Commercial Real Estate

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

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

For Subscribers Only

By Business Observer Staff
February 4, 2012

Naples' Uptown Center sells for $7.7 million

Naples-based Halstatt Real Estate Partners purchased the 74,000-square-foot Uptown Center retail neighborhood center for $7.7 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
February 4, 2012

Sarasota investor Fox buys former U.S. 41 Concession office

Sarasota resident and clothing retailer Michael Fox purchased the 3,580-square-foot building best known as the former Concession sales office on U.S. 41 for $1 million.

Manatee-Sarasota

For Subscribers Only

By Business Observer Staff
February 3, 2012

Investors buy Bay View Plaza for $4.36 million

Tampa investors Sam and Laurice Hachem have expanded their holdings yet again. The couple purchased the 78,781-square-foot Bay View Plaza shopping center for $4.36 million.