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Commercial Real Estate

  • By Business Observer Staff
  • June 11, 2011
Nokomis investors buy El Patio Hotel

David and Susan Macrae have finally closed on their purchase of the 16-room El Patio Hotel for $2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • June 11, 2011
Sarasota contractors buy Center Road lots

Sarasota general contractors Jon and Jason Swift purchased two lots on Center Road in Fruitville Park of Commerce for $653,400.

  • Manatee-Sarasota
  • By Business Observer Staff
  • June 11, 2011
Paradise Supplements buys new headquarters

John and Cathy Atamian, owners of Naples-based Paradise Supplements and Packaging Inc., purchased a 13,600-square-foot industrial building for $775,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • June 4, 2011
Calif. Nelson Brothers firm buys Summerville at Venice

Aliso Viejo, Calif.-based Nelson Brothers Professional Real Estate LLC purchased the 90-bed Summerville at Venice assisted-living facility $3.7 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • June 4, 2011
Tamiami museum owner buys Southland Inn, more

Tamiami Trail real estate owner Marietta Lee of Sarasota purchased the 29-unit Southland Inn and a neighboring six-unit building on 23rd Street for $950,000.

  • Manatee-Sarasota
  • By Business Observer Staff
  • June 4, 2011
Schottenstein Property Group buys Pine Island Marketplace

Columbus, Ohio-based Schottenstein Property Group Inc. purchased the 71,444-square-foot Pine Island Marketplace retail center for $7 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • June 4, 2011
Churchill Forge Partners buys Park Crest at the Lakes

Newton, Mass.-based Churchill Forge Partners purchased the 360-unit Park Crest at the Lakes apartment complex for $26.61 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • June 4, 2011
RMC Property Group moves to Carrollwood Corporate Center

RMC Property Group has completed its renovation of Carrollwood Corporate Center and relocated its corporate headquarters to the building.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • June 4, 2011
Florida Gulf Coast University buys student housing land

Florida Gulf Coast University purchased 24.5 acres behind its West Lake Village apartment complex for $8 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • June 4, 2011
Colony Lender LLC buys 15% added interest in Colony

Randy Langley and David Siegal, the two partners of Colony Lender LLC, purchased a 15% interest in the Colony Beach & Tennis Resort's recreational/resort assets from Carolyn Field Trust on May 27 for $766,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • June 4, 2011
DooleyMack Constructors starts Selby library renovation

A $1.2 million renovation of Selby Public Library in downtown Sarasota has begun.

  • Manatee-Sarasota
  • By Business Observer Staff
  • June 4, 2011
Largo's Pine Ridge Business Center first loan auctioned

A non-performing loan on Largo's Pine Ridge Business Center was sold for $1.29 million in an online auction conducted by Auction.com.

  • Commercial Real Estate
  • By Business Observer Staff
  • June 4, 2011
Sarasota commission issues restoration contract

The Sarasota County Commission has awarded a contract to restore the southeastern portion of Palmer Point Park on the shore of Little Sarasota Bay to Tampa Contracting Services Inc. of Palmetto.

  • Manatee-Sarasota
  • By Business Observer Staff
  • June 4, 2011
Calkain's Sobelman handles D-1 Sports lease

The Calkain Cos. has been named the exclusive adviser for the sale of the new D-1 Sports and Training facility being built on the site of the former Circuit City at 6918 Gunn Highway, Tampa.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • June 4, 2011
Sarasota SCAT shelters removed after ad contract ends

Sixteen Sarasota County Area Transit bus shelters in the city of Sarasota are being replaced after the city terminated its contract with Lamar Advertising, the company that owns the shelters.

  • Manatee-Sarasota
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