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Commercial Real Estate

  • By Business Observer Staff
  • August 22, 2014
American Realty Capital Properties buys six Gulf Coast Red Lobster restaurants

American Realty Capital Properties Inc. purchased six Gulf Coast-area Red Lobsters restaurants as part of a larger acquisition of the seafood restaurant's sites nationwide.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 22, 2014
Louisiana's Level Homes planning west of Trail subdivision

Baton Rouge, La.-based Level Homes transferred 23 lots to another entity it owns for $4.1 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 22, 2014
Willner Realty & Development buys Lincoln Shores apartments

Willner Realty & Development Co. purchased the real estate, furnishings and business operations of the 631-unit Lincoln Shores apartments for $53 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 22, 2014
Realco Capital Partners buys College Court, Campus Club

Realco Capital Partners LLC has entered the University of South Florida student housing market. The Stamford, Conn.-based investment and development firm purchased the 92-unit College Court for $11.8 million and the 64-unit Campus Club for $10.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 22, 2014
Meridian Development, Blue Vista buy, redeveloping Premier Corporate Center

A joint venture of Tampa-based Meridian Development Group and Chicago's Blue Vista Capital Management purchased the 145,957-square-foot Premier Corporate Center for $8.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 22, 2014
New Hampshire company buys Nokomis office building

Lowell Terrace Associates, a New Hampshire company, purchased a 10,219-square-foot office building for $1.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 22, 2014
Steelbridge Capital buys Naples' SunTrust Bank Building

Chicago-based Steelbridge Capital LLC purchased the 68,487-square-foot SunTrust Bank Building on U.S. 41 for $12.6 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 15, 2014
Unicorp National Development buys River Club Plaza buildings

Orlando-based Unicorp National Development purchased a portion of River Club Plaza for $7.35 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 15, 2014
Publix Super Markets buys Merchants Crossing

Lakeland-based grocery group Publix Super Markets Inc. purchased the 213,739-square-foot Merchants Crossing shopping center for $17.9 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 15, 2014
New York brothers buy Neapolitan Car Wash

Two brothers from the New York City area purchased the business and real estate of Neapolitan Car Wash. They purchased the 8,000-square-foot facility for $4.02 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 15, 2014
Investors buy East Bay Junction center, plan to reposition it around Youfit

Investors Bernard Hutman of New York City and Herbert and Michael Hutman of Miami Beach purchased the 56,668-square-foot East Bay Junction Shopping Center in Largo for $1.8 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 15, 2014
Investors Gibson family buy Sarasota Industrial Park building

Raymond Gibson, individually and as trustee of the Raymond H. Gibson Trust, purchased a 36,335-square-foot building in Sarasota Industrial Park for $1.08 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 15, 2014
Richman Group of Florida plans Tampa apartment project

The Richman Group of Florida Inc. purchased 3.91 acres of commercial parking space just north of the Lee Roy Selmon Expressway for $11.26 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 8, 2014
Lutgert Cos. buys 11 acres for new Mercato residences

The Lutgert Cos. purchased 11.25 acres of vacant residential land in North Naples for $13.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 8, 2014
San Diego's Pacifica Cos. buys Bayou Crossing Apartments

San Diego-based real estate firm Pacifica Cos. purchased the 290-unit Bayou Crossing Apartments for $11.5 million.

  • Tampa Bay-Lakeland
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