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Commercial Real Estate

  • By Business Observer Staff
  • November 20, 2009
Vision Development buys Sun City Wachovia branch

Orlando-based Vision Development and Management purchased a 3,916-square-foot former Wachovia Bank branch off State Road 674 in front of a Winn-Dixie-anchored shopping center for $570,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 20, 2009
Sunnyridge Farms buys Plant City warehouse

Winter Haven-based Sunnyridge Farms purchased a 51,000-square-foot warehouse building with refrigerated storage on Jim Johnson Road north of Roberts Ranch Road for $2.9 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 20, 2009
Residential Management Inc. buys Fisherman's Landing

Brooklyn, N.Y.-based Residential Management Inc. purchased the 256-unit Fisherman's Landing apartments just north of State Road 582 from Aimco for $14.95 million. The purchase price equated to $53,398 per unit.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 20, 2009
TCB moving to Palmetto

Lindsay Rolfe and Rodney Cole of TCB Products Inc. purchased the 14,016-square-foot former Leather Express building on 17th Street next to 16th Avenue for $700,000. Built in 1975, the building, which occupies a 2.89-acre parcel, houses a 2,016-square-foot office.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 20, 2009
Fort Myers' Fiber Solutions buys new headquarters

The owners of Fort Myers-based communications contractor Fiber Solutions, purchased the 20,000-square-foot former Metro Plumbing flex building on Metro Parkway north of Crystal Drive for $900,000. The purchase equated to $45 per square foot of total building space.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 20, 2009
Marici buys warehouse on Whitfield Park Loop

Marici LLC, a limited liability company run by Celeste Gruenstein, purchased a 9,750-square-foot warehouse in Whitfield Industrial Park near U.S. 301 for $650,000.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 20, 2009
IHOP franchisee buys second Naples location

Sunshine Restaurant Partners, an IHOP franchisee for Florida and Georgia, purchased a 4,050-square-foot former IHOP restaurant building near the intersection of Pine Ridge Road and Whippoorwill Lane for $1.1 million. The purchase price equated to $272 per square foot of building space.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 20, 2009
Williams Parker law firm adds to Cross Street holdings

The Sarasota-based law firm of Williams Parker Harrison Dietz & Getzen purchased a 1,792-square-foot office building on Cross St. in the Burns Court area south of downtown Sarasota for $990,000. The office was best known for housing Kimbrough & Koach.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 20, 2009
Literacy Council buys Old 41 building

The Literacy Council of Bonita Springs Inc. purchased a 10,400-square-foot building on Old U.S. 41 north of Terry Street for $2.6 million. The purchase price equated to $250 per square foot of building space.

  • Commercial Real Estate
  • By Jean Gruss
  • November 19, 2009
Open receiver

Developer Kenneth Saundry Jr. spent 31 years in the real estate business in Florida building homes, RV parks, shopping centers and offices. Now, he's reinvented himself as a court receiver to manage distressed properties.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 12, 2009
Kennedy White Orthopedic Center buys two floors of CattleRidge Medical

The Kennedy White Orthopedic Center purchased the second and third floors — 26,000 square feet — in the CattleRidge Medical Center near the intersection of Bee Ridge and Cattlemen roads for $5.94 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 12, 2009
KAMCO Property Co. buys Manatee Woods, other units

Plano, Texas-based commercial real estate firm KAMCO Property Co. purchased the 212-unit Manatee Woods apartment complex on 4th Avenue Drive and 14 units in the nearby Serendipity condominium for $4.2 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 12, 2009
Brightwork Real Estate leases restaurant to Verizon

Tampa-based Brightwork Real Estate purchased a former Johnny Carino's 6,256-square-foot restaurant building, an outparcel to the Lake Brandon Village shopping center, for $2.3 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 12, 2009
Florida investor group buys Spring Glade apartments

Elster/Rocatica LLC purchased the 78-unit Spring Glade apartments off 22nd Street north of Fletcher Avenue at a foreclosure auction for $915,000.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 12, 2009
Tampa's Merecorp Inc. buys Baywater Apartments

Tampa area investor William Sultenfuss purchased the Baywater Apartments on Waters Avenue near Rustic Drive from the Dinerstein Cos. for $5.95 million.

  • Tampa Bay-Lakeland
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