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Commercial Real Estate

  • By Kevin McQuaid
  • January 25, 2019
IPC elevates Fraley to partner at Naples firm

Investment Properties Corp. has promoted Patrick Fraley to partner within the Napless commercial real estate brokerage firm in reflection of his commitment to brokerage and to the firm.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 18, 2019
Pair of older St. Pete Beach hotels are ripe for repositioning

Gencom Group's $100 million acquisition of the Grand Plaza Resort and the Beachcomber Hotel & Resort on St. Pete Beach may be part of a corporate shift toward more intense management while preparing for an eventual redevelopment of the properties.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 18, 2019
Times' building occupancy up to 90%

With L3 Technologies new lease, 490 First Ave. S in downtown St. Petersburg is now 90% occupied, roughly double the level of commitment three years ago.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 18, 2019
Virginia firm snaps up four office buildings near USF campus

Real Estate Value Advisors of Virginia has purchased four Class B office buildings near the USF tampa campus for $25 million, adding to its local portfolio.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 18, 2019
Strategic Property Partners CEO James Nozar going full speed ahead

Strategic Property Partners CEO sees a busy year ahead for the $3 billion Water Street Tampa project, with roughly a dozen new buildings under construction.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 11, 2019
The Commercial Question

Experts say the Gulf Coast's commercial real estate markets should remain strong in 2019, despite gathering headwinds and softness in certain property sectors.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 11, 2019
Apollo buys Largo assisted living facility

Apollo Global Management of New York acquired several area assisted living facilities as part of a $428 million deal with HCP Inc.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 11, 2019
Virginia firm buys Clearwater apartments for $78 million

General Services Corp.'s purchase of the Grand Reserve at Palm Isle brings to 11 the number of multifamily rental properties the Virginia company now owns in Florida.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 11, 2019
Richman razes Ringling for new complex

The Richman Group, in the wake of demolishing the former Ringling Shopping Center, plans to build a new 222-unit apartment complex on a 10-acre site in downtown Sarasota.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 11, 2019
Experts feeling cautious, but good, about commercial real estate outlook for 2019

Following a robust 2018, commercial real estate markets along the Gulf Coast are poised to be equally active in the year ahead.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 9, 2019
Top Deals in Sarasota/Manatee in 2018

Residences once again dominated the top commercial real estate deals of 2018, but one of the area's most plush resort outpaced all other sales.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 9, 2019
Top Deals Southwest Florida 2018

A high-end resort topped the list of commercial real estate sales in Southwest Florida in 2018, but apartments continued to attract the majority of investors.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 9, 2019
"Nothing Else Like It"

After being owned by a single family for 60 years, the former Musgrave Dairy property in Manatee County north of Lakewood Ranch is being marketed for sale. Commercial real estate brokerage Marcus & Millichap expects it will sell for more than $70 million.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 9, 2019
Rainier buys Woodlands Square for $64 million

A Dallas-based investment firm has spent $64 million to acquire the Woodlands Square Shopping Center in Oldsmar in the wake of a multimillion renovation.

  • Commercial Real Estate
  • By Kevin McQuaid
  • January 9, 2019
Saunders hires commercial division chief

Michael Saunders & Co., the Sarasota-based residential real estate brokerage, has hired a former New York state economic development executive to lead its commercial division

  • Commercial Real Estate
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