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Commercial Real Estate

  • By Business Observer Staff
  • December 11, 2009
R.E. Michel Co. Inc. buys Lime Avenue building

R.E. Michel Co. Inc., a Maryland-based wholesale heating, air and refrigeration equipment distributor, purchased a 16,500-square-foot building on Lime Avenue south of Mango Avenue for $1.32 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 11, 2009
Rooms To Go buys Darby, plans store

Seffner-based furniture retailer Rooms To Go Inc. purchased the former Darby Automotive dealership on Tamiami Trail south of Phillippi Street for $6.75 million. The purchase price equated to $1.38 million per acre.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 11, 2009
Richman Group of Florida builds Cross Creek Apts

The Richman Group of Florida Inc. purchased 26.7 acres on Sligh Avenue north of Woodbranch Drive between 78th Street and Maple Lane for $3.55 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 11, 2009
Ohio investment company buys Tampa Sweetbay Plaza

S-O Sweet FL Retail I LLC, a 50-50 partnership of Ohio-based investment and management company Streak Investments and Optimus One, purchased the 56,097-square-foot Sweetbay Plaza on North Dale Mabry south of Columbus Drive for $8.8 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 11, 2009
South Bend's Raitt Corp. buys Cross Creek Shell land

South Bend, Ind.-based real estate company Raitt Corp. purchased a 5,224-square-foot Shell service station and small car wash at the northwest corner of Cross Creek Boulevard and Morris Bridge Road/County Road 579 for $2.4 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 11, 2009
Prudential Palms Realty owner buys Lakewood Ranch Realty

Lakewood Ranch developer Schroeder-Manatee Ranch has agreed to sell its subsidiary Lakewood Ranch Realty Co. to Palms Real Estate Solutions.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 11, 2009
Lee County conservation program buys 293 acres

Lee County government purchased 293 acres of vacant land and wetlands north of Liberty Youth Ranch for $4.44 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 11, 2009
Saltwater Heritage buys Cortez property

The Florida Institute for Saltwater Heritage (FISH) purchased three historic buildings in the Cortez Commercial Fishing Village from Cortez Church of God for $245,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 11, 2009
Sarasota County buys land for Honore-Pinebrook extension

Sarasota County government purchased 43 acres of agricultural land bordering Interstate 75 south of State Road 681 for $3.5 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 3, 2009
City sells Ed Smith to county

The City of Sarasota has officially sold the 53-acre Ed Smith Stadium spring training facility at the southwest corner of 12th Street and Tuttle to Sarasota County for $1.

  • Manatee-Sarasota
  • By Business Observer Staff
  • December 3, 2009
Domino's owner buys Del Prado building

The owners of a four-store Domino's Pizza franchise in Lee County — Nancy Drury and Scott Dennis — traded buildings with Richard Manner of Cape Coral in a move to bring one of their pizza stores directly on to Del Prado Boulevard.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 3, 2009
Kadampa Meditation Center plans Buddhist temple

Kadampa Meditation Center New York purchased a 9,500-square-foot office building on the east side of U.S. 301 between 7th and 8th streets for $1.25 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • December 3, 2009
SantaFe Senior Living buys Bonita Springs land

Bonita Springs Retirement Village Inc., a limited liability company of SantaFe Senior Living, purchased 20 acres that includes Nicola's Liquors on Tamiami Trail near Highland Woods Golf and Country Club for $7 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 3, 2009
Hayes buys MLK building

Nashville-based Hayes Pipe Supply purchased three buildings, totaling 12,731 square feet, on Dr. Martin Luther King Jr. Boulevard near Clewis Avenue for $1.21 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • December 3, 2009
Highwoods Properties buys Westshore offices

Raleigh, N.C.-based Highwoods Properties purchased a 219,815-square-foot, 10-story office building in Westshore for $22.25 million.

  • Tampa Bay-Lakeland
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