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Commercial Real Estate

  • For Subscribers Only
  • By Jean Gruss
  • August 6, 2010
Unpopular Accuracy

Developers and builders sometimes don't like to hear what Michael Timmerman has to say, but he's been right more often than not. It pays to listen carefully when he speaks.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Southport Financial Services buys apartment complex

Clearwater-based Southport Financial Services purchased the 200-unit Johnson and Kenneth Court Apartments for $8.8 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Investment group buys Estero Embassy Suites

A hotel investment group purchased the 150-suite Embassy Suites Estero-Fort Myers for $11.4 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Siesta Sunset Royale buys 7-unit rental complex

Siesta Key resident and investor Paul Parr purchased the seven-unit former Siesta Sunset Beach House for $800,000.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Hillsborough County buys Cedar Pointe Apartments

Hillsborough County purchased the 76-unit Cedar Pointe Apartments for $1.8 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Federal Resort Properties buys 18 RV lots

Warehouse real estate investor Stanley Riggs purchased 18 of the 100 lots in the Holiday Cove RV Resort in northwest Bradenton.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Salvation Army buys dealership site

The Salvation Army purchased the former Westcoast Motorcycles & Watercraft dealership property for $1.2 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Taylor Morrison buys land for Verona Reserve

Scottsdale, Ariz.-based homebuilder Taylor Morrison purchased 55 acres off of Jacaranda Boulevard for $1.75 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Investment group buys Sweetbay shopping center

A real estate investment group purchased a 95,000-square-foot retail center for $1.86 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • July 30, 2010
Toll Brothers buys Bonita Springs acreage

Toll Brothers, a national homebuilder, purchased 122.34 acres of residential land for $7 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Jean Gruss
  • July 30, 2010
Salvage Operation

A group of creditors who control WCI Communities after it emerged from bankruptcy reorganization is betting the company can come back as a homebuilder. The company has fences to mend first.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Jean Gruss
  • July 30, 2010
Land Bust

This is the state of the Gulf Coast land market: Buyers aren't buying and sellers aren't selling. But that may be about to change as banks start unloading large tracts of distressed property.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Jean Gruss
  • July 30, 2010
Land for free

The Punta Gorda airport in Charlotte County is starting to build a reputation as a low-cost airline alternative to the larger airports in Fort Myers and Sarasota. About 2.3 million people live within a 90-minute drive.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Carl Cronan
  • July 30, 2010
Circling the Deals

Veteran land dealer Mark Cooney is forging ahead with his unusually named firm, The Land Sharks, despite the tough real estate market. A move across the hall helped.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • July 23, 2010
Real estate firm buys Plymouth Center

A Fort Myers real estate investor purchased the Plymouth Center retail strip center for $2.83 million.

  • Charlotte–Lee–Collier
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