

The Literacy Council of Bonita Springs Inc. purchased a 10,400-square-foot building on Old U.S. 41 north of Terry Street for $2.6 million. The purchase price equated to $250 per square foot of building space.

Commercial Real Estate

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By Jay Brady
November 19, 2009

Government Digest 11/20/09

A look at governmental action from around the Gulf Coast.

Florida

For Subscribers Only

By Jay Brady
November 19, 2009

Empty Promise

By next year, $19 billion is projected to have been spent to fully implement class size reduction in Florida since 2003, despite a lack of quantifiable evidence to support the policy.

Florida

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By Jean Gruss
November 19, 2009

Open receiver

Developer Kenneth Saundry Jr. spent 31 years in the real estate business in Florida building homes, RV parks, shopping centers and offices. Now, he's reinvented himself as a court receiver to manage distressed properties.

Charlotte–Lee–Collier

For Subscribers Only

By Jean Gruss
November 19, 2009

Orion's Fallen Star

Jerry Williams grew Orion Bank into one of the largest lenders in Florida during the real estate boom, only to be shut down by regulators in the bust. A last-ditch gamble to raise capital backfired.

Finance

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By Jean Gruss
November 19, 2009

All hands on deck

It's hard to think of a tougher challenge than for a Florida bank to raise capital today. But Bank of Florida Chief Executive Officer Michael McMullan has been here before.

Finance

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By Jean Gruss
November 19, 2009

Cross the Gulf

Louisiana-based IberiaBank resisted the temptation to expand its banking operations to Florida during the boom. Now that its rivals are struggling, it's diving into the state with two big government-assisted acquisitions.

Finance

For Subscribers Only

By Business Observer Staff
November 12, 2009

Kennedy White Orthopedic Center buys two floors of CattleRidge Medical

The Kennedy White Orthopedic Center purchased the second and third floors — 26,000 square feet — in the CattleRidge Medical Center near the intersection of Bee Ridge and Cattlemen roads for $5.94 million.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
November 12, 2009

KAMCO Property Co. buys Manatee Woods, other units

Plano, Texas-based commercial real estate firm KAMCO Property Co. purchased the 212-unit Manatee Woods apartment complex on 4th Avenue Drive and 14 units in the nearby Serendipity condominium for $4.2 million.

Manatee-Sarasota

For Subscribers Only

By Business Observer Staff
November 12, 2009

Brightwork Real Estate leases restaurant to Verizon

Tampa-based Brightwork Real Estate purchased a former Johnny Carino's 6,256-square-foot restaurant building, an outparcel to the Lake Brandon Village shopping center, for $2.3 million.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
November 12, 2009

Florida investor group buys Spring Glade apartments

Elster/Rocatica LLC purchased the 78-unit Spring Glade apartments off 22nd Street north of Fletcher Avenue at a foreclosure auction for $915,000.

Tampa Bay-Lakeland

For Subscribers Only

By Business Observer Staff
November 12, 2009

Tampa's Merecorp Inc. buys Baywater Apartments

Tampa area investor William Sultenfuss purchased the Baywater Apartments on Waters Avenue near Rustic Drive from the Dinerstein Cos. for $5.95 million.

Tampa Bay-Lakeland

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Marici buys warehouse on Whitfield Park Loop

IHOP franchisee buys second Naples location

Williams Parker law firm adds to Cross Street holdings

Literacy Council buys Old 41 building

Government Digest 11/20/09

Empty Promise

Open receiver

Orion's Fallen Star

All hands on deck

Cross the Gulf

Kennedy White Orthopedic Center buys two floors of CattleRidge Medical

KAMCO Property Co. buys Manatee Woods, other units

Brightwork Real Estate leases restaurant to Verizon

Florida investor group buys Spring Glade apartments

Tampa's Merecorp Inc. buys Baywater Apartments

National homebuilder buys 130 lots in Lakeland

AeroVanti's Britton-Harr looks to squash evidence as May trial approaches

7 in region make Forbes’ Best Large Employers list

Suncoast Credit Union announces merger, would grow to over $21B

Sarasota cybersecurity firm raises $20M, plans to scale

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