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Commercial Real Estate

  • For Subscribers Only
  • By Business Observer Staff
  • May 6, 2011
Nokomis investors put contract on El Patio Hotel

David and Susan Macrae of Nokomis have signed a contract to buy the historic El Patio Hotel in Venice for $2.2 million. The agreement, which is still in its due diligence period, is scheduled to close in May.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Carl Cronan
  • May 6, 2011
Rental Restyling

Developer Phil Farley is turning an old public housing complex into Urban Style Lofts. The key is attracting the young clientele who will make it work.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Charter school buys Verizon call center

Minneapolis-based Ryan Cos. US Inc. purchased former Verizon Call Center building for $3.75 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Sonic site of new Chase bank

JPMorgan Chase Bank NA purchased a 7,126-square-foot former Sonic drive-in restaurant on State Road 64 for $915,000.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Grubb & Ellis REIT buys Lakewood Ranch medical office building for $12.5 million

Some of Bradenton's most prominent power players have sold Lakewood Ranch Medical Office Building I to national real estate investment trust Grubb & Ellis Healthcare REIT II for $12.5 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Dollar General sells for $1.8M

James Morentin of Vista, Calif. purchased 8,960-square-foot Dollar General store for $1.8 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Mooring Capital Funding buys Cypress Center mall

Mooring Capital Funding LLC purchased the 15,840-square-foot Cypress Center strip mall for $1.5 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
St. Petersburg College purchases Juvenile Welfare Board building

St. Petersburg College purchased the 50,138-square-foot Juvenile Welfare Board of Pinellas County building for $2.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Copperhead Club sells for $1.5 million

Tom Fowler of Lehigh Acres and Allen Collins and Bobby Rankin of Kentucky purchased the Copperhead Golf Club for $1.5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Nexeo Solutions acquires Ashland Inc. property

TPG Capital has transferred two Tampa Ashland Distribution properties to Nexeo Solutions LLC for $3.3 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Bovis Lend Lease developing Pinellas safety facilities

Lend Lease's Bovis Lend Lease business has been awarded the contract to build a new Public Safety Facilities and Centralized Communications Center for Pinellas County in Largo.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
J.L. Wallace completes Esperanza

Fort Myers-based J.L. Wallace Inc. has completed construction of Esperanza Place Apartments, Phase I, an affordable housing development for farm workers in Immokalee.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Army Corps of Engineers awards Wares Creek contract

The U.S. Army Corps of Engineers reports it has negotiated a contract for the dredging of Wares Creek.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • April 29, 2011
Osprey developers propose Southbay Office Center

Michele Prins and Rita De Cessia, principals of Intelig Inc., have submitted a proposal to Sarasota County to develop a 78,000-square-foot office project in southern Sarasota.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Mark Gordon
  • April 29, 2011
Sector Scorcher

The apartment complex side of commercial real estate is abuzz on the Gulf Coast. Many deals could be had.

  • Commercial Real Estate
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