Commercial Real Estate

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By Business Observer Staff
May 30, 2014

Minnesota's Cortec Corp.opening plant in Sarasota

A company led by Boris Miksic, president and CEO of St. Paul, Minn.-based specialty chemical company Cortec Corp., purchased a 33,335-square-foot manufacturing facility in Parkland Centre for $1.4 million.

Tampa Bay-Lakeland

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By Business Observer Staff
May 30, 2014

Laramar Group, Lubert-Adler buy South Tampa's The Cove

Chicago's The Laramar Group and Philadelphia-based real estate investment company Lubert-Adler Partners LP purchased the 689-unit The Cove apartments for $53.03 million.

Tampa Bay-Lakeland

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By Business Observer Staff
May 30, 2014

Tampa's Metis Property Group buys Oakwood Village Apartments

Metis Property Group purchased the 120-unit Oakwood Village Apartments in Palmetto for $1.2 million.

Tampa Bay-Lakeland

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By Business Observer Staff
May 30, 2014

Metis Property Group buys Oak Haven Apartments

Tampa's Metis Property Group purchased the 160-unit Oak Haven Apartments for $5.3 million.

Commercial Real Estate

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By Business Observer Staff
May 30, 2014

Carroll Organization, AIMS Real Estate pay $122.5M for West Park Village

A joint venture of Atlanta-based Carroll Organization and AIMS Real Estate, a business unit within Goldman Sachs Asset Management, purchased the mixed-use West Park Village for $122.5 million.

Tampa Bay-Lakeland

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By Business Observer Staff
May 30, 2014

Tampa urologist buys building, plans cancer treatment center

Tampa urologist Dr. Malcolm Root of Florida Urology Partners LLP purchased a 4,416-square-foot medical office building for $1.3 million.

Tampa Bay-Lakeland

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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

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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

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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

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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

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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

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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

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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.