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Commercial Real Estate

  • By Grier Ferguson
  • July 26, 2019
Entrepreneur operates five storefronts in one area mall, with plans for more

Malls nationally are struggling to keep tenants. But Paul Sykes has decided to lean into the benefits at Westfield Siesta Key.

  • Commercial Real Estate
  • By Brian Hartz
  • July 26, 2019
Current events: New hotel represents continuation of a family legacy

Stan Lifsey, grandson of Julian Lifsey Jr., the man who keyed the commercial development of the area in the 1960s and '70s, has ensured the family name will live on in perpetuity with the opening of Current, a new 10-story, $54 million Marriott Autograph

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • July 26, 2019
Water Street Tampa catching a wave

Water Street Tampa, the $3 billion development poised to transform downtown Tampa, is experiencing a flurry of activity across office, retail and hospitality lines. The project also has made moves regarding key construction personnel and with its future o

  • Commercial Real Estate
  • By Kevin McQuaid
  • July 26, 2019
What They're Saying: Cushman & Wakefield

Tampa is among seven cities nationwide where growth is expected to continue for the foreseeable future thanks to a continued positive forecast for new jobs.

  • 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
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