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Commercial Real Estate

  • For Subscribers Only
  • By Business Observer Staff
  • May 28, 2011
Miami entrepreneur buys Bonita Preserve townhomes

Miami businessman Herbert Jordan purchased the 12-unit Bonita Preserve townhome complex and additional land near Interstate 75 for $850,000.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • May 28, 2011
Quest buys Horseshoe Drive building

The Naples-based non-profit Quest Educational Foundation Inc. purchased a 19,271-square-foot building in Kendall International Center for $1.25 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • May 28, 2011
Broker Seidel and wife purchase 41 retail center

Sarasota Realtor Barry Seidel and his wife, Leslye, purchased the 13,250-square-foot retail strip center on U.S. 41 for $770,000.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • May 28, 2011
Liberty Group of Cos. buys two Central Florida hotels

Tampa-based Liberty Group of Cos. has purchased the 63-room Microtel Inn & Suites hotel in Ocala and the 123-room Days Inn hotel in Wildwood.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • May 28, 2011
American Water Chemicals buys former SRI building

Tampa-based American Water Chemicals Inc. purchased a 40,800-square-foot distribution center on Corporate Center Lane for $1.55 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • May 28, 2011
Lake Mary company buys Best Western

Perfect Hospitality LLC, a company led by Dhimant Shah of Lake Mary, purchased the 51-room Best Western Plus Manatee Hotel for $2.9 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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.

  • Commercial Real Estate
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