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Commercial Real Estate

  • By Business Observer Staff
  • January 27, 2012
Juma Management Corp. buys Daniels building

Juma Management Corp. of Millwood, N.Y., purchased a 1,752-square-foot former Starbucks retail building for $1.1 million. The price equated to $628 per square foot.

  • Commercial Real Estate
  • By Business Observer Staff
  • January 27, 2012
The Pointe sells for $186 per square foot

Jackson, Miss.-based Parkway Properties Inc. purchased the 252,000-square-foot The Pointe office building in Westshore for $46.89 million.

  • Tampa Bay-Lakeland
  • By Kurt Schultheis
  • January 27, 2012
Sarasota mulls two proposals for hotels

Two companies are proposing contrasting hotel concepts and financing options to the City of Sarasota for the downtown Palm Avenue hotel site.

  • Manatee-Sarasota
  • By Business Observer Staff
  • January 27, 2012
Florida DOT widening State Road 64

The Florida Department of Transportation is readying to start improvements to State Road 64 in eastern Manatee County.

  • Manatee-Sarasota
  • By Business Observer Staff
  • January 27, 2012
Devonshire Park land sells for $8 million less

An affiliate of Sarasota-based Woodmere Capital Group purchased the vacant Devonshire Park property in downtown Sarasota along with its development approvals for $995,000.

  • Manatee-Sarasota
  • By Jean Gruss
  • January 27, 2012
Ship Sails Itself

The Ship on U.S. 41 in Bonita Springs has been a landmark for nearly two decades in various incarnations, including a steak house and a bingo hall. What will it become?

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • January 20, 2012
Atlanta retail investor buys The Shoppes at The Royale

Atlanta-based Halpern Enterprises Inc. purchased the 46,020-square-foot The Shoppes at The Royale retail center for $7.55 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • January 20, 2012
Lee Roy Selmon's buys building for Brandon restaurant

MVP Holdings, the company behind the Lee Roy Selmon's restaurant chain, purchased a 5,969-square-foot former Giordano's Italian restaurant building in Brandon for $1.65 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • January 20, 2012
Isram Group of Cos. buys Largo's Monterey Lakes

The Isram Group of Cos. purchased the 324-unit Monterey Lakes apartments in Largo for $23.63 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • January 20, 2012
Florida Leather Gallery moving, growing

Stewart's Sleep Center Inc., the parent company of Fort Myers-based Matter Brothers Furniture and Clearwater-based Florida Leather Gallery, purchased the 19,344-square-foot former Bacon's Furniture & Outdoor retail building for $2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • January 20, 2012
Bayside Pet Resort & Spa buys U.S. 41 bowling alley

Bayside Pet Resort & Spa Inc. purchased the 22,000-square-foot former Rip Van Winkle Lanes bowling alley on U.S. 41 for $2.6 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • January 20, 2012
Texas' Archon Group buys Forum building, land

Irving, Texas-based investment management firm Archon Group LP purchased a 60,633-square-foot office building in Forum Corporate Park and an adjacent 5.78 acres of vacant land for $11.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • January 20, 2012
Naples investor group buys two Tamiami buildings

Naples Private Financial Group LLC, an investment group managed by Bonnie Inman, purchased the former Robb & Stucky Patio Store and a second building on Tamiami Trail for $1.68 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • January 20, 2012
Sarasota's Vanguard Land buys University Grove property

Sarasota-based residential investment group Vanguard Land LLC purchased 13.8 acres of vacant land north of University Parkway and west of Tuttle Avenue for $1.55 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • January 13, 2012
Robb & Stucky buys land, plans new store

Robb & Stucky International purchased a 2.3-acre site along Tamiami Trail and near the prominent retail corridor Fifth Avenue for $3.8 million.

  • Charlotte–Lee–Collier
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