Commercial Real Estate

For Subscribers Only

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

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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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By Business Observer Staff
February 20, 2015

Israeli investor group buys Cedar Hollow Apartments

A Tel Aviv, Israel, investment firm led by Boaz and Osnat Harel purchased the 42-unit Cedar Hollow Apartments for $2.04 million.

Tampa Bay-Lakeland

For Subscribers Only

By Business Observer Staff
February 20, 2015

New York City's W.P. Carey fund buys, rebranding Fibber McGee's Closet

CPA: 18 Limited Partnership, an investment fund managed by W.P. Carey Inc., purchased the 179,791-square-foot Fibber McGee's Closet property for $16.43 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
February 13, 2015

Michigan real estate firm McKinley buys South Pasadena's Three Fountains

McKinley Inc. purchased the 59-unit Three Fountains apartments for $5.6 million.

Tampa Bay-Lakeland

For Subscribers Only

By Business Observer Staff
February 13, 2015

Nonprofit buys C.R.E.W. site, sells to state for environmental protection

The Trust for Public Land purchased 619.93 acres of land near the Bird Rookery Swamp for $9.77 million. The trust then immediately resold the former agricultural property to the state of Florida for the same price.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
February 13, 2015

TerraCap Investment firm buys Bradenton's Harbour Pointe

An investment firm of TerraCap Management LLC purchased the 234-unit Harbour Pointe of Bradenton Apartments for $21.12 million.

Manatee-Sarasota

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By Business Observer Staff
February 13, 2015

Tampa General, Florida Hospital partner on new Brandon Healthplex

Tampa General Hospital purchased 17.4 acres near the northwest corner of Interstate 75 and the Lee Roy Selmon Expressway for $5.8 million.

Charlotte–Lee–Collier

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By Business Observer Staff
February 13, 2015

Cortland Partners buys Camden Bayside, considering redevelopment

Atlanta multifamily company Cortland Partners purchased the 832-unit Camden Bayside apartments in South Tampa for $85.13 million.

Tampa Bay-Lakeland

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By Business Observer Staff
February 13, 2015

Pittman Group buys Amtel building to create Campo Felice

The Pittman Group purchased the real estate of the closed 417-room Amtel hotel building in downtown Fort Myers for $12.58 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
February 13, 2015

Seaward Development owner, partner developing South Palm Residences

Broker and developer Patrick DiPinto III purchased half an interest in a 27,079-square-foot parcel on Palm Avenue for $875,000.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
February 13, 2015

U.S. Tent Rental owners consolidating and expanding

The Boyle family, owners of U.S. Tent Rental Inc., purchased the 73,820-square-foot former Berry Plastics industrial building and an adjacent 16.85 acres for $2.45 million.