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More News

  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Temp hiring may be good sign

When you rely on economists for economic projections, you're betting on massive trends. GDP. Unemployment rates. Inventories.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Reality called; No one home

Sarasota City Commissioners got their anti-business, anti-jobs, anti-economy reputation the old-fashioned way — they earned it.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Where was Mr. Sunshine?

Ray Judah, the chairman of the Lee County Commission and longtime environmental advocate, faulted Gov. Charlie Crist for missing Barack Obama's visit to Arcadia recently.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Economic Snapshot: Retail Activity

Every area of the Gulf Coast reported smaller decreases in the retail index than the state (-7.3%), a sign that this coast may have seen the worst of the retail problems.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Lee County hits another epicenter

It seems Lee County is always at the epicenter of something bad lately. First it was foreclosures. Now, it's health care.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Commercial broker goes outside

A rumor circulating around the Sarasota commercial real estate community regarding the demise of Abbey Realty & Management is false, the firm's majority owner tells Coffee Talk.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Bank in crisis mode gets a new leader

In a byproduct of the recession, banking regulators stiff-armed Tony Leo in his attempts to open a new bank in Sarasota.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
$24K per clunker claim fuels White House backlash

The federal government's $3 billion investment in last summer's Cash for Clunkers program ended up costing taxpayers $24,000 per vehicle that would not have been sold anyway, according to an analysis by an Edmund.com team of Ph.Ds and statisticians.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 5, 2009
Homeowners, 21st Century talks perplexing

The target called the offer “wholly inadequate.” The potential buyer said the behavior was “absolutely stunning.”

  • News
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