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Commercial Real Estate

  • By Business Observer Staff
  • January 14, 2010
KGM Properties buys dermatology building

KGM Properties Limited Partnership, an investment group led by a trust, purchased an 8,948-square-foot medical-office building on College Parkway for $2 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • January 14, 2010
Naples investor Carlisle buys Wilson Plaza

Naples Greg Carlisle purchased the 36,000-square-foot Wilson Plaza shopping center on Wilson Boulevard in Golden Gate Estates for $6.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • January 14, 2010
Premier Properties buys Pinewood Lakes

Premier Properties of Cape Coral Inc. purchased the 58-lot Pinewood Lakes residential community on 20 acres at Southeast 2nd Court and Southeast 8th Street from Reliance Bank for $745,000.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • January 14, 2010
Hillsborough buys 1,700 acres for conservation

Hillsborough County government purchased 1,673 acres of cattle ranch and undeveloped land in northwest Hillsborough known as the Brooker Creek Corridor for $20.14 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 31, 2009
Find the Bottom

With rental rates down and vacancies up, will 2010 drag commercial property owners further underwater or to some needed stability?

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 23, 2009
New Jersey contractor buys South Bay

Perry Pavicic, who owns a New Jersey construction rehab company, purchased the 44-unit South Bay Apartments at the southwest corner of Dale Mabry Highway and Wisconsin Avenue for $500,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 23, 2009
Shirley Ann Hotel owners buy Kelly Hotel

Hoteliers Bruce Gramaila and Gary Kalberg of the Shirley Ann Hotel in St. Petersburg purchased the nearby historic 65-room Kelly Hotel at the southwest corner of 1st Avenue and Florida 687 for $910,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 23, 2009
eBridge Solutions moves to Ward Street

The husband-wife team of James Hanlon and Leslie Haywood, owners of eBridge Solutions, are moving the company to a new building.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 23, 2009
Palm Avenue Properties buys small retail strip

Palm Avenue Properties, a company owned by prominent Sarasota developer Dr. Mark Kauffman, purchased a 1,900-square-foot retail strip along Palm Avenue west of Main Street for $410,000.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 23, 2009
Sarasota County, North Port offer to buy Springs

Sarasota County and the city of North Port have offered to buy Warm Mineral Springs in North Port. The two municipalities proposed paying Cypress Lending Group Ltd. $6.5 million for the roughly 81-acre property.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 23, 2009
Blue Star Briar buys 144 units

Blue Star Briar LLC, a company headed by Miami-area real estate investor Moshe Schwartz, purchased 144 units in the 240-unit Briar Landing at the Enclave condominium development for $3.5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 23, 2009
Pet Supermarket buys Rex A.V. store

Sunrise-based pet-supply retailer Pet Supermarket Inc. purchased a 12,040-square-foot former Rex Audio Video and Appliances store on U.S. 41 for $1.3 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 23, 2009
The Club at Mediterra sold to members

Club members of The Club At Mediterra have purchased the real estate of Mediterra on Corso Mediterra Circle west of Livingston Road for $5.5 million. The deal was part of the $6.8 million, club members paid to the developer Bonita Bay Group to acquire the club's assets.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 23, 2009
Westshore's Sheraton Suites completes renovation

The Sheraton Suites Tampa Airport Westshore has completed a multimillion-dollar renovation.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 23, 2009
Manatee County School Board moves MTI building to SR 70

The Manatee County School Board has approved moving a planned new Manatee Technical Institute facility to property it owns on State Road 70 and Caruso Road.

  • Manatee-Sarasota
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