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Commercial Real Estate

  • By Business Observer Staff
  • August 29, 2014
Pinnacle Development Group, partner invest in Veronica Shoemaker land

Weston-based Pinnacle Development Group LLC and a New York City privately held equity partner purchased 19.55 acres of vacant land for $1.05 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 29, 2014
Avanath Capital Management fund buys Ospreys Landing Apartments

An investment fund managed by Irvine, Calif.-based Avanath Capital Management purchased the 176-unit Ospreys Landing Apartments for $13.05 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 29, 2014
Trust buys Dollar General in 1031 tax exchange

A trust led by Michael Sedita of North Port purchased a 12,000-square-foot Dollar General store for $2.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Tampa Pines apartments sale price doubles in year

A local investor with European backers purchased the 32-unit Tampa Pines apartment for $1.06 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 29, 2014
Meritage Homes plans 475-home community

National builder Meritage Homes is moving forward with plans to create a 475-home community in Lakewood Ranch.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Kolter Group closes on St. Pete parcel for future mixed-use project

West Palm Beach's The Kolter Group has purchased a 41,000-square-foot office building across from the Hampton Inn & Suites St. Petersburg/Downtown for $17.25 million.

  • Commercial Real Estate
  • By Traci McMillan Beach
  • August 29, 2014
New Downtown

Fifth Third Center in downtown Tampa recently sold for $47 million. CBRE's Anne-Marie Ayers says the sale is the start of a spike in demand for downtown real estate.

  • Tampa Bay-Lakeland
  • By Mark Gordon
  • August 29, 2014
A Wise Move

A longtime florist raises his ante in the event planning business. He has good vibes about the high-cost project.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Om Ventures buys Shoppes of North Port

A joint venture of a Jupiter's 4272081 Canada Inc. and Stalworth Management LLC of Deerfield Beach purchased the 84,705-square-foot Shoppes of North Port from Equity One for $7 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Bay Pointe Apartments sells for $18 million

A company managed by David Greider of Tampa purchased the 417-unit Bay Pointe Apartments in Largo for $18 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 22, 2014
Pittsburgh's ECHO Realty buys Publix-anchored Paradise Plaza

Pittsburgh-based ECHO Realty LP purchased the 139,000-square-foot Paradise Plaza for $26.72 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 22, 2014
MacDaddy's building sells, buyers planning redevelopment

LandQwest Commercial partner Rokki Rogan and John and Jeff Stultz of the Fort Myers general contractor Stultz Inc. purchased a 5,796-square-foot MacDaddy's sports restaurant building for $1.2 million.

  • Charlotte–Lee–Collier
  • 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
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