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Commercial Real Estate

  • By Business Observer Staff
  • November 6, 2009
Target sells Cypress Creek site back to its developer

National retailer Target Corp. has sold its 16-acre site in Cypress Creek Town Center back to developer The Richard E. Jacobs Group LLC for $4.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 6, 2009
Crossman & Co. redevelops City Plaza at Tampa Palms

Orlando-based Crossman & Co. plans to redevelop City Plaza at Tampa Palms in Tampa.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 6, 2009
Eola, others buy International Plaza Four

IP4 Owner LLC, an investment group composed of Richard Corbett of the Concorde Cos. and Jim Heistand, chairman of the Orlando-based real-estate investment firm Eola Capital, purchased International Plaza Four from Crescent Resources for $25 million.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • November 6, 2009
SKYShades of SW Florida chosen by Yacht Club

SKYShades of Southwest Florida has been chosen as part of the construction team for the Sarasota Yacht Club's new clubhouse facility.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 6, 2009
Kalu Watanabe, others buy Ashton Pointe land

Royal Swazi Ashton LLC, an investment group of Kalu Watanabe and several other Florida financial partners, purchased the 15.38-acre Ashton Pointe planned community on Fielding Lane north of Clark Road and west of Interstate 75 for $526,800.

  • Commercial Real Estate
  • By Business Observer Staff
  • November 6, 2009
Port Dolphin Energy buys interconnection station land

Port Dolphin Energy LLC purchased about four acres on the Northside of Buckeye Road, about 1.5 miles east of U.S. 41 for $438,100.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 5, 2009
Peninsula Bank takes Days Inn, Veranda

Peninsula Bank has taken back the 38-room Veranda Inn and the 73-room Days Inn in Venice in lieu of foreclosure from Best Southwestern Motels for a value of $2.42 million.

  • Manatee-Sarasota
  • By Business Observer Staff
  • November 5, 2009
Mobile Home Depot owner buys retail building

Stephen Guzman's 41 N. Fort Myers Real Estate Investment LLC purchased a 7,000 square foot retail building near the intersection of Pine Island Road and U.S. 41 for $500,000.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 5, 2009
Bank of Naples finishes headquarters

Bank of Naples has completed construction of its headquarters and main banking office at 4099 N. Tamiami Trail. The project began last summer to upgrade the 36,000-square-foot, four-story building.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 5, 2009
Lee County buys 56 acres for preserve

Lee County government purchased 56 acres at the eastern end of the Six Mile Cypress Slough Preserve next to Interstate 75 and north of Penzance Road for $1.5 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • November 5, 2009
Coastland expanding to Bonita Springs

James and Kimberley Walker of Coastland Auto Body in Naples purchased a 12,844-square-foot industrial building on Production Circle east of U.S. 41 for $1.2 million.

  • Charlotte–Lee–Collier
  • By Alex Walsh
  • November 5, 2009
Southern Stability

The management team at Southern Crafted Homes decided to avoid getting swept up in the boom of 2005. By focusing on serving “a different kind of buyer,” the company is already seeing significant sales growth in 2009 — and 2010 could be even better.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • October 30, 2009
Discovery Point franchisee buys child development center

Sarah Bowie and her parents Christopher and Jane Moore purchased a 10,121-square-foot child care center on a Post Oak Boulevard for $2.63 million.

  • Commercial Real Estate
  • By Business Observer Staff
  • October 30, 2009
Franklin Property buys Verizon 56th Street building

Franklin Property & Development Group LLC purchased a 57,347-square-foot, two-story office building at the northwest corner of 56th Street and Serena Drive for $2.6 million.

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • October 30, 2009
Berth 12 dredging work starts at Port Manatee

Construction has started on the first phase of Port Manatee's Berth 12 dredging project.

  • Manatee-Sarasota
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