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Commercial Real Estate

  • By Business Observer Staff
  • July 25, 2014
South America buyer acquires Lexington Court apartments

An investor from South America purchased the Lexington Court apartments for $1.3 million in cash.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 25, 2014
Gulf Coast Auto Brokers buys its Clark Road buildings

Gulf Coast Auto Brokers Inc. purchased two industrial buildings on Clark Road for $1.04 million.

  • Tampa Bay-Lakeland
  • By Mark Gordon
  • July 25, 2014
Bubble? What Bubble?

Signs of a commercial real estate recovery are sprinkled throughout the Gulf Coast. But the memory of the downturn lingers.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 25, 2014
Pembroke Pines investors buy Puritan Place apartments

Sam Jazayri and John Tavone of Pembroke Pines purchased the 232-unit Puritan Place apartments for $7.56 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 25, 2014
Nevada real estate investors buy medical imaging center unit

Steven and Melissa Benjamin of Gardnerville, Nev., purchased a 5,734-square-foot medical office condominium for $1.4 million.

  • Commercial Real Estate
  • By Jean Gruss
  • July 25, 2014
The Next Cycle

LandQwest Commercial made a timely move to distressed properties in 2008. Now, it's helping customers with property tax appraisals in the recovery.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 18, 2014
WCI Communities pays $32.5M for land near Calusa Pines Golf Club

Bonita Springs-based WCI Communities Inc. purchased about 205 acres adjacent to Calusa Pines Golf Club for $32.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • July 18, 2014
Miami real estate investors buy Cape Coral Dollar General

Barry and Sonia Hanna and Gina Bertematti of Miami purchased an 8,651-square-foot freestanding retail building for $2.18 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • July 18, 2014
Sarasota's Insula Cos. buys Park East Apartments

Insula Cos. purchased the 192-unit Park East Apartments for $12.4 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 18, 2014
WCI Communities buys 150 lots in Links at Rosedale

Bonita Springs-based developer and homebuilder WCI Communities purchased 150 home lots within Rosedale, a master-planned golf course community for $11.61 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • July 18, 2014
Massachusetts investor buys Venice Car Wash

Arlene Leakeas of Dracut, Mass. purchased the Venice Car Wash for $1.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • July 18, 2014
Kolter Group planning mixed-use along Central Avenue in St. Pete

The Kolter Group LLC has announced development plans for the downtown St. Petersburg block bordered by Central and First Avenue North and First and Second streets.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 18, 2014
Publix Super Markets buys Kingsway Crossing retail center

Publix Super Markets Inc. purchased the 63,779-square-foot Kingsway Crossing retail center north of State Road 60 for $8.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 18, 2014
Ohio's Health Care REIT buys two Pinnacle Medical Group buildings

The large real estate investment trust Health Care REIT purchased the two Pinnacle Medical Group buildings in Manatee County from The Sanders Trust for $16.32 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • July 18, 2014
Atlanta's Cortland Partners pays $78M for Island Walk, Gallery at Bayport II, land

Cortland Partners purchased two waterfront apartment complexes and vacant land from UDR Inc. for a total of $78.43 million. The Atlanta-based multifamily company purchased the 400-unit Island Walk apartments for $50 million and 277 of the 320 condominium units in the Gallery at Bayport II for $28.43 million.

  • Tampa Bay-Lakeland
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