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Commercial Real Estate

  • For Subscribers Only
  • By Business Observer Staff
  • May 20, 2011
Sarasota entrepreneur buys Century building

Sarasota businessman Jesse Biter purchased the 41,617-square-foot former Century Bank building on Fruitville Road for $2.8 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • May 20, 2011
McGee Tire Stores buys downtown Superior Auto

Lakeland-based McGee Tire Stores Inc. purchased the 5,535-square-foot downtown Superior Auto Centers building for $1.07 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • May 20, 2011
Miami investment group buys Lakewood Apartments

An investment group led by Paul Steinfurth of Miami purchased the 82-unit Lakewood Apartments in Brandon for $2.15 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • May 20, 2011
Michigan's Allied Capital buys Tarpon Estates lots

Kalamazoo, Mich.-based Allied Capital Corp. has purchased another five residential lots in Tarpons Estates for $2.55 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • May 20, 2011
Port Manatee Berth 12 dredging under way

Dredging has started at Port Manatee for the planned Berth 12.

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