Commercial Real Estate

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By Kevin McQuaid
September 7, 2018

Sarasota luxury hotel plans starting to gel

New York investment banker turned developer L. Ron Gray's plans to create a five-star hotel on the site of a Sarasota County-owned parking lot are gelling with new partners, a defined timeline and a set number of rooms.

Commercial Real Estate

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By Kevin McQuaid
August 31, 2018

Gulf Coast hotel sales climb into new territory

The $171 million sale of the Ritz-Carlton Sarasota resort, among other hotels, shows that Gulf Coast lodging properties are gaining in popularity among institutional investors such as real estate investment trusts.

Commercial Real Estate

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By Kevin McQuaid
August 31, 2018

Teachers Insurance buys St. Petersburg apartments

Teachers Insurance & Annuity Association pays $81.1 million for St. Petersburg apartment complex Fusion 1560, in one of the largest multifamily rental transactions in the Tampa Bay area this year.

Commercial Real Estate

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By Kevin McQuaid
August 31, 2018

Central Florida leases pair of buildings at Commerce center

Central Florida Development has fully leased a pair of speculative industrial buildings it constructed in the Central Florida Commerce Center,in Lakeland

Commercial Real Estate

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By Kevin McQuaid
August 31, 2018

AAA completes relocation to Renaissance Center in Tampa

AAA relocates 750 workers to new office space in Tampa's Westshore Business District after fully leasing a speculative building that New Jersey-based Vision Properties developed at the 71-acre Renaissance Center business park.

Commercial Real Estate

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By Andrew Warfield
August 31, 2018

Paradise preserved

Dennis Fullenkamp seeks to spur redevelopment in North Fort Myers by re-imagining the defunct Paradise Preserve into Paradise Isle.

Commercial Real Estate

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By Brian Hartz
August 31, 2018

Skin deep: Renovation brings the past to life

Clearwater, Florida-based lighting manufacturer Zaniboni Lighting has spared no expense on the renovation of its headquarters, which just so happens to be the ancestral home of the Clearwater police and fire departments, a building that dates back to 1928

Tampa Bay-Lakeland

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By Grier Ferguson
August 31, 2018

Key developments in downtown Bradenton could help usher in more vibrant city core

Leaders explain what they’re most excited about in downtown Bradenton — and why these changes will have a big impact on the area’s future.

Commercial Real Estate

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By Kevin McQuaid
August 29, 2018

Tampa Bay Bucs executive buys iconic area hotel

Tampa Bay Bucs executive buys famed Vinoy Renaissance resort in St. Petersburg, the latest in a string of high-profile lodging deals.

Tampa Bay-Lakeland

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By Business Observer Staff
August 24, 2018

Price is no object

Naples neighborhood tops ranking of great 11,000 in the U.S.. Median home price is a low factor.

Transactions

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By Kevin McQuaid
August 24, 2018

MacFarlane Barney Development hopes Prima Luce will be a source of light

MacFarlane Barney Development expects to start construction on Prime Luce, a 220-unit condo project, by the end of this year, but competition among high-end developments for buyers in Fort Myers could slow its work.

Commercial Real Estate

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By Kevin McQuaid
August 24, 2018

Pair of Fort Myers, Estero apartments fetch $100 million in sales

A pair of Lee County apartment complexes trade for $100 million, a further sign that investor demand for multifamily rental projects in Fort Myers and Estero remain in demand

Commercial Real Estate

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By Kevin McQuaid
August 24, 2018

McKibbon Hospitality ramping up hotel development

McKibbon Hospitality hires industry veteran Rod Radcliff as vice president of development to finish Hotel Arras project in North Carolina and to beef up the company's third-party development services division, spun off in January.

Commercial Real Estate

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By Kevin McQuaid
August 24, 2018

Bromley may hire Concord for Midtown Tampa hotel project

Bromley Cos. is negotiating to add Concord Hospitality Enterprises of Raleigh, N.C. to its roster of partners at its $500 million Midtown Tampa project

Commercial Real Estate

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By Kevin McQuaid
August 24, 2018

Commercial Question of the Week

Officials from CBRE, Skanska USA, Lantower Residential and Ryan Cos. weigh in on whether a labor shortage or government tariffs pose a bigger threat to the current commercial real estate growth cycle in Florida.

Commercial Real Estate

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Sarasota luxury hotel plans starting to gel

Gulf Coast hotel sales climb into new territory

Teachers Insurance buys St. Petersburg apartments

Central Florida leases pair of buildings at Commerce center

AAA completes relocation to Renaissance Center in Tampa

Paradise preserved

Skin deep: Renovation brings the past to life

Key developments in downtown Bradenton could help usher in more vibrant city core

Tampa Bay Bucs executive buys iconic area hotel

Price is no object

MacFarlane Barney Development hopes Prima Luce will be a source of light

Pair of Fort Myers, Estero apartments fetch $100 million in sales

McKibbon Hospitality ramping up hotel development

Bromley may hire Concord for Midtown Tampa hotel project

Commercial Question of the Week

EoS Fitness opens 40K-square-foot gym in Fort Myers

Sarasota firm behind $5M loan for St. Petersburg retail center purchase

PDQ restaurant property sold in south Sarasota

375-unit luxury apartment complex opens in Tampa's Westshore district

With $1.2M building purchase, Longboat Key restaurant plans expansion

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