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Commercial Real Estate

  • By Business Observer Staff
  • September 12, 2014
Vengroff buys Sarasota Airport Hotel, converting to affordable apartment

Sarasota businessman Harvey Vengroff purchased the 117-unit Sarasota Airport Hotel for $2.25 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • September 12, 2014
New York state investor buys Cape Coral Apartments

Seaford, N.Y. investor Vincent DeCaprio purchased the 16-unit Cape Coral Apartments for $1.19 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 12, 2014
Canada's J.C. Group Inc. buys Firestone building

Kitchener, Ontario-based general contractor J.C. Group Inc. purchased a 5,645-square-foot auto repair shop for $1.05 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 12, 2014
Tampa nonprofit buys Southland Apartments

An unnamed nonprofit purchased the 48-unit Southland Apartments for $2.16 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 12, 2014
Ferguson Enterprises plans Sarasota plumbing supply location

Ferguson Enterprises Inc. purchased a 16,000-square-foot industrial building for $1.02 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 12, 2014
PDQ buys vacant lot for Gulf Coast Town Center restaurant

Tampa-based MVP Holdings purchased a 1.14-acre vacant commercial lot across Gulf Center Drive from Gulf Coast Town Center for $987,845.

  • Commercial Real Estate
  • By Business Observer Staff
  • September 12, 2014
Local investor group buys former Tech Data building

A local investment partnership led by John Gerlach, Colliers International's vice president of land and investment services, purchased the Bay Vista Pavilion for $7.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 12, 2014
Phillips Edison-ARC REIT buys Kings Crossing

Phillips Edison-ARC Grocery Center REIT II Inc. purchased the 75,020-square-foot Kings Crossing shopping center for $14 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 5, 2014
Ringling College of Art, Design buys Visionworks building

The Ringling College of Art and Design Inc. purchased a 7,100-square-foot retail building on U.S. 41 for $1.6 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 5, 2014
St. Stephen's Episcopal School buys adjacent office building

The St. Stephen's Episcopal School purchased a 7,320-square-foot office building for $850,000.

  • Manatee-Sarasota
  • By Business Observer Staff
  • September 5, 2014
BH Management, equity partner buy Sabal Park, Courtney Cove apartments

A joint venture of BH Management Services LLC and Highland Capital Management LP purchased the Sabal Park Apartments and Courtney Cove Apartments for a combined $38 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 5, 2014
Doctors Nanavati, Moorthy buy Sandalwood Square

Dr. Shardul Nanavati and Dr. Prathima Moorthy, the doctors behind the Advanced Gastroenterology of Naples PA and Pain Management Center of Naples PA, purchased the 19,668-square-foot Sandalwood Square office building for $2.74 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 5, 2014
Former Naples Daily News HQ sells, buyers planning 1075 Central project

Naples developer Jon Rubinton and an undisclosed partner purchased the 8.88-acre former Naples Daily News headquarters property for $8.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 5, 2014
Naples Redevelopment buys Summit Medical Building

Naples Redevelopment Inc. purchased the 10,559-square-foot Summit Medical Building for $1.9 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 5, 2014
Frontier Communities buys Bay Point Villas

Silver Spring, Md.-based Frontier Communities purchased the 136-unit Bay Point Villas Apartments, formerly known as the Pinellas Point Apartments, for $4.8 million.

  • Tampa Bay-Lakeland
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