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Commercial Real Estate

  • By Business Observer Staff
  • May 20, 2011
Debartolo Development buys first Chicago property

Tampa-based DeBartolo Development LLC has purchased its first property in the Chicago area, Prairie Stone Crossing.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 20, 2011
Sarasota County begins work on Cattlemen extension

Sarasota County officials have broken ground on the extension of Cattlemen Road north to University Parkway.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 13, 2011
San Diego investors buy Sandalwood Park

San Diego investors Ross Baldwin and Robert Rosi purchased the mortgage note for a 12-unit Sandalwood Business Park flex building and additional vacant land.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 13, 2011
Phoenix firm pays $33 million for complex

Phoenix-based Alliance Residential Co. purchased the 366-unit Westbury at Lake Brandon Apartments for $33.1 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 13, 2011
Texas hotelier acquires historic district Holiday Inn

Texas hotelier Wajidali Alladina purchased the 122-room Holiday Inn in Fort Myers' Downtown Historic District for $3 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 13, 2011
N.Y. apartment investor buys Bonita Apartments

Eastside Equities LLC flipped the 31-unit Bonita Apartments to New York City-based Blue River Capital LLC for a $216,000 profit.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 13, 2011
Mental Health Care Inc. buys Elizabeth Arms

Tampa-based Mental Health Care Inc. purchased the 55-unit Elizabeth Arms apartment complext for $900,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 13, 2011
Mental Health Care Inc. buys Elizabeth Arms

Tampa-based Mental Health Care Inc. purchased the 55-unit Elizabeth Arms apartment complext for $900,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 13, 2011
JCI Jones Chemical moving to Rivolta site

Sarasota-based JCI Jones Chemical has purchased the 7,603-square-foot Rivolta Group headquarters building in downtown Sarasota for $2.3 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • May 13, 2011
Ronto Group purchases land for $18 million

RP Bonita Beach Rd LLC purchased 691 acres on the east end of Bonita Beach Road near Village Walk and 724 acres of mitigation land in Lee and Hendry counties for $18 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 13, 2011
iStar Financial renovates first phase of M&I building

New York City-based iStar Financial has completed the first phase of its renovation to the M&I Bank in downtown Sarasota.

  • Commercial Real Estate
  • By Business Observer Staff
  • May 6, 2011
Canadian investment group buys MacDill Landings units

Vancouver, British Columbia-based A.J. Galbraith & Associates Ltd. purchased 21 residential condominium units in the 28-unit MacDill Landings for $1.84 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 6, 2011
Penn-Florida, Edge Principal Advisors buy Lakeview Center, Eastpointe

A joint venture partnership purchased a mortgage covering the Lakeview Center and Eastpointe office buildings from GE Capital and took ownership of the properties in lieu of foreclosure.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • May 6, 2011
Michigan investors buy Cape Grande land

Farmington Hills, Mich., investor John Kulhavi purchased a 3,254-square-foot office building on 3.1 acres fronting the Caloosahatchee River for $1.45 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • May 6, 2011
Railhead Recycling developing paper baler

The owners of Railhead Recycling purchased a 26,000-square-foot manufacturing building on three acres for $1.4 million.

  • Charlotte–Lee–Collier
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