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Commercial Real Estate

  • By Business Observer Staff
  • September 6, 2019
Grocery chain acquired, plans to expand bulk, private label sections

Richard's Foodporium has 12 retail stores in Florida and a 22,000-square-foot warehouse complex in north Sarasota.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • September 6, 2019
Channelside Apartments trade for $65.2 million

A California investment firm has acquired the 325-unit Channelside Apartments in Fort Myers for $65.2 million, an 18.5% premium to the $55 million the seller paid in April 2016.

  • Commercial Real Estate
  • By Kevin McQuaid
  • September 6, 2019
Elvis has left the building

Daniel Peek, who while at HFF negotiated some of the largest hotel sales in area history, has left the firm amid its merger with JLL to join Hodges Ward Elliott, a New York brokerage, where he will be president of its hospitality division.

  • Commercial Real Estate
  • By Kevin McQuaid
  • September 6, 2019
IP Capital completes a Grand deal

$226 million purchase of the Grand Hyatt Tampa Bay and Bayport Plaza will further integrate the two properties in Tampa's Westshore district

  • Commercial Real Estate
  • By Kevin McQuaid
  • September 6, 2019
What They're Saying: CoStar Group, JLL

Florida's retail sector, especially in areas like Tampa, St. Petersburg, Sarasota, Naples and Orlando, has shown strong rental rate and occupancy growth over the past year, despite advances from online shopping that have prompted store closings, according

  • Commercial Real Estate
  • By Kevin McQuaid
  • September 6, 2019
Dozens apply for St. Petersburg Pier Marketplace slots

The St. Petersburg Municipal Pier Marketplace project has received 70 applications from prospective vendors, who will compete for 17 slots in the project that is part of the city's $76 million pier renovation.

  • Commercial Real Estate
  • By Mark Gordon
  • August 30, 2019
Developer uses speed to market, size, to win over logistics tenants

Benderson Development scores a big win with Manatee County project.

  • Commercial Real Estate
  • By Beth Luberecki
  • August 30, 2019
Patient developer tackles several challenges in latest project

Mike Miller uses a bend-but-not-break approach.

  • Commercial Real Estate
  • By Brian Hartz
  • August 30, 2019
Blue heaven: Hotel changes look but keeps what works

Treasure Island’s Bilmar Beach Resort has overcome many obstacles over 50 years. Consistency, with a side of surprise-and-delight, keys the sustainability.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • August 30, 2019
Westshore riding a wave of activity

A raft of recent office sales illustrate that investors remain drawn to the suburban Tampa business district.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 30, 2019
Is Banyan Street seeking new partners?

Banyan Street Capital is working with CBRE Group to recapitalize the Bank of America Plaza and Tampa City Center in downtown Tampa as partner Oaktree Capital Management is absorbed by new owner Brookfield Capital.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 30, 2019
SPP chief talks Water Street Tampa in new podcast

Strategic Property Partners' CEO James Nozar talks about building Water Street Tampa and his company in a new podcast with RCLCO Realty Advisors, where he once worked as a consultant prior to coming to Tampa.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 30, 2019
REI "legitimizes" Midtown Tampa site

Specialty outdoor retailer REI Co-Op plans to open just its third Florida store in the 22-acre Midtown Tampa project in 2021.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 30, 2019
Chasing the Northern Lights

Naples-based Ronto Group is expanding its footprint and moving up the Gulf Coast to Sarasota and now to Tampa with a new residential high-rise, the 22-story Altura Bayshore.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 26, 2019
q&a: Danny Rice

Colliers International Tampa Bay Managing Director Danny Rice talks about recruiting, technology and the next downturn

  • Commercial Real Estate
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