Commercial Real Estate

For Subscribers Only

By Business Observer Staff
April 1, 2011

LaBelle's Alico Inc. buys Colonial Bank headquarters

LaBelle-based Alico Inc. purchased the 27,000-square-foot former Colonial Bank headquarters for $2.32 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
April 1, 2011

Chabad Jewish Center of Naples buys First Christian buildings

The Chabad Jewish Center of Naples Inc. purchased the First Christian Church of Naples' church and day care buildings for $1.82 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
April 1, 2011

ICORR Properties buys Citrus Park Shops

London, Ontario-based ICORR Properties International purchased the 15,800-square-foot Citrus Park Shops retail strip center for $1.75 million.

Manatee-Sarasota

For Subscribers Only

By Business Observer Staff
April 1, 2011

Bradenton Pediatric dentist buys Cracker Bay General Store

Bradenton pediatric dentist George Meadows purchased the 18,580-square-foot Cracker Bay General Store for $2.88 million.

Manatee-Sarasota

For Subscribers Only

By Business Observer Staff
April 1, 2011

Westmont Hospitality buys Tampa Red Roof Inn

RRI NC I LLC, an entity affiliated with Houston-based Westmont Hospitality Group, has taken over ownership of the Red Roof Inn on Horace Avenue.

Tampa Bay-Lakeland

For Subscribers Only

By Business Observer Staff
April 1, 2011

GMC Properties buys Villages at Turtle Creek

Jacksonville-based GMC Properties purchased the 232-unit Villages at Turtle Creek apartments for $10.2 million.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
April 1, 2011

Escalante Golf buys Spanish Wells course

Colorado Springs, Colo.-based Escalante Golf Inc. purchased the Spanish Wells Golf Course and surrounding community amenities for $4.55 million.

Charlotte–Lee–Collier

For Subscribers Only

By Business Observer Staff
April 1, 2011

Fawley Bryant, Willis Smith hired for LECOM dental

The Lake Erie College of Osteopathic Medicine has hired Fawley Bryant Architects to design the new the LECOM School of Dental Medicine building.

Manatee-Sarasota

For Subscribers Only

By Business Observer Staff
April 1, 2011

Palmer Ranch Holdings completes two-lane extension

A new major arterial roadway is open and ready for business. The Honore Avenue extension from Palmer Ranch to State Road 681 officially opened March 16.

Commercial Real Estate

For Subscribers Only

By Business Observer Staff
April 1, 2011

TerraCap Management caps real estate investment fund

Naples-based TerraCap Management Corp. has closed its first real estate fund, TerraCap Partners LP. The private placement fund was oversubscribed by 5%.