Commercial Real Estate

By Business Observer Staff
September 30, 2011

Uncertain Diagnosis

Medical office space has suffered along with the remainder of office space, but hospital-located and other high-class properties tend to remain strong.

Charlotte–Lee–Collier

By Business Observer Staff
September 23, 2011

Blue Rock, Konover South buy Marbrisa Apartments

A joint venture of Tampa-based Blue Rock Partners LLC and Deerfield Beach-based Konover South LLC purchased the 224-unit Marbrisa Apartments in Carrollwood for $15.5 million.

Tampa Bay-Lakeland

By Business Observer Staff
September 23, 2011

Invenio Capital group buys Pearl Beach Inn

An investment group directed by the Bonita Springs-based private equity firm Invenio Capital LLC purchased the 13-room Pearl Beach Inn for $1.55 million.

Commercial Real Estate

By Business Observer Staff
September 23, 2011

Robb & Stucky nameholder buys retailer's Fort Myers store

Robb & Stucky International Inc. purchased the 76,783-square-foot Robb & Stucky store building in Fort Myers for $6.3 million.

Charlotte–Lee–Collier

By Business Observer Staff
September 23, 2011

Tampa Housing Authority, BOA start Ella at Encore

The Housing Authority of the City of Tampa has sold the first of 12 building pads in its Encore development in Tampa to a joint venture entity it shares with the Bank of America Community Development Corp. for $1.6 million.

Tampa Bay-Lakeland

By Business Observer Staff
September 23, 2011

Hillsborough Community College buys land for future expansion

Hillsborough Community College purchased 20 acres adjacent to the college's Southshore campus for $1.35 million.

Tampa Bay-Lakeland

By Business Observer Staff
September 23, 2011

North American Development buys land for Shoppes at Del Prado

Retail developer North American Development Group purchased 19.87 acres at the southeast corner of Del Prado Boulevard and Tamiami Trail from Paradise Ventures Inc. for $2.7 million.

Charlotte–Lee–Collier

By Business Observer Staff
September 23, 2011

Prudential companies buy three retail centers

A Prudential Property Investment Separate Account (PRISA) purchased three Publix-anchored Lee County shopping centers for a total of $26.9 million.

Charlotte–Lee–Collier

By Business Observer Staff
September 23, 2011

IberiaBank sues to foreclose on Longboat Chart House land

IberiaBank has filed a mortgage foreclosure claim against Core/PMG Longboat LLC, the Longboat Key Association Inc. and others over the Chart House Restaurant property.

Commercial Real Estate

By Business Observer Staff
September 23, 2011

Sarasota investment firm buys North Port's Emeralds Oaks

Sarasota real estate investment firm TTJ Investments LLC purchased 21 units in the 28-unit Emeralds Oaks condominium and additional land for $1.35 million.

Manatee-Sarasota

By Business Observer Staff
September 23, 2011

Central Park Realty buys Addison Apartments

Sarasota-based Central Park Realty Corp. purchased the 41-unit Addison Apartments for $2.3 million.

Commercial Real Estate

By Business Observer Staff
September 16, 2011

Regency Manor Apartments syndicated to foreign investors

The private Canadian-based investment group Southern Shores Enterprises sold the 60-unit Regency Manor Apartments community to Jacaranda Investments LLC for $970,000.