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Commercial Real Estate

  • By Business Observer Staff
  • December 3, 2009
European, investor buys CVS drug store

Swiss investor Federico Hurth purchased an 11,200-square-foot CVS drug store on Tamiami Trail near Laurel Oak Drive for $5 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • December 3, 2009
Tampa General Hospital buys Kennedy building

Tampa General Hospital purchased the two-story former Bryn-Alan Photography building and several surrounding parcels on Kennedy Boulevard near Brevard Avenue for a total of $5.7 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 25, 2009
Om Ventures, investors buy Tampa's Palms Center

Tampa Palms Center LLC, a partnership of Om Ventures Inc. and a group of investors, purchased the two-building Palms Center office development on Bruce B. Downs Boulevard west of Interstate 75 for $2.7 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 25, 2009
UNI International, NMT moving to St. Pete Beach

The owners of freight forwarders UNI International and NMT USA purchased a two-story 8,176-square-foot office building near the Corey Causeway for $1.16 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 25, 2009
The Richman Group develops Sabal Ridge

West Palm Beach-based The Richman Group of Florida Inc. purchased 19.36 acres at the corner of Dr. Martin Luther King Jr. Boulevard and Clewis Avenue near Interstate 75 for $3.5 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 25, 2009
Kompo Family Co. LLC buys bank headquarters land

Kompo Family Co. LLC, a limited liability company headed by Sarasota chiropractor Dr. Gary Kompothecras, purchased the 1.7 acres housing the corporate headquarters of Community Bank of Manatee for $1 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 25, 2009
Fontanot buys building, considers Mexican restaurant

Manuel Fontanot's Fontanot LLC purchased a 9,313-square-foot building at the southwest end of St. Armands Circle from a Maus family-owned trust for $3 million. The purchase price equated to $322 per square foot.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 25, 2009
Tidewell Hospice buys Lakewood Ranch building

Sarasota-based non-profit Tidewell Hospice purchased the two-story building housing its Lakewood Ranch office for $6.55 million. The purchase price equated to $179 per square foot of building space.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 25, 2009
Alpha-Omega buys 72 units in Reserve at Naples

Naples-based Alpha-Omega Cos. Inc. purchased 72 units in the 300-unit The Reserve at Naples condominium development near Pine Ridge Road for $3.2 million. The purchase price equated to $44,444 per unit.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 25, 2009
Four Danes buy Edgewater Inn

Edgewater Inn LLC, a partnership of four owners from Denmark, purchased the six-unit Edgewater Inn on the western end of Estero Island for $1.2 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 25, 2009
Lee County buys 77 acres from Jamerson Farms

Lee County government purchased 76.69 acres of farmland running along the property line of Jamerson Farms from State Road 82 south to property owned by Florida Rock for $1.69 million. The purchase price equated to $22,000 per acre.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 25, 2009
J.L. Wallace builds Water Field Operations

J.L. Wallace Inc. has been awarded a contract by the City of Cocoa to build the Water Field Operations Center Warehouse in Cocoa.

  • Commercial Real Estate
  • By Mark Gordon
  • November 25, 2009
Workout World

A pair of commercial real estate veterans has formed a business born of the recession, to help banks and landlords navigate the miserable market. It could be a big business.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 25, 2009
Marketplace of Ideas

Florida is one of the leading states in protecting property rights from the ravages of eminent domain. More work remains.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 20, 2009
Developers Diversified Realty buys Lake Brandon Plaza

Retail real estate investment trust Developers Diversified Realty took control of the 197,000-square-foot Lake Brandon Plaza at the intersection of Causeway Boulevard and Providence Road for $18.27 million. The purchase price equated to $93 per square foot.

  • Commercial Real Estate
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