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Commercial Real Estate

  • By Business Observer Staff
  • January 6, 2012
Medallion Home buys land in Heritage Harbour

Affiliates of Bradenton-based homebuilder Medallion Home purchased 289 undeveloped acres of the Heritage Harbour community for $4.7 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • January 6, 2012
EastGroup buys Prologis portfolio, is Tampa's largest industrial owner

Jackson, Miss.-based EastGroup Properties purchased an industrial portfolio of 16 buildings in Tampa from Prologis.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • January 6, 2012
Garden Street Iron & Metal expanding to Exchange Avenue

Garden Street Iron & Metal Inc. purchased a lumber yard on Exchange Avenue for $2.3 million. The price equated to $50 per square foot.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • January 6, 2012
Three Developments to Watch in 2012

A list of three developments that will significantly impact the local economy in the coming year.

  • Commercial Real Estate
  • By Jean Gruss
  • January 1, 2012
Taking Ownership

Lee & Associates opened its first Florida office in Fort Myers, providing opportunities for successful commercial real estate brokers to share in the profits and growth of the company.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 30, 2011
Circle at Crosstown sells for $35.25 million

Atlanta-based JMG Realty Inc. and Birmingham, Ala.-based HighPoint Holdings LLC have partnered to purchase the 300-unit Circle at Crosstown in Tampa for $35.25 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 30, 2011
Thuzi owners buy building, moving company to Gunn Highway

The owners of Tampa-based Thuzi LLC purchased a 13,800-square-foot former day care building for $1 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 30, 2011
Investors buy bank-owned Lehigh Acres retail center

A group of private investors managed by Richard Applegate of Boca Raton purchased the 29,812-square-foot Lee West Center retail and office development for $1.65 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 30, 2011
Massachusetts developer Franchi buys half-built Island Pines

Natick, Mass. developer Pasquale Franchi purchased the former Island Pines development on the corner of Pine Island Road and Hancock Creek South for $5.2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 30, 2011
Teitelbaum, partners buy Tropic Isle resort

Bradenton Beach developer and resort operator David Teitelbaum and his partners purchased the 15-unit Tropic Isle Beach Resort for $1.14 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 30, 2011
Wal-Mart buys Winn-Dixie on North Trail for new store

After months of planning work, retail giant Wal-Mart Stores Inc. purchased the 39,961-square-foot former Winn-Dixie grocery store on U.S. 41 for $2.65 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 30, 2011
Former equities trader buys Rosa Del Mar site

Bradenton investor Steven Hanson purchased the 0.93-acre Rosa Del Mar development site on Anna Maria Island for $2.64 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 30, 2011
Central Line Properties LLC buys Colonial Plaza, land

A company owned by Royal Shell Real Estate broker Don DeLuca purchased the 11,148-square-foot Colonial Plaza retail strip center and additional land for $1.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 30, 2011
Robbins Property Associates buys Isles of Gateway

Newton, Mass.-based Robbins Property Associates purchased the 212-unit Isles of Gateway apartment complex for $16.82 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 16, 2011
Brightwork Real Estate buys two Dale Mabry restaurant buildings

Tampa-based Brightwork Real Estate Inc. purchased a 5,294-square-foot Giordano's of Tampa restaurant, an adjacent 6,190-square-foot former IHOP restaurant building, and two parking lots for $2.67 million.

  • Tampa Bay-Lakeland
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