Commercial Real Estate

By Andrew Warfield
June 9, 2024

Lack of control over prominent fairgrounds site irks Sarasota officials

County commissioners learn that as long as the 54-acre parcel near downtown hosts an agricultural fair, it can never reclaimed by the county.

Manatee-Sarasota

By Louis Llovio
June 9, 2024

$120 million hospital project to officially break ground in east Manatee

In the week's top commercial real estate news, a Pinellas County shopping center sells for $7.5 million, a Sarasota condo project sees double and Lee County keeps fighting for discount.

Florida

By Mark Gordon
June 7, 2024

Atlanta firm buys $176M Fort Myers roofing company

New owner seeks to grow within the Sunshine State.

Charlotte–Lee–Collier

By Louis Llovio
June 6, 2024

Clearwater McDonald’s property sells for $3 million

The property was sold as a ground lease sale to a New York investor.

Tampa Bay-Lakeland

By Louis Llovio
June 6, 2024

Real estate exec: Troubled condo market will get worse

As new safety rules take effect, Florida’s condominium owners are struggling to adjust to the cost of the mandates, and a bad hurricane season could make things much worse.

Florida

Andrew Warfield

By Andrew Warfield
June 6, 2024

St. Pete firm starts work on 96-unit affordable housing project in Sarasota

Development on the North Trail will set the tone for affordable housing with a market rate lifestyle.

Manatee-Sarasota

By Elizabeth King
June 5, 2024

The Factory in St. Pete sells, anchor tenant rebrands

A building sale in St. Petersburg resulted in the expansion and rebranding of an immersive art experience.

Tampa Bay-Lakeland

By Louis Llovio
June 4, 2024

Washington D.C. company launches AI chatbot for real estate industry

The free, for now, AI tool is meant to assist real estate professionals with their finances.

Florida

By Louis Llovio
June 2, 2024

Collier County pays $20.77 million for 2,500 acres near Immokalee

In the week's top commercial real estate news, an engineering firm leases more space in Tampa, lots are ready for multifamily development for sale in Sarasota, and Babcock Ranch reaches a milestone.

Florida

By Andrew Warfield
May 31, 2024

Sarasota inks arts center design pact with architect Renzo Piano

After some discord between government funding entities, the vision for Sarasota's new performing arts center on the bayfront moves into its next phase: design.

Manatee-Sarasota

By Louis Llovio
May 30, 2024

Apollo Beach retail center sells as smokestacks come down

The shopping center on U.S. Highway 41 sold for $5.04 million to a South Florida investor.

Tampa Bay-Lakeland

By Louis Llovio
May 30, 2024

Landlords left unpaid, with empty storefronts as bankruptcies rise

Commercial bankruptcies jumped 40% last year, leaving many landlords to deal with the consequences of a complicated process.

Tampa Bay-Lakeland

By Andrew Warfield
May 30, 2024

Post office site pitched for Sarasota convention center

Many proposals, ideas and plans for a convention center in downtown Sarasota, going back 30 years, have been unsuccessful. Some enterprising developers believe they have a way forward.