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Commercial Real Estate

  • By Business Observer Staff
  • August 5, 2011
Apartment firm CAPREIT buys Sabal Palm at Carrollwood

Rockville, Md.-based CAPREIT purchased the 432-unit Sabal Palm at Carrollwood apartment complex for $39 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 5, 2011
Louisiana investor group buys Puritan Place Apartments

An investor group headed by Richard Beaullieu of Lafayette, La. purchased the 232-unit Puritan Place Apartments for $4.06 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 5, 2011
Grubb & Ellis Healthcare REIT II buys Maxfield Medical building

Grubb & Ellis Healthcare REIT II Inc. purchased the 41,000-sqaure-foot Maxfield Medical Office Building for $7.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • August 5, 2011
DeBartolo Development buys second Chicago-area center

Tampa-based DeBartolo Development LLC has purchased a portion of Bradley Commons, a 500,000-square-foot regional power center in Bradley, Ill.

  • Commercial Real Estate
  • By Business Observer Staff
  • August 5, 2011
Canada's Terracap Group buys Bee Ridge development site

A sub-company of Toronto, Ontario-based Terracap Group purchased a 40.74-acre master-planned property on both sides of Mauna Loa Boulevard north of Bee Ridge Road for $3.2 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 5, 2011
Cameratta Cos. starting The Preserve at Corkscrew

Cameratta Cos. LLC recently announced plans to kick off construction of The Preserve at Corkscrew, a 510-acre residential development in Estero.

  • Commercial Real Estate
  • By Jean Gruss
  • July 29, 2011
Loading Docks

The recession emptied industrial buildings on the Gulf Coast as tenants vacated millions of square feet of space. Now there are signs the trend is reversing.

  • Commercial Real Estate
  • By Business Observer Staff
  • July 22, 2011
Miami-based LLC buys Southpoint offices

Miami-based B Developments LLC purchased the 63,812-square-foot Southpoint at Breckenridge Park office building for $2.4 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 22, 2011
Atlanta real estate company buys RBC bank building

A limited liability company led by Itzchak Miron of Atlanta purchased the 55,160-square-foot RBC Bank office building in downtown Sarasota for $13.25 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • July 22, 2011
Intown Housing BV buys Bay Villa

Tampa developer/investment group Intown Housing LLC purchased the 24-unit Bay Villa apartments for $1.45 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • July 22, 2011
Publix redeveloping Longboat's Avenue of the Flowers

Lakeland-based Publix Super Markets Inc. revealed plans for the aging and mostly empty Avenue of the Flowers plaza on Longboat Key.

  • Commercial Real Estate
  • By Business Observer Staff
  • July 22, 2011
Lennar Homes buys 96 lots in Copper Cove Preserve

Miami-based homebuilder Lennar Corp. purchased 96 single-family home lots in the 137-lot Copper Cove Preserve community for $2.83 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • July 22, 2011
TerraCap Partners buys Palmira Village land

Cape Coral and New York City-based TerraCap Partners purchased 20.73-acre Palmira Village land for $1.46 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • July 15, 2011
Two Sarasota entrepreneurs buy Creekwood flex buildings

Sarasota businessmen Paul Marchese Jr. and James Abrams purchased two flex buildings in Creekwood East Corporate Park for $1.68 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • July 15, 2011
Lighting First takes over A PartyWorld building

Greg and Steven Adams purchased a 12,056-square-foot A PartyWorld store for $1.1 million.

  • Charlotte–Lee–Collier
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