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Commercial Real Estate

  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
Circle K Stores buys Clark Road Exxon station

Circle K Stores Inc. purchased a 4,520-square-foot Exxon convenience store on Clark Road east of Honore Avenue from Davie-based One Corp. for $2.69 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
Walgreen Co. buys Lutz building for drug store

Deerfield, Ill.-based drug store chain Walgreen Co. purchased a 4,022-square-foot retail building on 0.96 acres, and an additional 2.83 acres at the corner of Sunset Lane and U.S. 41 for $1.85 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
Father-son investment team buys Tampa's Valencia Village

Hayes Enterprises Tampa LLC, a real estate entity owned by James Hayes III of West Palm Beach and his father, James Hayes II of Corpus Christi, Texas, purchased the 132-unit Valencia Village apartments between Fletcher and 131st avenues for $1.93 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
ESJ Capital buys Tampa's University Park

ESJ Capital Partners, a European-investor real estate fund based in Aventura, purchased the three-building University Park development across the street from the University of South Florida campus for $12 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
Neal Communities buys 87 more lots

Homebuilder Neal Communities of Southwest Florida purchased 80 lots in the gated Sawgrass community and seven lots in Lakes of Jacaranda from Synovus Bank for $3.58 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
CJ contractors build warehouse rail line

Mulberry-based CJ Bridges Rail Road Contractors has started construction on a new half-mile rail spur at Port Manatee Commerce Center, connecting the industrial warehouse complex near Port Manatee to CSX Transportation rail lines.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • March 18, 2010
Riteway Investments buys Seminole Avenue apartments

Celestino and Gustavo Marrero, the owners and founders of Hollywood-based insurance-focused building contractor Riteway Insurance Repair Service Inc., purchased an 11-unit apartment building north of Palm Beach Boulevard for $120,000.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Stuart S. Golding Co. buys Shoppes At 54

Clearwater developer Stuart S. Golding Co. purchased the 11,723-square-foot Shoppes At 54 retail center on State Road 54 east of Rowan Road for $1.2 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Morgan House owners buy Fort Myers building

Michael and Patti Price, owners of the Morgan House restaurant, purchased a 6,250-square-foot historic building on Patio De Leon from Wachovia Commercial Mortgage for $410,000.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Atco Inc. buys gas station

Sarasota-based gas station company Atco Inc. purchased a 1,400-square-foot BP convenience store on Holmes Beach for $1.23 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Group buys Potter Park office buildings

Palmer Ranch Executive Office Center LLC, a real estate entity led by Stephen Anderson of the Sarasota-based general contractor Anderson & Ellis Inc., purchased two office buildings, totaling 15,987 square feet, on Potter Park Drive north of Central Sarasota Parkway for $800,000.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Motel operators buy U.S. 41 motel

Karl Gerhard, Roger Herber and Karl Vivienne purchased the 28-room Warm Mineral Springs Motel on U.S. 41 for $350,000.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Alliance Group of Tampa Bay buys 131st Avenue flex building

The Alliance Group of Tampa Bay VIII LLC, headed by Armando Flores and Armando Flores III, purchased a 25,500-square-foot commercial building off Ulmerton Road for $1.18 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
Garrison group starts Alafia project

Garrison Developer Group of Florida has started construction on The Preserve at Alafia, a Riverview development with 351 waterfront apartments.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • March 11, 2010
McGarvey Development builds villas in Quail West

Two real estate entities controlled by John McGarvey of McGarvey Development Co. and McGarvey Custom Homes, purchased 45 villa lots in the 1,180-acre Quail West community for $3.23 million.

  • Commercial Real Estate
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