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Commercial Real Estate

  • By Business Observer Staff
  • November 7, 2014
Sarasota DeSears building becoming future Ashley HomeStore

Ashley Furniture Industries Inc. purchased a 47,329-square-foot DeSears Appliance, Furniture & Mattress store building for $4.4 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 7, 2014
Brightwork Real Estate buys Pine Ridge Checkers parcel

Tampa-based developer Brightwork Real Estate Inc. purchased a 0.58-acre former Checkers drive-in restaurant commercial lot for $1.4 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 7, 2014
Pine Tree Commercial Realty, partner buy South Pasadena Shopping Center

A joint venture of Northbrook-based Pine Tree Commercial Realty LLC and Chicago's Walton Street Capital purchased the 165,886-square-foot South Pasadena Shopping Center for $21.1 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 7, 2014
Investors, Australian trust buy Whitfield Industrial building

An investment group, led by Aran Dunlop, owner of Fort Myers-based Dunlop Capital LLC, purchased the 30,000-square-foot Luber Building for $950,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 7, 2014
DRA Advisors company buys Springs Plaza center

An affiliate of New York City investment adviser DRA Advisors LLC purchased the 199,922-square-foot Springs Plaza shopping center for $23.7 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 31, 2014
SugarOak Holdings buys Wildewood Professional Center

Herndon, Va.-based SugarOak Holdings Inc. purchased the 11 buildings comprising Wildewood Professional Center for $3.35 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 31, 2014
Sausalito, Calif., couple buys Palmetto CVS building

A company, led by Bharat and Achala Gupta of Sausalito, Calif., purchased a 10,908-square-foot drug store for $3 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 31, 2014
Pinnacle Development Group, N.Y. partner buy Savanna Lakes land

Weston-based Pinnacle Development Group LLC and a New York City private equity partner purchased 375 acres for $1.53 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 31, 2014
Fort Myers developers buy restaurants to build 10 waterfront homes

Terry Persaud and his business partner developer/real estate agent Joe Orlandini purchased 3.49 acres of beachfront property for $8 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 31, 2014
Amera Corp., Barron Real Estate planning Restaurant Row Naples

An affiliate of Amera-Barron, a venture of Coral Springs-based Amera Corp. and Fort Lauderdale-based Barron Real Estate Inc., purchased 4.53 acres of vacant commercial land for $2.6 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 31, 2014
Tampa's Arcis Investments buys New York Life Insurance building

Tampa-based private equity investor Arcis Investments Inc. purchased a 21,595-square-foot office building in the Westshore Central Business District for $2.23 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 31, 2014
UBS Realty Investors affiliate pays $111.5 million for Crescent Bayshore

An affiliate of UBS Realty Investors LLC purchased the recently completed 367-unit Crescent Bayshore apartment community for $111.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 31, 2014
Bradenton's Mermaid Manor mobile home park sells for $2.1 million

A company led by Wisconsin attorney Michael Hickmann and a separate company led by Cindy McFerrin, a Realtor with Future Home Realty, purchased the 80-lot Mermaid Manor mobile home park for $2.1 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 31, 2014
Healthcare Trust of America buys Trilogy Center II medical building

Healthcare Trust of America Inc. purchased the two-story Trilogy Center II medical office and ambulatory surgical center for $17.3 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 24, 2014
California REIT buys two Tampa area assisted-living facilities

Sabra Health Care REIT Inc. purchased two Gulf Coast assisted-living facilities for $21.3 million. The Irvine, Calif.-based real estate investment trust purchased the 86-bed Delaney Creek Lodge in Brandon for $11.12 million and 85-bed West Winds Assisted Living Facility in Zephyrhills for $10.22 million.

  • Commercial Real Estate
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