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Commercial Real Estate

  • By Business Observer Staff
  • February 17, 2012
Mirasol at Coconut Point sells for $5.5 million

A Miami-based real estate investment and management firm purchased most of the Mirasol at Coconut Point in Bonita Springs for $5.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 17, 2012
Rialto Fund buys Interstate Corporate Center

Rialto Real Estate Fund, an affiliate of Rialto Capital Management LLC, purchased the 344,896-square-foot Interstate Corporate Center for $17.25 million.

  • Tampa Bay-Lakeland
  • By Jean Gruss
  • February 16, 2012
The Cape is Back

Cape Coral suffered mightily during the housing crash, but Florida's second-largest city is seeing signs of a rebound.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 10, 2012
Publix Super Markets buys Brooker Creek Shopping Center

Lakeland-based grocery firm Publix Super Markets Inc. purchased the 77,596-square-foot Brooker Creek Shopping Center in Palm Harbor for $13.35 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • February 10, 2012
Florida Medical Clinic taking over former Borders

Land O'Lakes-based Florida Medical Clinic PA purchased the 30,000-square-foot former Borders Carrollwood store for $3.85 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 10, 2012
Ford Motor Credit building sells for $21.5M

CB Richard Ellis Realty Trust purchased the 123,408-square-foot Sabal Pavilion office building for $21.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 10, 2012
Casey Key property owner buys Wishing Well motel

A local Casey Key property owner, operating as On The Beach Casey Key LLC, purchased the 17-unit Wishing Well Beach To Bay Resort for $1.1 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 10, 2012
NYT sells Herald-Tribune properties

Halifax Media Group acquired two of the Sarasota Herald-Tribune's offices, and arranged for Dallas-based AIC Ventures to buy a third.

  • Manatee-Sarasota
  • By Business Observer Staff
  • February 10, 2012
R&D Cattle Co. buys Alva acreage

R&D Cattle Co. LLC purchased 450 acres of vacant land north of River Road, near the intersection of Elmwood Drive, for $1.2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 10, 2012
Fort Myers Preparatory & Fitness relocating to Robb & Stucky building

Fort Myers Preparatory & Fitness Academy plans to use a former Robb & Stucky warehouse and showroom as the new Fort Myers home for its charter school.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 10, 2012
Reliant Group investment fund buys Woodbury Apartments

CAP VI- Eden Pointe, an affiliated fund of The Reliant Group, purchased the 270-unit Woodbury Apartments in Bradenton for $11.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • February 10, 2012
German investor 1030 International buys Marco Island Walgreens

An undisclosed German investor, operating as 1030 International Speedway Boulevard Ltd., purchased a 14,467-square-foot Walgreens building on Marco Island for $5.7 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 4, 2012
Rocky Patel Premium Cigars buys industrial properties

Local cigar manufacturer Rocky Patel Premium Cigars Inc. purchased its two Bonita Springs flex buildings for $1.38 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • February 4, 2012
Avanti Properties Group fund buys defunct Artesia community

Avanti Strategic Land Investors, an institutional fund of Winter Park-based Avanti Properties Group, purchased 262 acres in the partially developed residential community of Artesia for a total of $5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • February 4, 2012
New York investors buy Cortez Apartments

New Rochelle, N.Y., apartment owners John and Michele Pugliese purchased the 84-unit Cortez Apartments for $4.6 million.

  • Charlotte–Lee–Collier
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