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Commercial Real Estate

  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • By Business Observer Staff
  • July 18, 2014
Stock Development buys 15 home lots in Baywoods

Naples-based developer and homebuilder Stock Development purchased 15 lots in the second phase of the Baywoods community of Bonita Bay for $8.78 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Jean Gruss
  • July 18, 2014
Hot Communities

Institutional investors are paying top dollar for manufactured-home communities, lured by high occupancies and steady income. Even private equity firms are looking at the hot sector.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Naples real estate investor buys Orange Pine Plaza center, Hess Express

Peter Gignac of Naples purchased the Orange Pine Plaza retail center and a 4,000-square-foot Hess Express convenience store for $4.5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Primerica-affiliated company buys Woods of Moccasin Wallow land

An investment company led by Richard Trzcinski of Tampa-based Primerica Group One Inc./ Primerica Developments Inc. purchased 200 acres at an I-75 interchange for $3.6 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Gainesville's Collier Cos. developing Sunset site

The Collier Cos. purchased the 100-unit Sunset Square Apartments for $6.4 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Suntex Ventures, Marinas buys Snook Bight Marina

Suntex Ventures and its subsidiary Suntex Marinas, a Dallas-based owner and operator of marina properties, purchased Snook Bight Marina on Estero Island for $5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Paradise Ventures redeveloping south Dale Mabry parcels

Paradise Ventures Inc. purchased the 25,080-square-foot South Dal Plaza retail center and an adjacent warehouse building and the former Estella's Mexican restaurant building for $3.5 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Taylor Morrison, Fiddler Creek partner on 1,000-home Oyster Harbor

Fiddler's Creek in Naples has announced it entered into a joint venture with national homebuilder Taylor Morrison Home Corp. for the development of the new 1,000-home residential community, Oyster Harbor.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Investor Sharon Carole buys Ceviche building

A company led by Sharon Carole purchased the 12,220-square-foot former Ceviche Tapas Bar & Restaurant building in downtown Sarasota for $2.1 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Two Naples doctors buy Pine Ridge medical office building

Dr. Diane Brzezinski, an internist with NCH Healthcare System, and Dr. Paul Gardner, a plastic surgeon with Gardner Plastic Surgery, purchased a 28,000-square-foot medical office building for $5.9 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
America II Electronics CEO invests in northern Manatee land

St. Petersburg entrepreneur and real estate investor Michael Galinski purchased 295.73 acres of grazing land in northern Manatee County for $2.64 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 11, 2014
Saglo Development Corp. buys Ruskin's Sun Point retail center

Commercial real estate developer Saglo Development Corp. purchased the 131,155-square-foot Sun Point retail center for $7.25 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • July 4, 2014
Snell Isle apartments sell for $32 million

Cleveland-based property management firm Burton Carol Management LLC purchased the 272-unit Snell Isle Luxury Waterfront Apartment Homes for $32 million.

  • Tampa Bay-Lakeland
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