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Commercial Real Estate

  • By Kevin McQuaid
  • October 20, 2017
MLG Capital buys Breckenridge portfolio

A Brookfield, Wis.-based investment firm has acquired 15 buildings within Tampa's Breckenridge Business Park for $22.5 million.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • October 20, 2017
Industrial demand outstripping supply

Over the next five years, Florida's population is expected to grow by 1.3% annually, which could result in an 8-million-square-foot shortfall in the amount of distribution-related real estate required.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • October 20, 2017
Rebuilding Mode

Local Puerto Rican property owners are working to assess damage and reopen their properties on the battered island.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • October 20, 2017
Strategic Pivot

Boston-based Farley White Interests has targeted the Gulf Coast as its primary market for acquisitions outside of New England.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • October 20, 2017
Vision Properties adding to Renaissance Center

Buoyed by its success earlier this year fully leasing a speculative office building in its corporate park in the Westshore district of Tampa, New Jersey-based Vision Properties has unveiled plans for two additional office developments in the 71-acre Renaissance Center.

  • Commercial Real Estate
  • By Kevin McQuaid
  • October 20, 2017
Lee County has trio of fast-growing cities

Lehigh Acres and Fort Myers, both in Lee County, are among the fastest-growing cities in America, according to a new tabulation by research firm WalletHub.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 13, 2017
Carla Trombly, 36

Senior VP, retail sales director, Florida Community Bank

  • Class of 2017
  • By Kevin McQuaid
  • October 6, 2017
New York firm buys Amberton townhomes

Affiliates of Airmont, N.Y.-based The Embassy Group LLC have paid $67 million for a collection of townhome rentals in Naples, according to Collier County property records.

  • Charlotte–Lee–Collier
  • By Kevin McQuaid
  • October 6, 2017
Lee County to buy Edison Farms for $42.5 million

In one of the largest land transactions by acreage in Southwest Florida in the past five years, Lee County has committed to acquiring a 4,000-acre tract in the southern portion of the county for $42.5 million.

  • Charlotte–Lee–Collier
  • By Kevin McQuaid
  • October 6, 2017
Location Driven

Convergent Capital Partners has evolved over the last decade, becoming more disciplined — and people-centric — in its approach to buying real estate.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • September 29, 2017
SPP taps brokerage for Water Street tower

Don't be surprised if Strategic Property Partners, the joint venture between Tampa Bay Lightning owner Jeff Vinik and Bill Gates' Cascade Investment LLC, taps commercial real estate brokerage firm JLL to lease the new office tower that will be one of the centerpieces of the $3 billion project.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • September 29, 2017
Irma could boost industrial demand

Though Hurricane Irma brought devastation — and an estimated $65 billion in damage — to Florida when it tore through the state earlier this month, the storm's clouds could have a silver lining for Gulf Coast commercial real estate.

  • Commercial Real Estate
  • By Kevin McQuaid
  • September 29, 2017
St. Petersburg Salvador condos sell out

Fueled by a trend of re-urbanization and low overall inventory, the developers of the Salvador condominiums in downtown St. Petersburg have sold out all units in the 13-story project.

  • Tampa Bay-Lakeland
  • By Kevin McQuaid
  • September 29, 2017
Sarasota code update progressing

The city of Sarasota's overhaul of its zoning code is on track to be completed by next summer, the official overseeing the effort says.

  • Manatee-Sarasota
  • By Kevin McQuaid
  • September 29, 2017
Calculated risk

Central Florida Development took a chance developing spec in the Interstate 4 corridor before many others. The bet has paid off in a big way.

  • Tampa Bay-Lakeland
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