Industries

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By Business Observer Staff
January 29, 2010

Vesta Equity buys Lakewood Ranch building

Real estate investment fund Vesta Equity in Sarasota purchased a 22,480-square-foot office building on Professional Parkway south of University Parkway for $2.88 million.

Manatee-Sarasota

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By Business Observer Staff
January 29, 2010

LWR Communities sees sharp improvement

LWR Communities reports there are only 206 homes listed for sale in Lakewood Ranch down from 805 home on the market in February of 2007.

Manatee-Sarasota

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By Business Observer Staff
January 29, 2010

Greystar, Praedium buy St. Pete Apartments

Lincoln Shores Associates LLC, a joint venture of Greystar Real Estate Partners and The Praedium Group, purchased the 631-unit Lincoln Shores Apartments east of 4th Street in the Gateway area of St. Petersburg for $24.2 million.

Tampa Bay-Lakeland

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By Business Observer Staff
January 29, 2010

Westfield Group buys Dillard's store

Little Rock, Ark.-based Dillard's sold it's 98,156-square-foot department store in Westfield Sarasota Square Mall near Potter Park Drive to the Westfield Group for $3 million. The purchase price equated to $31 per square foot of building space.

Manatee-Sarasota

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By Business Observer Staff
January 29, 2010

AutoWay subsidiary buys Red Hoagland land

A subsidiary of AutoNation Inc., First Team Ford of Manatee Ltd., purchased the Red Hoagland Pontiac GMC dealership on U.S. 41, south of State Road 70, for $6 million.

Manatee-Sarasota

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By Business Observer Staff
January 29, 2010

Colliers Arnold rebranded Colliers International

Following the planned new merger of Colliers International and FirstService Real Estate Advisors, Clearwater-based Colliers Arnold announced that it will rebrand its offices and operations as Colliers International.

Charlotte–Lee–Collier

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By Business Observer Staff
January 29, 2010

Cedar Mountain buys Shadow Pines

Cedar Mountain Investments LLC, an investment group headed by Tampa's Robert Uhle, purchased the 48-unit Shadow Pines Apartments at the northwest corner of 15th Street and 122nd Avenue for $1.2 million.

Tampa Bay-Lakeland

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By Jean Gruss
January 28, 2010

Cheap stuff

Veteran economist Gregory Miller says Florida could lead the country to stronger-than-expected economic growth.

Finance

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By Jean Gruss
January 28, 2010

Reset for Recovery

Gulf Coast office buildings now offering cheap rents and plentiful space will eventually attract new businesses.

Tampa Bay-Lakeland

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By Jay Brady
January 28, 2010

Water tax war

Proposed federal rules imposing numeric nutrient criteria for surface water may cost the state's wastewater utilities and ratepayers $50 billion, plus increase stormwater fees and construction, food and energy costs.

Florida

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By Jay Brady
January 28, 2010

Government Digest 1/29/10

A look at governmental action from around the Gulf Coast.

Florida

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By Mark Gordon
January 21, 2010

Right Buy, Right Time

The fifth fastest growing company in the nation bought new office property on the Gulf Coast for a steal.

Manatee-Sarasota

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By Jay Brady
January 21, 2010

Legal Limbo

Sarasota's Forest Lakes Country Club Estates' homeowners look out at 12-foot tall weeds instead of golf course views, and now have a fire hazard, flooding worries, new forms of wildlife and crime to contend with while the foreclosure drags on. It is a grim sign of the times.