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Commercial Real Estate

  • By Jean Gruss
  • February 27, 2015
Good assist

Omega Communities plans to build as many as a dozen assisted-living communities from Tampa and Orlando to Naples by using creative financing and operational strategies.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 27, 2015
Arkansas attorney-led company buys TerraCap's Bonita Springs building

A company led by Russellville, Ark., attorney Patricia Henry purchased an 11,062-square-foot Coconut Office Center office building for $1.44 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 27, 2015
Devonshire REIT buys Twelve Oaks Shopping Center

Devonshire REIT Inc., a Whitehouse, Ohio-based private real estate investment trust, purchased the Twelve Oaks Shopping Center for $10.8 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • February 27, 2015
Lender Elliott Management takes ownership of Carlyle at Waters

Elliott Management Corp. acquired the 392-unit Carlyle at Waters apartment complex in exchange for $26.19 million in mortgage debit.

  • Tampa Bay-Lakeland
  • By Jean Gruss
  • February 27, 2015
The next generation

The hot North Naples residential market will see a $1.3 billion condo development called Kalea Bay. There's been no new condo construction in the area for years.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 27, 2015
Fort Lauderdale developer buys land for Estero Oaks apartments

Fort Lauderdale-based Royal Palm Cos. purchased 18.14 acres in the Estero Oaks mixed-use community for $3.4 million.

  • Charlotte–Lee–Collier
  • By Michael Hinman
  • February 27, 2015
The future's past

Adaptive reuse is not just a real estate novelty. It could be a huge sign of what's to come.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • February 20, 2015
Landes Fairmount's Alexander Fund I buys CVS Pharmacy

The Landes Fairmount investment fund Alexander Fund I purchased a 13,050-square-foot drug store for $5.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • February 20, 2015
State, Trust for Public land buy 669-acre Bond Ranch

The Trust for Public Land purchased the 669-acre Bond Ranch adjacent to the Charlotte County Correctional Institution and Interstate 75 for $3.15 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 20, 2015
Polk County: Publix Super Markets buys land under Wells Fargo building

Lakeland-based grocer Publix Super Markets purchased a 1.01-acre parcel housing a 3,950-square-foot bank building for $1.89 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 20, 2015
Paradise Communities buys Two Rivers Mobile Home Park

Scottsdale, Ariz.-based Paradise Communities purchased the 112-lot Two Rivers Mobile Home Park and a 13-unit apartment complex for $6.3 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • February 20, 2015
Foreign investment group buys Palmetto's Oakwood Village

A foreign investor group led by Manuel Rebecchi of Sarasota purchased the 120-unit Oakwood Village apartments for $3 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • February 20, 2015
The Arden Group buys InterContinental Tampa Hotel

Three entities related to Philadelphia's The Arden Group Inc. purchased the 323-room InterContinental Tampa Hotel in Westshore for $40.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • February 20, 2015
DDA Development buys Salvador development site

DDA Development purchased nearly an acre of land west of The Dali Museum and the Mahaffey Theater in downtown St. Petersburg for $3.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • February 20, 2015
California 1031 exchange buyer acquires Pinegate Plaza

Pinegate Naples LLC, an undisclosed buyer represented by California attorney C. Anthony Phillips, purchased the 25,998-square-foot Pinegate Plaza for $1.9 million.

  • Charlotte–Lee–Collier
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