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Commercial Real Estate

  • By Business Observer Staff
  • March 13, 2015
Phillips Edison REIT buys Oakhurst Plaza

Phillips Edison Grocery Center REIT II Inc. purchased the 51,502-square-foot retail real estate of Oakhurst Plaza for $6.18 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 13, 2015
Insula Cos. buys, plans upgrades to Rivermill, Village Square apartments

Sarasota-based Insula Cos. purchased the 136-unit Rivermill Apartments in Hudson and 92-unit Village Square Apartments in Port Richey for a combined $9.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 13, 2015
Brightwork Real Estate applies for U.S. 41, Jasmine retail building

Tampa-based Brightwork Real Estate Inc. has applied for a site plan to create a new retail building next to the Leedom Building at 3700 S. Tamiami Trail, Sarasota.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 13, 2015
Manasota Pallets owner buys three Porter Road buildings

The owner of Sarasota-based Manasota Pallets Inc., Brian Sehlke, purchased three industrial buildings, with 51,584 square feet of total space, for $2.4 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 13, 2015
Budget Self Storage plans U.S. 41 development

Sarasota-based Budget Self Storage purchased a 9,163-square-foot retail strip center and an adjacent 16,000-square-foot residential vacant lot for $1.9 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 13, 2015
Radco Cos. buys Bay Park for $29.85 million

Atlanta-based The Radco Cos. purchased the 228-unit Bay Park Apartments for $29.85 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 6, 2015
South Dakota family buys Ridge Gardens apartments

Three trusts controlled by the Owen family and Gary and Linda Owen of Watertown, S.D., purchased the 48-unit Ridge Gardens apartments for $2.62 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 6, 2015
Phoenix Realty Group buys University Club Apartments

New York City-based Phoenix Realty Group LLC purchased the 536-unit University Club Apartments for $21.8 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 6, 2015
Catholic Charities Family Resource Center moving to former social security office building

Catholic Charities Diocese of Venice Inc. purchased a 10,240-square-foot office building for $1.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 6, 2015
Guatemalan politician buys Burgundy Square apartments, retail

Guatemalan businessman and former politician Harold Caballeros purchased the 45,380-square-foot Burgundy Square apartments and retail space for $7.9 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 6, 2015
Parkland couple pays $17M, buys Tampa BJ's Wholesale Club

Real estate investors Kim and Steven Fields of Parkland purchased a 119,884-square-foot BJ's Wholesale Club for $16.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 6, 2015
Encore Hospitality regains Westshore Tampa Hampton Inn

Encore Hospitality LLC, a subsidiary of Encore Enterprises Inc., purchased the 132-unit Westshore Tampa Hampton Inn for $12 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 6, 2015
Polk County: Lakeland's Century Retail buys Havendale Square shopping center

Lakeland-based Century Retail purchased the 69,050-square-foot Havendale Square shopping center for $3.33 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 6, 2015
San Antonio group buys new Fort Myers Wawa

A company led by Gil Atzmon, chairman of Zazu Metels Corp. in San Antonio, purchased an approximate 6,000-square-foot new Wawa store for $5.15 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 6, 2015
Investor group buys Cape Town Apartments

Dieci 10th Street Properties LLC, a group that includes a mixture of local and foreign investors, purchased the 16-unit Cape Town Apartments for $1.65 million.

  • Commercial Real Estate
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