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Commercial Real Estate

  • By Business Observer Staff
  • April 22, 2011
California family buys Palm Vista

The Reynolds family of Newport Beach, Calif., purchased the 136-unit Palm Vista Apartments in Fort Myers for $2.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 22, 2011
Interstate Business Park sells for $4.9 million

Tampa-based Cardinal Point Management LLC purchased the seven-building Interstate Business Park for $4.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 22, 2011
Marco Island BP Owner buys Davis Boulevard Stations

Naples businessman Najeeb Ullah purchased two adjacent gas stations at the corner of Collier Boulevard and County Road 856 for $4.6 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 22, 2011
Lido Shores residents buy Longboat's Grand Mariner

Ralph and Sheri Trine of Lido Shores purchased the prominent 14-unit Grand Mariner condominium for $9.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • April 22, 2011
Homebuilder D.R. Horton buys Willow Chase lots

Homebuilder D.R. Horton Inc. purchased 21 home lots in the Willow Chase subdivision for $1.05 million. The price equated to $50,000 per lot.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 22, 2011
Tampa apartment investor buys Interbay's Green Oaks

Tampa-area investor William Sultenfuss purchased the 100-unit Green Oaks Apartments for $2.35 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 22, 2011
Sunfield Homes, Amberglen buy Riverview land

New Port Richey-based Sunfield Homes Inc. and its affiliated investment firm Amberglen Development Inc. purchased 83 acres in the Simmons Loop area of Riverview for $2.3 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • April 22, 2011
DeBartolo, Forge entity buys Orlando's Mills Park

Community Reinvestment Partners II LP purchased Mills Park, land for a mixed-use development in Orlando, for $6.25 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • April 22, 2011
Covenant Capital buys apartments

Covenant Apartment Fund VI purchased the 208-unit Crosswinds Apartments in St. Petersburg for $13.1 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 22, 2011
Gulfstream Investment Advisors buys Heritage Lake Park units

Coral Gables-based Gulfstream Investment Advisors Inc. purchased 64 villa and condominium units and 12 building pads in Heritage Lake Park for $3.2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • April 15, 2011
Moorman Development buys two flex buildings

Dayton, Ohio, partnership Moorman Development purchased two flex buildings in Laurel Interchange Business Center for $1.31 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • April 15, 2011
Mictron's owners buy industrial building, lots

John and Lisa Koen, owners of Sarasota-based Mictron Inc., purchased a 20,140-square-foot industrial building and eight vacant lots, totaling 13.4 acres, for $1.9 million.2

  • Manatee-Sarasota
  • By Business Observer Staff
  • April 15, 2011
Hooters Management Corp. buys Pepin Restaurant site

Clearwater-based Hooters Management Corp. purchased the 9,315-square-foot Pepin Restaurant on Fourth Street in Northeast Park for $1.6 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • April 15, 2011
McGarvey Development starts Gartner building

McGarvey Development Co. has transferred 8.4 acres in Eastlinks Business Park to another limited liability company it owns for the development of the new Gartner building.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 15, 2011
AAA Liquor Outlet owner buys building

Lalit Patel of Bradenton purchased a 4,800-square-foot retail building near U.S. 301 for $1.05 million. The price equated to $219 per square foot.

  • Manatee-Sarasota
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