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Commercial Real Estate

  • 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
  • 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
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