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Commercial Real Estate

  • By Kevin McQuaid
  • June 28, 2019
Blackstone Group mega deal to ripple through Gulf Coast

Blackstone Group's $18.7 billion acquisition of GLP US assets, including buildings in Tampa and Lakeland, highlights how the industrial real estate business has gravitated more toward distribution than warehousing.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 28, 2019
Richman Group to develop Naples multifamily project

Richman Group, the nation's seventh-largest apartment developer, has acquired land in Naples known as Magnolia Pond to develop up to 434 apartments in a deal brokered by SVN Lotus and SVN KONA.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 28, 2019
Investcorp buys apartments in Plant City, Winter Haven

Investcorp has purchased apartment complexes in Plant City and Winter Haven as part of a $370 million portfolio deal with Equus Capital Partners.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 28, 2019
Farley White reaffirms CBRE at Fifth Third Center

Farley White Interests has reaffirmed its commitment to CBRE Group as the leasing firm for its 19-story Fifth Third Center office building at 201 E. Kennedy Blvd. in downtown Tampa amid $3 million in renovations. to the building.

  • Commercial Real Estate
  • By Brian Hartz
  • June 28, 2019
Found in translation: Japanese realtor steps in to salvage deal

Using her cultural knowledge and background, Pierce Florida Realty LLC agent Sumiko Koboi, of St. Petersburg, Florida, helped salvage a deal for a commercial property owned by a Japanese businessman.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • June 21, 2019
Nuveen buys Brandon apartments for $77.5 million

Nuveen Real Estate Management, the investment arm of Teachers Insurance & Annuity Association, has invested $77.5 million to buy the Azola Apartments in Brandon, its third in a strong of recent multifamily rental properties in and around Tampa.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 21, 2019
New Bradenton Financial Center owner outlines capital improvement plans

Savlan Capital, in the wake of its $14.95 million purchase of the Bradenton Financial Center, the city's tallest office building, intends to invest more than $1 million to upgrade the 33-year-old building's lobby, common areas, restrooms and more.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 21, 2019
Get To Know ... Scott Cietek

Scott Cietek, the new head of the commercial division at Sarasota-based real estate brokerage firm Michael Saunders & Co., joins the firm after a career in the mortgage business and in economic development.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 21, 2019
Encore! Takes a Bow

The Tampa Housing Authority and joint venture partner Banc of America Community Development Corp. are offering lots for sale at Encore!, a former public housing site, to compliment four residential buildings that have been developed at the site of the for

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
Sky's the Limit on Skyplex

The Lee County Port Authority's 1,150-acre business park known as Skyplex is landing major office users like Gartner Inc. and Alta Resources Corp.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
Virage developers planning 34-story tower in Tampa

Arris Tampa, a planned 34-story residential tower from Batson-Cook Development and Ascentia Development Group, aims to capitalize on a growing interest to live in downtown Tampa

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
State legislature trims lease tax for third time

The State Legislature's vote to shave the tax on commercial real estate leases to 5.5% could save many businesses thousands of dollars each year.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
In Focus: Fort Myers

The Lee County submarket of Fort Myers has tempered somewhat in the past year after reaching a number of commercial real estate superlatives

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 7, 2019
Naples firm buys Collier Place office complex

A Naples investment firm has acquired the two-building Collier Place office complex in Naples for $12.85 million, with plans to invest significantly to improve the 62,000-square-foot property.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 7, 2019
Bluerock buys DeSota apartments in downtown Sarasota

Bluerock Real Estate of New York has spent $80.3 million to acquire the 180-unit DeSota apartments in downtown Sarasota at a record price per unit for the city.

  • Commercial Real Estate
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