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Commercial Real Estate

  • By Kevin McQuaid
  • July 26, 2019
Tampa Distribution Center sells for $69.25 million

The Tampa Distribution Center sold recently for $69.25 million, a 60% premium over what the six-building industrial project traded for in August 2015.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 26, 2019
SunTrust Financial Centre ranks among most expensive U.S. buildings

A London-based financial website claims that the SunTrust Financial Centre in downtown Tampa is among the most expensive buildings ever developed in the U.S., at $1.8 billion.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 19, 2019
At St. Armands Circle, investor popularity goes around and comes around

The popular St. Armands Circle retail district in Sarasota is receiving renewed attention after a spate of high-profile transactions involving the Columbia Restaurant Group and Benderson Development Co.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 19, 2019
Carlyle Group buys Citrus Park project for $72 million

An affiliate of the Carlyle Group has acquired the Citrus Park mobile home and RV park in Bonita Springs for $72 million

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 19, 2019
TruAmerica adds to Florida portfolio with Pinellas apartments

TruAmerica Multifamily has acquired a pair of Pinellas County apartment projects for nearly $64 million, bringing its statewide portfolio to about 5,000 units

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 19, 2019
Atlanta firm buys Bradenton retail center

An Atlanta company has acquired the Cortez Road Shopping Center for $9.35 million after its former owner brought the center to 100% occupancy through leases with Planet Fitness and others.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 19, 2019
RealOp buys Tampa industrial project for $16.5 million

A South Carolina company has acquired the former Southern Glazer's Wine & Spirits distribution center in Tampa for $16.5 million with plans to release it.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 12, 2019
Saunders Ralston Dantzler joins SVN network

Commercial real estate brokerage Saunders Ralston Dantzler has joined the Boston-based SVN network of firms, shifts alliances from Coldwell Banker Commercial.

  • Commercial Real Estate
  • By Business Observer Staff
  • July 12, 2019
Publix confirms plan to open in revamped Sarasota plaza

Publix Super Markets Inc. confirms for the first time plans to open a new store in what will be a revamped Town & Country Plaza in Sarasota

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 12, 2019
JLL, HFF becoming "One," implementing new program

Commercial real estate brokerage firm JLL is rolling out a new initiative to boost collaboration as it works to absorb former rival HFF, which it bought for $1.8 billion in early July.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 12, 2019
T. Rowe Price shuttering Tampa office as planned

T. Rowe Price Group is closing its Tampa call center operation in Westshore and consolidating operations in Owings Mills, Md., and Colorado Springs, Colo.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 12, 2019
In Focus: Naples office market

The Naples office market remains healthy and above historical averages in many metrics, despite slowing that has occurred in the past year in activity.

  • Commercial Real Estate
  • By Adrian Moore
  • July 5, 2019
Florida's job licensing decreases motivation instead of increasing quality

State legislators have again failed to tackle reforming Florida's occupational licensing requirements

  • Transactions
  • By Kevin McQuaid
  • July 5, 2019
Naples Beach Hotel prepares for its next chapter

The Athens Group, a Phoenix-based real estate developer specializing in luxury hotels, is buying the Naples Beach Hotel & Golf Club to redevelop it with a luxury hotel and residences beginning in 2021.

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 5, 2019
q&a: Mike Griffin

Mike Griffin, who has been promoted to lead commercial real estate brokerage firm Savills' Tampa office, intends to grow the firm's presence in the region through recruitment and technology.

  • Commercial Real Estate
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