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Commercial Real Estate

  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Investment firm buys Venice Applebee's

A North Carolina investment firm, led by Ahtem Ozen, purchased a 5,106-square-foot Applebee's restaurant building in two transactions for a combined $3.15 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Sun Lake Apartments sell for $7.44 million

The private real estate investment firm Highgate Capital Group purchased the 88-unit Sun Lake Apartments for $7.44 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Barron Collier Cos., FoxRock buy Newgate Center for $8.75 million

The Barron Collier Cos. and Boston-based FoxRock Properties purchased the three-building Newgate Center office development for $18.75 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Crescent Communities starts building Crescent Westshore

Crescent Communities LLC has stated construction on Crescent Westshore, a 374-unit luxury apartment community on 5.3 acres in Tampa's Westshore area.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Coral Hospitality execs buy Fort Myers golf club

Some of the members of the Coral Hospitality executive team purchased the 128.76-acre Eagle Ridge Golf Club for $1.87 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Firkins Automotive Group buys Gettel's Pre-owned Supercenter

Bradenton-based Firkins Automotive Group purchased the Gettel Pre-owned Supercenter location on First Street for $1.5 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Manatee Fruit Co. transfers $40M in land

As part of its plan to create a master-planned, mixed-use community, farming company Manatee Fruit Co. transferred 1,640 acres in western Manatee County to three entities it owns for a total of $40.18 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Viera at Westchase apartments sell for $52.75M

Glendale, Colo.-based Forum Real Estate Group purchased the 330-unit Viera at Westchase apartments for $52.8 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 10, 2015
Northeast investors buy two Oldsmar hotels

Washington, D.C.-based private equity firm Excel Group and Connecticut investment management company Westport Capital Partners LLC purchased two Oldsmar hotels.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 3, 2015
Mallah's Equity Management Partners buys, renovating Boardwalk at Morris Bridge Road

Equity Management Partners Inc. purchased the 146-unit, 580-bed Boardwalk at Morris Bridge Road student housing development for $17.2 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 3, 2015
Berlin Patten Ebling buys Leedom Building, Brightwork acquires development site

Berlin Patten Ebling PLLC purchased the 14,458-square-foot Leedom Building on U.S. 41 for $2.93 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 3, 2015
Polk County: Phillips Edison Grocery REIT buys Lake Wales CVS Pharmacy building

The Phillips Edison Grocery Center REIT II Inc. purchased an 11,200-square-foot drugstore for $3.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 3, 2015
Arcis Investments buys, renovating Perry Paint building

Arcis Investments Inc. purchased the 35,235-square-foot former Perry Paint & Glass Building for $3.03 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 3, 2015
Manatee County commission backs buying Bright House, ABC Liquor buildings

Manatee County Commissioners unanimously approved purchasing two buildings that will be used by the Manatee Sheriff's Office and Manatee County Tax Collector's Office.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • April 3, 2015
Multi County: American Realty Capital Hospitality pays $77M for six Gulf Coast hotels

American Realty Capital Hospitality Trust Inc. purchased six Gulf Coast hotels for $77.45 million.

  • Tampa Bay-Lakeland
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