Commercial Real Estate

By Business Observer Staff
May 28, 2010

Behringer Harvard, partners buy The Palms of Monterrey

An investment group acquired the fee title to The Palms of Monterrey in Fort Myers for $25.4 million.

Charlotte–Lee–Collier

By Business Observer Staff
May 28, 2010

Piano Distributors will move to Stephen's Furniture building

William Boyce purchased the former Stephens Furniture building in Sarasota for $1.1 million.

Manatee-Sarasota

By Business Observer Staff
May 28, 2010

Southern Technical College buys Grow Financial office

Orlando-based Southern Technical College purchased a 17,022-square-foot office building for $2.5 million.

Commercial Real Estate

By Business Observer Staff
May 28, 2010

Ceviche Tapas owners buy restaurant

The owners of Ceviche Tapas Bar and Restaurants in Florida purchased the 9,056-square-foot Tio Pepe restaurant for $1.2 million.

Tampa Bay-Lakeland

By Business Observer Staff
May 28, 2010

Fort Myers investors buy a trio of buildings on U.S. 41

Real estate investors Keith Campbell and Ted Muftic purchased three office and retail buildings for $2 million.

Commercial Real Estate

By Business Observer Staff
May 28, 2010

Diplomat Taxi owner buys 15th Street warehouse

RP Properties of SRQ purchased a 9,880-square-foot warehouse building for $700,000.

Commercial Real Estate

By Business Observer Staff
May 28, 2010

Jon Swift buys building, plans redevelopment

Jon Swift purchased a vacant 12,851-square-foot commercial building for $1.1 million.

Commercial Real Estate

By Business Observer Staff
May 28, 2010

Investor Group buys Fort Myers office building

The Cambridge Building LLC purchased a 9,600-square-foot office building for $685,000.

Commercial Real Estate

By Carl Cronan
May 28, 2010

Green makes green

Existing office buildings are now pursuing LEED certification. Managers say tenants demand it, but cost savings also motivate those efforts. The economics may be working.

Commercial Real Estate

By Jean Gruss
May 28, 2010

Where's the flood?

Investors raised billions of dollars in anticipation of a flood of distressed commercial real estate for sale at deep discounts. It hasn't happened — yet.