Commercial Real Estate

By Business Observer Staff
May 6, 2011

Blue Rock Partners buys Palm Grove Apartments

Tampa-based Blue Rock Partners LLC purchased the 244-unit Palm Grove Apartments for $5.55 million.

Tampa Bay-Lakeland

By Business Observer Staff
May 6, 2011

Miami contractors buy, developing Bella Casa

A Miami company purchased 26 completed units and another 120 partially developed units in the Bella Casa condominium development for $2.4 million.

Charlotte–Lee–Collier

By Business Observer Staff
May 6, 2011

Colony Beach & Tennis owners facing renovation restrictions

Colony Beach & Tennis Resort unit owners may have an issue renovating what's currently on the Longboat Key property because of a FEMA-related flood-control ordinance.

Commercial Real Estate

By Business Observer Staff
May 6, 2011

Sarasota P.F. Chang's still in the works

Approval work continues for a P.F. Chang's China Bistro in downtown Sarasota.

Manatee-Sarasota

By Business Observer Staff
May 6, 2011

Taylor-Pansing hired to renovate McCollum Hall

The City of Fort Myers approved a continuing contract with Taylor-Pansing Inc. to act as construction manager-at-risk for the first phase of the roofing and stabilization of McCollum Hall.

Charlotte–Lee–Collier

By Business Observer Staff
May 6, 2011

Bridgeport Center renovations nearly complete

Flagler is nearing completion on its three-year, more than $1 million improvement plan at Bridgeport Center in Tampa's Westshore market.

Commercial Real Estate

By Business Observer Staff
May 6, 2011

Nokomis investors put contract on El Patio Hotel

David and Susan Macrae of Nokomis have signed a contract to buy the historic El Patio Hotel in Venice for $2.2 million. The agreement, which is still in its due diligence period, is scheduled to close in May.

Manatee-Sarasota

By Carl Cronan
May 6, 2011

Rental Restyling

Developer Phil Farley is turning an old public housing complex into Urban Style Lofts. The key is attracting the young clientele who will make it work.

Tampa Bay-Lakeland

By Business Observer Staff
April 29, 2011

Charter school buys Verizon call center

Minneapolis-based Ryan Cos. US Inc. purchased former Verizon Call Center building for $3.75 million.

Tampa Bay-Lakeland

By Business Observer Staff
April 29, 2011

Sonic site of new Chase bank

JPMorgan Chase Bank NA purchased a 7,126-square-foot former Sonic drive-in restaurant on State Road 64 for $915,000.

Manatee-Sarasota

By Business Observer Staff
April 29, 2011

Grubb & Ellis REIT buys Lakewood Ranch medical office building for $12.5 million

Some of Bradenton's most prominent power players have sold Lakewood Ranch Medical Office Building I to national real estate investment trust Grubb & Ellis Healthcare REIT II for $12.5 million.