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Commercial Real Estate

  • For Subscribers Only
  • By Kevin McQuaid
  • September 27, 2019
Pair of Tampa apartment projects sell for $100 million plus

A pair of Tampa apartment complexes have traded for more than $100 million each, sales that point to the continued resiliency in the region's multifamily rental market.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 20, 2019
Seagate Development has established itself as a problem solver

Fort Myers-based firm has created a specialty out of generalizing — for itself and others.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 20, 2019
What They're Saying: CBRE Group

Technology-related jobs have posted significant growth in the Tampa area over the past few years as the area emerges a hub for the sector.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 20, 2019
MetLife to stay at Highwoods Preserve

MetLife has renewed its 176,000-square-foot lease in Highwoods Properties' Highwoods Preserve project in North Tampa, one of the largest office commitments in the region since early 2018.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 20, 2019
Gateway Professional Centre sells for $45.2 million

TerraCap Management of Bonita Springs has sold the four-building Gateway Professional Centre office complex in Sarasota to Boston-based Taurus Investment Holdings of Boston for $45.2 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 13, 2019
Gulfstream Isles apartments sell for $109 million

Gulfstream isles, a Fort Myers apartment complex that set a record price when it sold three years ago, has traded again for an ever larger amount, at $109 million. A Dallas firm acquired the property as part of a growth strategy.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 13, 2019
Tampa among nation's most active apartment markets

The Tampa area in 2019 ranks among the Top 20 U.S. markets for new apartment unit development, according to a new survey from real estate researcher Yardi Matrix.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 13, 2019
Iconic Sarasota "Vault" building is purchased by investor

Doug Libertore, a Sarasota investor, has purchased the city's "vault" building for $4.1 million, where he plans to open a new brain and autism spectrum research center.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • September 13, 2019
Stone, Steel, Wood

Altis Cardinal's Elements on Third repurposes a series of old office buildings for apartments in St. Petersburg

  • Commercial Real Estate
  • For Subscribers Only
  • By Denise Federer
  • September 13, 2019
Six steps to become an inclusive leader.

It’s a proven-successful approach to leadership that companies are quickly adopting.

  • Transactions
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
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