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Commercial Real Estate

  • By Business Observer Staff
  • October 15, 2011
Weingarten Realty Investors developing new Whole Foods Market

Weingarten Realty Investors purchased the former JCPenney Credit Processing building on 6.35 acres just west of Dale Mabry Highway for $2.75 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 15, 2011
Pollack Shores, Carlyle Group buy Audubon Village Apartments

Atlanta-based Pollack Shores Real Estate Group and The Carlyle Group purchased the 447-unit Audubon Village Apartments for $32.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
Crosspoint Christian Church buys Grace Baptist Church building

Crosspoint Christian Church of Cape Coral Inc. purchased the 10,826-square-foot former Grace Baptist Church building on 11th Place for $800,000.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 15, 2011
JPM/RDP Farms owners buy Immokalee distribution building

Perrydale Farms LLC, created to buy and operate the former Southern Corporate Packers food processing facility, purchased the 20,780-square-foot building for $1.2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
JPMorgan Chase buys land for Palmer Ranch branch

JPMorgan Chase Bank NA purchased a parcel bordering Central Sarasota Parkway in Palmer Ranch for $1.25 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 15, 2011
California 1031 investors buy Legends Field Apartments

Brothers Jose and Damian Jimenez of Escondido, Calif., purchased the 78-unit Villas at Legends Field Apartments for $3.35 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 15, 2011
Art, whimsey museum owner redeveloping Southland Inn site

Mary Lee has started the demolition of a large portion of the 29-unit Southland Inn near downtown Sarasota.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 15, 2011
Demolition for SCTI third phase starting next month

Willis A Smith Construction Inc. is gearing up to start the demolition of half of the existing County Technical Institute campus to start the third phase of its redevelopment.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
Virginia investor buys 7-Eleven building

Charles Barger of Lexington, Va., purchased a 3,250-square-foot 7-Eleven gas station on Kings Highway for $1.45 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
High Velocity relocating to former Rexel building

Steve and Jean Camposano, owners of Naples-based High Velocity, purchased the 26,140-square-foot former Rexel industrial building for $1.45 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 15, 2011
St. Petersburg's Edwards buys troubled BayWalk

St. Petersburg mortgage executive, music mogul and real estate owner/investor Bill Edwards purchased the struggling BayWalk development for $5.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 15, 2011
Arthrex buys Robb & Stucky's headquarters, distribution facility

Naples-based Arthrex Inc. purchased the 238,000-square-foot Robb & Stucky corporate headquarters and distribution facility for $12.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 15, 2011
Southern Corporate Packers buys larger packing warehouse

Southern Corporate Packers Inc. purchased a roughly 40,000-square-foot warehouse building on 6.62 acres on Global Drive for $950,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 7, 2011
Gettel Automotive buys Jenkins Hyundai property

The Gettel Automotive Family of Dealerships purchased the real estate of Jenkins Hyundai of Bradenton for $4.13 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 7, 2011
Morgan Auto Group buys Brandon Honda property

The Morgan Auto Group acquired 7.03 acres of real estate from Brandon Honda for $15.5 million as part of its acquisition of the dealership from the Scott-McRae Group.

  • Tampa Bay-Lakeland
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