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Commercial Real Estate

  • By Business Observer Staff
  • May 16, 2014
Brightwork Real Estate buys El Adobe Mexican restaurant

Tampa-based Brightwork Real Estate purchased the 6,082-square-foot El Adobe restaurant for $2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 9, 2014
Investors' Security Trust Co. moving to Summerlin office building

Fort Myers-based Investors' Security Trust Co. purchased an 11,940-square-foot office building near Summerlin Road for $1.43 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 9, 2014
Clearview Hotel Capital, William Harris buy Bilmar Beach Resort

Newport Beach, Calif.-based Clearview Hotel Capital LLC and Chicago-based William Harris Investors Inc. purchased the majority of the rooms, commercial units and all the amenities of the 165-room Bilmar Beach Resort for $16.4 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 9, 2014
Developer Mannausa transfers land to start The Jewel construction

Developer Thomas Mannausa has transferred the property at Main Street and Gulfstream Avenue in downtown Sarasota from one of his entities to a second entity he owns for $10 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 9, 2014
Florida Medical Clinic buys former Borders property

Florida Medical Clinic purchased a 22,585-square-foot former Borders bookstore building for $2.05 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 9, 2014
Jupiter's Redina Cos. buys former Bradenton Herald building

Jupiter-based Redina Cos. purchased the 88,398-square-foot former Bradenton Herald building for $3.36 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 9, 2014
Investment group buys Newport Square

Tampa attorney Albert Salem III is leading an investment group that purchased the 188-unit Newport Square apartment for $8.93 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 9, 2014
RCG Ventures buys Naples Towne Centre for $7.3 million

Atlanta-based RCG Ventures purchased the 134,707-square-foot Naples Towne Centre shopping center for $7.3 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 9, 2014
O'Brien Automotive of Florida buys Galloway Mazda, real estate

O'Brien Automotive of Florida purchased the business and real estate of the Galloway Mazda dealership from Galloway Auto. The real estate, which includes buildings for sales, services and detailing, on 4.57 acres on Colonial Boulevard that was sold for $1.4 million. An additional portion of the property was transferred in a quitclaim deed for $1.15 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 9, 2014
Lakeland's Highland Homes buys more lots in Palmetto Estates

Lakeland-based homebuilder Highland Homes purchased 40 lots in the Palmetto Estates community for $980,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 2, 2014
RMC Real Estate Services plans new Wawa station

RMC Real Estate Services purchased 1.74 acres at the northwest corner of State Road 301 and Gibsonton Drive for $2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 2, 2014
Illinois' GK Development buys two downtown commercial buildings

Barrington, Ill.-based GK Development Inc. purchased a two-story 7,040-square-foot retail building and the 3,720-square-foot Roth Cigar Factory building for $2.75 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 2, 2014
Pinnacle Development Group buys 44 acres on Metro Parkway

Pinnacle Development Group LLC purchased 43.9 acres fronting Plantation Road for $2.2 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 2, 2014
Real Capital Solutions buys Plaza at Island Pass

Louisville, Colo.-based Real Capital Solutions purchased the 40,376-square-foot Plaza at Island Pass retail center for $5.12 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 2, 2014
Nokomis investors buy North Port Place

Investors David and Susan Macrae purchased the 19,360-square-foot North Port Place for $2.8 million.

  • Manatee-Sarasota
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