Commercial Real Estate

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By Business Observer Staff
August 1, 2014

Bainbridge buys Falkenburg land, starts apartment development

An affiliate of The Bainbridge Cos. purchased an 18-acre piece of vacant commercial land at the southwest corner of Interstate 75 and the Lee Roy Selmon Expressway for $7.3 million.

Charlotte–Lee–Collier

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By Business Observer Staff
August 1, 2014

Jerry Ulm Dodge buys Crazy Buffet restaurant

Tampa auto dealership Jerry Ulm Dodge Chrysler Jeep purchased the nearby 11,937-square-foot former Crazy Buffet restaurant for $3.25 million.

Tampa Bay-Lakeland

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By Business Observer Staff
August 1, 2014

MVP Holdings buys closed restaurant to create future Fort Myers PDQ

Tampa-based MVP Holdings purchased a 5,244-square-foot former Steak and Ale restaurant for $1.33 million.

Charlotte–Lee–Collier

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By Business Observer Staff
August 1, 2014

Northland Investment Corp. buys Bay Breeze apartments

Newton, Mass.-based real estate investment company Northland Investment Corp. purchased the 180-unit Bay Breeze apartments for $24.15 million.

Commercial Real Estate

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By Business Observer Staff
July 25, 2014

Washington state investors buy Rainbow Rock Mobile Home Park

David Knecht and Darcel Shurin of Kirkland, Wash., purchased the Rainbow Rock Mobile Home Park for $1.28 million.

Tampa Bay-Lakeland

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By Business Observer Staff
July 25, 2014

Investment Group buys Charlotte land for 400-lot residential development

An investment group led by Charlotte County developer/homebuilder Ron Greenland purchased 169.5 acres of vacant land east and north of Placida Road for $2.55 million.

Charlotte–Lee–Collier

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By Jean Gruss
July 25, 2014

Trades are Back

Warehouses and other industrial buildings are filling up with construction trades as homebuilding recovers in the Fort Myers and Naples areas.

Charlotte–Lee–Collier

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By Business Observer Staff
July 25, 2014

TGM Associates buys, renames Turnbury Park At Palm Aire

New York City-based real estate investment advisory firm TGM Associates purchased the 286-unit Turnbury Park At Palm Aire apartments for $45.15 million.

Tampa Bay-Lakeland

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By Business Observer Staff
July 25, 2014

Ronto Group, partners buy second part of Orange Blossom Ranch, Groves

The Ronto Group and other equity partners, including Boston-based Rockpoint Group LLC, have closed on the second portion of the partially developed Orange Blossom Ranch and Orange Blossom Groves communities. The buyers purchased the 186 acres of agricultural land for $11.15 million.