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Commercial Real Estate

  • By Business Observer Staff
  • October 21, 2011
Pacifica Properties buys, renovating Edisto Lake

San Diego, Calif.-based Pacifica Properties purchased the 376-unit Edisto Lake Apartments for $7 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 21, 2011
Stoltz Real Estate Partners buys Broadway Promenade

Bala Cynwyd, Pa.-based Stoltz Real Estate Partners purchased the commercial portion of Broadway Promenade on the edge of downtown Sarasota for $8.15 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 21, 2011
Two investors buy Bellagio Shoppes

Edward Dublois of Manchester Center, Vt., and John Varela of Naples purchased the 9,203-square-foot Bellagio Shoppes retail strip center on Tamiami Trail for $1.65 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 21, 2011
Tampa investors buy Hillsborough Center

Tampa investors Sam and Laurice Hachem purchased the 77,400-square-foot mixed-used/retail building for $3 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 21, 2011
Bowland Centers group buys Friendship Lanes

The Bowland Centers group purchased the 28,288-square-foot Friendship Lanes property in Cape Coral, for $1.9 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 15, 2011
Corpmark USA owner buys Gantt Ave. building

Sarasota serial entrepreneur Manuel Rebecchi purchased an 8,775-square-foot industrial warehouse building on Gantt Avenue north of Palmer Boulevard for $324,000.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 15, 2011
Brandon's Chadwell Supply buys Westshore Glass building

Brandon-based Chadwell Supply Inc. purchased 167,316-square-foot former Westshore Glass warehouse building on Joanne Kearney Boulevard for $5.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 15, 2011
Weingarten Realty Investors developing new Whole Foods Market

Weingarten Realty Investors purchased the former JCPenney Credit Processing building on 6.35 acres just west of Dale Mabry Highway for $2.75 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 15, 2011
Pollack Shores, Carlyle Group buy Audubon Village Apartments

Atlanta-based Pollack Shores Real Estate Group and The Carlyle Group purchased the 447-unit Audubon Village Apartments for $32.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
Crosspoint Christian Church buys Grace Baptist Church building

Crosspoint Christian Church of Cape Coral Inc. purchased the 10,826-square-foot former Grace Baptist Church building on 11th Place for $800,000.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 15, 2011
JPM/RDP Farms owners buy Immokalee distribution building

Perrydale Farms LLC, created to buy and operate the former Southern Corporate Packers food processing facility, purchased the 20,780-square-foot building for $1.2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
JPMorgan Chase buys land for Palmer Ranch branch

JPMorgan Chase Bank NA purchased a parcel bordering Central Sarasota Parkway in Palmer Ranch for $1.25 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 15, 2011
California 1031 investors buy Legends Field Apartments

Brothers Jose and Damian Jimenez of Escondido, Calif., purchased the 78-unit Villas at Legends Field Apartments for $3.35 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 15, 2011
Art, whimsey museum owner redeveloping Southland Inn site

Mary Lee has started the demolition of a large portion of the 29-unit Southland Inn near downtown Sarasota.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 15, 2011
Demolition for SCTI third phase starting next month

Willis A Smith Construction Inc. is gearing up to start the demolition of half of the existing County Technical Institute campus to start the third phase of its redevelopment.

  • Commercial Real Estate
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