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Commercial Real Estate

  • By Business Observer Staff
  • September 5, 2014
BH Management, equity partner buy Sabal Park, Courtney Cove apartments

A joint venture of BH Management Services LLC and Highland Capital Management LP purchased the Sabal Park Apartments and Courtney Cove Apartments for a combined $38 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 5, 2014
Doctors Nanavati, Moorthy buy Sandalwood Square

Dr. Shardul Nanavati and Dr. Prathima Moorthy, the doctors behind the Advanced Gastroenterology of Naples PA and Pain Management Center of Naples PA, purchased the 19,668-square-foot Sandalwood Square office building for $2.74 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 5, 2014
Former Naples Daily News HQ sells, buyers planning 1075 Central project

Naples developer Jon Rubinton and an undisclosed partner purchased the 8.88-acre former Naples Daily News headquarters property for $8.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 5, 2014
Naples Redevelopment buys Summit Medical Building

Naples Redevelopment Inc. purchased the 10,559-square-foot Summit Medical Building for $1.9 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • September 5, 2014
Frontier Communities buys Bay Point Villas

Silver Spring, Md.-based Frontier Communities purchased the 136-unit Bay Point Villas Apartments, formerly known as the Pinellas Point Apartments, for $4.8 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • September 5, 2014
Neal Communities buys land for 400-home Indigo community

Neal Communities purchased 111 acres at the northeast corner of Central Park in Lakewood Ranch for $8.29 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Italians buy historic Pineapple building, plan new retail store

Buyers from Italy purchased a 2,324-square-foot historic retail building for $875,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 29, 2014
AutoWorks, MufflerWorks owner buys Naples Car Care Center

Antonio Cantisani, owner of AutoWorks and MufflerWorks, purchased the 10,840-square-foot Naples Car Care Center for $1.4 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 29, 2014
Pinnacle Development Group, partner invest in Veronica Shoemaker land

Weston-based Pinnacle Development Group LLC and a New York City privately held equity partner purchased 19.55 acres of vacant land for $1.05 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 29, 2014
Avanath Capital Management fund buys Ospreys Landing Apartments

An investment fund managed by Irvine, Calif.-based Avanath Capital Management purchased the 176-unit Ospreys Landing Apartments for $13.05 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 29, 2014
Trust buys Dollar General in 1031 tax exchange

A trust led by Michael Sedita of North Port purchased a 12,000-square-foot Dollar General store for $2.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Tampa Pines apartments sale price doubles in year

A local investor with European backers purchased the 32-unit Tampa Pines apartment for $1.06 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 29, 2014
Meritage Homes plans 475-home community

National builder Meritage Homes is moving forward with plans to create a 475-home community in Lakewood Ranch.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 29, 2014
Kolter Group closes on St. Pete parcel for future mixed-use project

West Palm Beach's The Kolter Group has purchased a 41,000-square-foot office building across from the Hampton Inn & Suites St. Petersburg/Downtown for $17.25 million.

  • Commercial Real Estate
  • By Traci McMillan Beach
  • August 29, 2014
New Downtown

Fifth Third Center in downtown Tampa recently sold for $47 million. CBRE's Anne-Marie Ayers says the sale is the start of a spike in demand for downtown real estate.

  • Tampa Bay-Lakeland
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