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Commercial Real Estate

  • By Jean Gruss
  • March 25, 2011
Someone's in the office

The first signs of an improving office-space market on the Gulf Coast are showing in the data, but it may be too early to call the recovery in rents and vacancies.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 19, 2011
Alabama health care REIT buys Pinnacle medical buildings

Birmingham, Ala.-based The Sanders Trust purchased two Pinnacle Medical Group medical buildings for a total of $11.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 19, 2011
Paradise Group buys Cortez Village Square

Safety Harbor-based Paradise Development Group Inc. purchased the 36,542-square-foot Cortez Village Square shopping center for $1.6 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 19, 2011
Wisconsin tech companies moving to riverfront

A company owned by Dr. Roger Hutchison purchased 27,302 square feet of office and warehouse space and a smaller parcel across Riverside Drive for $1 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • March 19, 2011
Consolidated Citrus LP buys Colonial office building

Fort Myers-based Consolidated Citrus Limited Partnership purchased a 12,741-square-foot office and two model homes for $600,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 19, 2011
Catholic Church diocese buys Restoration building

The Catholic Church's Diocese of Venice purchased the 19,904-square-foot Restoration Church building for $3.06 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 19, 2011
Investment group buys Gunn Highway buildings

An investment group purchased two industrial buildings on Gunn Highway south of State Road 54 for $3 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • March 19, 2011
Gamla-Cedron takes ownership of Preserve units

The Gamla-Cedron Group, an Israeli-based investment firm, has been issued a certificate of title for 158 units in The Preserve at Temple Terrace.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 19, 2011
Tampa Family Health Centers plans Nebraska Avenue center

Tampa Family Health Centers Inc. purchased a 0.46-acre vacant lot across Bird Street from the Tampa Greyhound Track for $1.68 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 19, 2011
Holiday House owners convert to Ramada Resort

Sarasotans Vincent Payne and Rodney Dessberg, who bought the Holiday House hotel in Venice late last year, have big plans to reinvigorate it.

  • Manatee-Sarasota
  • By Carl Cronan
  • March 18, 2011
Relighting the Cigar

Over the last decade, Centro Ybor has seen highs and lows as a retail and entertainment complex. The addition of an office element is helping the site as the economy recovers.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 11, 2011
Fort Myers attorney buys Picture Factory Outlet building

Fort Myers attorney Kevin F. Jursinski and his wife Darlene Jursinski purchased the 16,105-square-foot former Picture Factory Outlet building for $1.1 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • March 11, 2011
Chicago, Fort Myers investors buy Burnt Store Road land

A group of investors from Chicago and Fort Myers purchased 265 acres on Burnt Store Road for $1 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • March 11, 2011
Tampa homebuilder buys 32 Panther Trace lots

K. Hovnanian Windward Homes purchased 32 finished home lots in Panther Trace for $1.04 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • March 11, 2011
Miami investor buys Seffner BB&T building

A Miami private investor purchased a 5,607-square-foot BB&T bank branch for $3.44 million.

  • Tampa Bay-Lakeland
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