Commercial Real Estate

By Jean Gruss
February 18, 2011

Long hold

There may be great commercial real estate deals on the Gulf Coast today, but it could be years before investors see returns.

Industries

By Business Observer Staff
February 11, 2011

Kitson & Partners buys Tuscany Reserve

Palm Beach Gardens-based Kitson & Partners purchased the 450-acre Tuscany Reserve golf course community from Addax Bank for $31 million.

Charlotte–Lee–Collier

By Business Observer Staff
February 11, 2011

Naples investor group buys Ford Street building

An investment group managed by David Torres of Naples purchased a 49,675-square-foot office building for $1.63 million.

Charlotte–Lee–Collier

By Business Observer Staff
February 11, 2011

Anderson & Ellis owner buys buildings

Sarasota entrepreneur Steve Anderson purchased a five-building industrial park for $1.3 million.

Manatee-Sarasota

By Business Observer Staff
February 11, 2011

Kohl's buys Albertsons store

Kohl's Department Stores Inc. purchased a 54,401-square-foot former Albertsons in Oaks Plaza for $3.8 million.

Manatee-Sarasota

By Business Observer Staff
February 11, 2011

Clearwater Marine Aquarium buys land

The Clearwater Marine Aquarium purchased a 1.47-acre site east of the existing aquarium facilities for $3.1 million.

Tampa Bay-Lakeland

By Business Observer Staff
February 11, 2011

Diamond Vault owners buy West Marine building

Ali and LaRue Chokr purchased the 6,400-square-foot former West Marine building for $1 million.

Commercial Real Estate

By Business Observer Staff
February 11, 2011

AREA Property buys rental properties

New York City-based AREA Property Partners purchased two Pinellas County multifamily rental properties with 766 units for $78.35 million.

Tampa Bay-Lakeland

By Jean Gruss
February 11, 2011

Economic Developer

Economic development folks might want to meet Arun Maheshwari, one of the trailblazers of outsourcing to India. He and his son, Amit Maheshwari, are buying commercial real estate in Fort Myers.

Commercial Real Estate

By Business Observer Staff
February 4, 2011

Investment group buys Channelside restaurant

An investment group purchased the 7,010-square-foot former Newk's Lighthouse Cafe restaurant building for $2.4 million.

Tampa Bay-Lakeland

By Business Observer Staff
February 4, 2011

Highwoods buys Independence Park

Raleigh, N.C.-based Highwoods Properties Inc. purchased the Independence Park in Westshore for $12 million.

Commercial Real Estate

By Business Observer Staff
February 4, 2011

Local investment company buys surgery center building

A company led by Sarasota developer and investor Neil Malamud purchased a 13,685-square-foot medical office and retail building on U.S. 41 for $3.75 million.