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Commercial Real Estate

  • For Subscribers Only
  • By Business Observer Staff
  • July 28, 2017
Fill it up

A Tampa firm with a niche in urban projects has discovered a growing market — in areas some developers have traditionally avoided.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Kevin McQuaid
  • July 28, 2017
Crescent, Five Star buy Sirata Beach Resort

In one of the largest lodging acquisitions along the Gulf Coast in the past year, a pair of investment firms have quietly purchased the Sirata Beach Resort & Conference Center for $108.2 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Kevin McQuaid
  • July 28, 2017
Liberty Group closes first deal with new fund

The Sirata Beach Resort sale isn't the only lodging news happening in the Tampa/St. Petersburg area, of course.

  • Commercial Real Estate
  • For Subscribers Only
  • By Kevin McQuaid
  • July 21, 2017
General Services buys Hamlin at Lake Brandon

General Services Corp., a Richmond, Va., company that owns multiple apartment complexes from Largo to Bradenton, has acquired the 360-unit Hamlin at Lake Brandon complex for $60 million, according to Hillsborough County property records.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Kevin McQuaid
  • July 21, 2017
Naples hardware store fetches $16.8 million

In one of the largest single-tenant retail investment sales in the Naples area in the past three years, an Orchard Supply hardware store has traded hands for $16.85 million, according to Collier County property records.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Kevin McQuaid
  • July 21, 2017
Tampa area CRE loan defaults rise

Commercial real estate loan defaults in the Tampa/St. Petersburg/Clearwater area jumped in June versus the same period in 2016, primarily the result of mortgage-backed securities debt maturities, according to real estate research firm Trepp.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Kevin McQuaid
  • July 21, 2017
Risk Analysis

Commodore Realty believes that despite the growth in online retail, its portfolio of properties can weather the e-commerce storm.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Kevin McQuaid
  • July 21, 2017
Capstone Management buys former Andersen building

An affiliate of Capstone Management LLC has added a third Sarasota office building to its portfolio by acquiring a former Arthur Andersen building for $23.5 million, according to property records.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Kevin McQuaid
  • July 21, 2017
Towering Figure

100 North Tampa turns 25 years old this month, but it still looks like one of Tampa's freshest office offerings.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Kevin McQuaid
  • July 14, 2017
Green for Green

Atlantic American Partners has created a niche using a sophisticated fund model fueled by immigrant dollars to finance Gulf Coast real estate.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Kevin McQuaid
  • July 14, 2017
Sarasota parcel sells for $8.3 million

It took eight years of marketing, but Michael Saunders & Co. commercial agent Lee DeLieto Sr. has closed on the sale of an eight-acre tract in downtown Sarasota that was the city's most infamous casualty of the past decade's economic recession.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Kevin McQuaid
  • July 14, 2017
Sarasota native wins ICSC competition

Sarasota native and Wharton School of Business freshman Katherine G. Salvatori in May led a team that won an International Council of Shopping Centers' competition, the retail group says.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Kevin McQuaid
  • July 14, 2017
Naples Bay joins Preferred

The 131-unit Naples Bay Resort has become part of the world's largest independent hotel brand, joining a number of luxury properties throughout the Gulf Coast.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Kevin McQuaid
  • July 7, 2017
Dilweg gets discount on Osprey assets

Dilweg Cos. spent more than $135 million to acquire a portfolio of office buildings this spring from Osprey Real Estate and affiliates, but in at least two cases, the North Carolina-based investment firm negotiated significant discounts.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Kevin McQuaid
  • July 7, 2017
Generation Income buys first property

Generation Income Properties, a Tampa-based real estate investment trust that specializes in acquiring triple-net lease assets, has reached a milestone by closing on its first property.

  • Commercial Real Estate
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