Commercial Real Estate

By Business Observer Staff
May 28, 2011

Sarasota residential investor buys Parrot Beach Cottages

Sarasota investor Brad Stephenson purchased the two-story Parrot Beach Cottages on Siesta Key for $570,000. The price equated to $142,500 per unit.

Manatee-Sarasota

By Business Observer Staff
May 28, 2011

Foreign investor group buys Stonehenge, Sandanay

A foreign investor group purchased the Sandanay and Stonehenge apartment complexes for a total of $2.5 million.

Tampa Bay-Lakeland

By Jean Gruss
May 27, 2011

Steak and sizzle

Commercial real estate brokers Randy Mercer and Stan Stouder converted a steakhouse into office space. The effort proved successful, but took longer than expected.

Commercial Real Estate

By Mark Gordon
May 27, 2011

Expanded Dreams

A veterinarian seized on a recession-fused opportunity for bigger space. Soon she hopes the practice will get bigger, too.

Commercial Real Estate

By Carl Cronan
May 27, 2011

Back in the Box

First-time retailers and other users are finding homes in vacated big-box spaces left behind by bankrupted merchants. Opportunity knocks for those looking to expand at a lower cost.

Commercial Real Estate

By Business Observer Staff
May 20, 2011

Northwood Plaza sells for $37.62M

Boston-based AEW Capital Management LP purchased the 200,000-square-foot Northwood Plaza in Clearwater for $37.62 million.

Tampa Bay-Lakeland

By Business Observer Staff
May 20, 2011

Cole Investment buys Northpoint Center

The real estate investment trust Cole Credit Property Trust III purchased the 110,981-square-foot Northpoint retail shopping center for $10 million.

Commercial Real Estate

By Business Observer Staff
May 20, 2011

Race car driver developing Sonny's

Indy-car racer Dale Coyne and his wife, Gail, purchased a 7,078-square-foot former Chicago Uno restaurant building for $1.13 million.

Charlotte–Lee–Collier

By Business Observer Staff
May 20, 2011

Inland Private Capital buys Brandon Mimi's Cafe

Inland Private Capital Corp., an affiliated company of Oak Brook, Ill.-based The Inland Real Estate Group of Cos. Inc., purchased the 7,045-square-foot Mimi's Cafe building for $2.89 million.