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Commercial Real Estate

  • By Business Observer Staff
  • August 26, 2011
Taylor Morrison buys land for Esplanade at Lakewood Ranch

Taylor Morrison of Florida Inc. purchased 207 acres of former grove land north of State Road 70 near Center Ice Parkway and Pope Road for $10.12 million.

  • Commercial Real Estate
  • By Jean Gruss
  • August 25, 2011
Rocky Bottom

The office market on the Gulf Coast started to recover last year, but the first half of 2011 was disappointing as companies hesitated to fill up new space.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 19, 2011
Sarasota's Fox, Shoemaker buy The Beach Club on Siesta

Sarasota investor Larry Fox and David Shoemaker, founder of the eyecare medical practice Center for Sight, purchased the 29-unit The Beach Club on Siesta Key for $6.26 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 19, 2011
Two Miami investor groups buy IHOPs

Two Miami area investors purchased IHOP restaurant buildings leased to Sunshine Restaurant Partners.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 19, 2011
Investor buys Naples Place, plans improvements

Laura Biggins of Jupiter purchased the 52-unit Naples Place apartment complex on Bayshore Drive between U.S. 41 and Thomasson Drive for $1.1 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 19, 2011
Wigglebutt Inn owner buys Pine Ridge retail building

Karen Paul purchased the 10,0000-square-foot former Haskell's Wine & Liquor building for $900,000.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 19, 2011
Zumot Real Estate Management buys, renames Canterbury Lane

An affiliated company of McLean, Va.-based Zumot Real Estate Management Inc. purchased the 319-unit Canterbury Lane Apartments for $4.1 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 19, 2011
Doral Oaks Apartments sell for $13.75 million

Brothers Jose and Damian Jimenez of Escondido, Calif., purchased the 252-unit Doral Oaks Apartments for $13.75 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 19, 2011
Health Care REIT buys Ridgelake hospital

Toledo, Ohio-based Health Care REIT Inc. purchased the 50,285-square-foot Hospital at Ridgelake for $22.5 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 19, 2011
Benderson Development buys Siesta Beach Plaza

University Park-based retail giant Benderson Development Co. LLC purchased the 6,829-square-foot Siesta Beach Plaza for $1.38 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 19, 2011
Senior Housing Trust buys Lexington Manor

Newton, Mass.-based Senior Housing Properties Trust purchased the 82-unit Lexington Manor assisted-living facility for $12.33 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • August 19, 2011
Altman Cos. receives financing to start Alta­s at Grand Cypress

The Boca Raton-based Altman Cos. reports it has acquired construction financing of a $18.4 million loan through City National Bank of Florida with equity provided through Sarofim Realty Advisors and Altman to develop a 258-unit rental community in New Tampa.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 12, 2011
Nation's largest law school buys Riverview building

Lansing, Mich.'s Thomas M. Cooley Law School purchased a 131,278-square-foot warehouse/distribution facility in the Interchange Center business park for $4.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 12, 2011
Manatee Rural Health Services moving to Palmetto B of A building

Manatee County Rural Health Services Inc. purchased the 27,000-square-foot Palmetto Bank of America building for $985,000. The price equated to $36 per square foot.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 12, 2011
Sarasota manufacturer Octex buys building for expansion

Octex LLC purchased its 33,116-square-foot manufacturing building for $1.9 million.

  • Manatee-Sarasota
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