Commercial Real Estate

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By Business Observer Staff
October 30, 2009

Bogey's Restaurant, Sports Pub buys original, Venice building

Albert Myara's Bogey's of Venice Holdings LLC purchased the 4,692-square-foot Bogey's Restaurant & Sports Pub building at the southwest corner of Venice Avenue and Florida 45 for $850,000.

Manatee-Sarasota

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By Business Observer Staff
October 30, 2009

CVS Pharmacy buys land for third Immokalee Road store

Woonsocket, R.I.-based drug store company CVS Pharmacy purchased several acres at the corner of Immokalee Road and Randall Boulevard for $2.5 million.

Charlotte–Lee–Collier

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By Business Observer Staff
October 30, 2009

Turf company Bethel Farms buys 300 acres of cattle land

Arcadia-based Bethel Farms purchased 307 acres of grazing and wilderness land on Ryals Ranch and Knotts Berry roads for $1.13 million. The purchase price equated to $3,659 per acre.

Commercial Real Estate

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By Business Observer Staff
October 29, 2009

Evergreen, Northview buy Lofton Place

Evergreen Residential and Northview Capital purchased the Lofton Place apartments on Deerbrooke Creek Circle north of Gunn Highway from Equity Residential for $16 million.

Commercial Real Estate

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By Business Observer Staff
October 29, 2009

Bradenton plastic surgeon buys medical building

Bradenton Plastic Surgery Center LLC, a limited liability company managed by Bradenton plastic surgeon Dr. Enrique Fernandez, purchased a 2,560-square-foot medical office building on 59th Street north of 17th Avenue for $642,500.

Manatee-Sarasota

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By Business Observer Staff
October 29, 2009

SDG Apartments buys Sundance Grove

SDG Apartments LLC, a limited liability company owned by Richard Riffel, purchased the Sundance Grove apartment complex on Mall Drive next to the Edison Mall for $3.6 million.

Commercial Real Estate

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By Bloomberg News
October 29, 2009

Steals for the Patient

George Comfort & Sons bought Manhattan's Worldwide Plaza for a fraction of its previous price. But it is 40% empty and the city's market is glutted.

Commercial Real Estate

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By Jean Gruss
October 29, 2009

Narrow the Spread

The spread that separates buyers and sellers of commercial real estate is starting to narrow. Two recent apartment deals may be an indicator of future activity, but not a recovery.

Charlotte–Lee–Collier

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By Alex Walsh
October 29, 2009

Cash Flow Community

At a time when foreclosure and delinquency are hitting the state hard, a focus on owner-occupied homes has had a dramatic impact on the financial viability of the Bridgewater community.