Industries

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By Business Observer Staff
December 3, 2009

Marketplace of Ideas: Rich Uncle Pays Your Mortgage

Rockwell points out that more of the same policies that caused the mortgage problem will not fix it.

Florida

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By Business Observer Staff
November 25, 2009

Om Ventures, investors buy Tampa's Palms Center

Tampa Palms Center LLC, a partnership of Om Ventures Inc. and a group of investors, purchased the two-building Palms Center office development on Bruce B. Downs Boulevard west of Interstate 75 for $2.7 million.

Tampa Bay-Lakeland

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By Business Observer Staff
November 25, 2009

UNI International, NMT moving to St. Pete Beach

The owners of freight forwarders UNI International and NMT USA purchased a two-story 8,176-square-foot office building near the Corey Causeway for $1.16 million.

Commercial Real Estate

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By Business Observer Staff
November 25, 2009

The Richman Group develops Sabal Ridge

West Palm Beach-based The Richman Group of Florida Inc. purchased 19.36 acres at the corner of Dr. Martin Luther King Jr. Boulevard and Clewis Avenue near Interstate 75 for $3.5 million.

Tampa Bay-Lakeland

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By Business Observer Staff
November 25, 2009

Kompo Family Co. LLC buys bank headquarters land

Kompo Family Co. LLC, a limited liability company headed by Sarasota chiropractor Dr. Gary Kompothecras, purchased the 1.7 acres housing the corporate headquarters of Community Bank of Manatee for $1 million.

Manatee-Sarasota

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By Business Observer Staff
November 25, 2009

Fontanot buys building, considers Mexican restaurant

Manuel Fontanot's Fontanot LLC purchased a 9,313-square-foot building at the southwest end of St. Armands Circle from a Maus family-owned trust for $3 million. The purchase price equated to $322 per square foot.

Manatee-Sarasota

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By Business Observer Staff
November 25, 2009

Tidewell Hospice buys Lakewood Ranch building

Sarasota-based non-profit Tidewell Hospice purchased the two-story building housing its Lakewood Ranch office for $6.55 million. The purchase price equated to $179 per square foot of building space.

Manatee-Sarasota

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By Business Observer Staff
November 25, 2009

Alpha-Omega buys 72 units in Reserve at Naples

Naples-based Alpha-Omega Cos. Inc. purchased 72 units in the 300-unit The Reserve at Naples condominium development near Pine Ridge Road for $3.2 million. The purchase price equated to $44,444 per unit.

Charlotte–Lee–Collier

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By Business Observer Staff
November 25, 2009

Four Danes buy Edgewater Inn

Edgewater Inn LLC, a partnership of four owners from Denmark, purchased the six-unit Edgewater Inn on the western end of Estero Island for $1.2 million.

Charlotte–Lee–Collier

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By Business Observer Staff
November 25, 2009

Lee County buys 77 acres from Jamerson Farms

Lee County government purchased 76.69 acres of farmland running along the property line of Jamerson Farms from State Road 82 south to property owned by Florida Rock for $1.69 million. The purchase price equated to $22,000 per acre.

Charlotte–Lee–Collier

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By Business Observer Staff
November 25, 2009

J.L. Wallace builds Water Field Operations

J.L. Wallace Inc. has been awarded a contract by the City of Cocoa to build the Water Field Operations Center Warehouse in Cocoa.

Commercial Real Estate

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By Mark Gordon
November 25, 2009

Workout World

A pair of commercial real estate veterans has formed a business born of the recession, to help banks and landlords navigate the miserable market. It could be a big business.

Manatee-Sarasota

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By Jay Brady
November 25, 2009

Backward economics

The productive trend toward regionalism is being undermined by the protectionism of local preference ordinances hoped to keep more tax dollars circulating within communities. The trade-off is higher costs and lower quality for public projects.