Commercial Real Estate

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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

For Subscribers Only

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

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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

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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

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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

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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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By Business Observer Staff
August 12, 2011

Cole REIT buys part of Forum at Fort Myers

Phoenix-based Cole Credit Property Trust III (Cole REIT III) purchased 185,799 square feet of retail space in The Forum at Fort Myers for $34.25 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
August 12, 2011

Grandtag Madison Realty LLC buys The Palms of Punta Gorda

Pasadena, Calif.-based Grandtag Madison Realty LLC purchased the 56-unit The Palms of Punta Gorda assisted-living and dementia-care facility for $4 million.

Commercial Real Estate

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By Business Observer Staff
August 12, 2011

Aventura investor group buys Villa of Venezia Land, Units

Miami-area investors David Bernstein, Howard Weinberg and Dolores Warren purchased 44 condominium units in the Villas of Venezia condominium and 11 acres of vacant land for $2 million.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
August 12, 2011

TJM Properties buys, renovating St. Pete-Clearwater Airport Inn

Clearwater-based real estate firm TJM Properties purchased the 118-room St. Pete/Clearwater Airport Inn for $800,000.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
August 12, 2011

Union, N.J., investors buy Tamiami Trail CVS land

Investors Bernardino and Maria Simones of Union, N.J., purchased 1.3 acres of land housing a 15,143-square-foot CVS/pharmacy building for $2.63 million.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
August 12, 2011

DeBartolo Development buys land in Chicago suburb

Tampa-based DeBartolo Development LLC purchased 3.5 acres of vacant land next to the Tinley Park, Ill., convention center.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
August 5, 2011

CarMax Auto Superstores buys Naples Saturn dealership

Richmond, Va.-based CarMax Auto Superstores Inc. purchased the 4.19-acre former Saturn dealership and an adjacent 1.33-acre parcel for a total of $3.97 million.