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Commercial Real Estate

  • By Business Observer Staff
  • May 30, 2014
Lee Memorial Hospital buys I-75 land for future expansion

Lee Memorial Hospital Inc. purchased about 14 acres of vacant land east of Ortiz Avenue and west of Scofield Street for $1.4 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 23, 2014
Oak Creek investors buy Garden Isles Apartments

A Los Angeles area investor group, led by Chaim Freeman of B.F. Management, purchased the 300-unit Garden Isles Apartments for $12.36 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 23, 2014
B&L Investments buys Interstate Corporate Center

An affiliate of Tampa-based investment firm B&L Investments LLC purchased the 344,896-square-foot Interstate Corporate Center for $27.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 23, 2014
Brooklyn's Read Property Group buys Belmont Park apartments

Brooklyn, N.Y.-based Read Property Group LLC purchased the 234-unit Belmont Park apartments for $9.36 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 23, 2014
Shapiro Insurance Group buys Barton Insurance buildings

An affiliate of Jacksonville-based Shapiro Insurance Group purchased an 8,778-square-foot multitenant office building on Cape Coral Parkway for $1.07 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 23, 2014
Eaton Corp. sells manufacturing building, business line to Safran

French aerospace and defense technology company Safran purchased a 134,221-square-foot manufacturing building from Eaton Corp. for $4.15 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 23, 2014
Formation Capital, NorthStar Realty joint venture buys senior-housing facilities

Alpharetta, Ga.-based Formation Capital LLC sold six Gulf Coast healthcare and rehabilitation facilities to a joint venture for $85.49 million. Formation Capital joined with New York City-based commercial real estate investment and asset management company NorthStar Realty Finance Corp. to take over ownership of the properties.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 23, 2014
DRW Real Estate Investments buys, renovating Windermere Apartments

Chicago-based DRW Real Estate Investments LLC purchased the 180-unit Windermere Apartments on Main Street for $10 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 23, 2014
Solaris building traded in sale, lease-back deal

A Minnesota investor purchased a 10,412-square-foot office building in the Colonnade Medical Park for $2.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 22, 2014
Fort Myers living trusts buy Charlotte Harbor Apartments

The Donald J. Rechtzigel Irrevocable Trust and Donald J. and Jayne L. Rechtzigel Living Trust of Fort Myers purchased the 24-unit Charlotte Harbor Apartments for $1.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 16, 2014
Chinese investment group new landlord for Education Symposia building

An investment group from Shanghai, China, purchased a 12,196-square-foot single-tenant office building for $2.18 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 16, 2014
Group of Los Angeles investors buys Apartments at Oak Creek

A Los Angeles area investor group, led by Chaim Freeman of B.F. Management, purchased the 184-unit Apartments at Oak Creek in Clearwater for $13.4 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 16, 2014
Bradenton investment group buys land for senior housing

An investment group led by Steven Pimlott, a Realtor with Horizon Realty International, purchased 34.31 acres on the north side of State Road 70 east of Interstate 75 for $1.6 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 16, 2014
California financial group, partner buy Bell Boulevard Mine for $6.7 million

Newport Beach, Calif.-based Sabal Financial Group LP and a related company operating Pine Holdco LLC purchased the 554.33-acre Bell Boulevard Mine for $6.7 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 16, 2014
Publix Super Markets buys Shoppes of Pelican Landing

Lakeland-based Publix Super Markets Inc. purchased the 81,312-square-foot Shoppes of Pelican Landing retail center for $12.59 million.

  • Commercial Real Estate
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