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Adam Hughes
January 13, 2006

Commercial Real Estate Briefs

Pointe Group Management buys Northern Trust buildingCedarwood Development buys more land for MagnoliaBuilder buys historic hotel, plans condominiumsTarragon Corp. buys Naples apartments Boca Raton developer builds shopping centerBoston developer plans mixed-use project in CharlotteThonotosassa warehouseNew York-based company buys Pinellas Park condos

Manatee-Sarasota

Adam Hughes
January 13, 2006

Coffee Talk

Material shortage means more insurance: Sarasota contractor John Proctor recently shared with Coffee Talk an AIG Private Client Group assessment of rising construction costs.Speaking of ballooning construction costs: Developers are usually an upbeat bunch. So Coffee Talk was a little surprised to hear Cleveland developer Joseph Cameratta recently tell a gathering of commercial brokers that the condo party could be on hold for downtown Fort Myers.Internet company for sale: Executives with Fort Myers-based Internet company Miva confirmed widespread speculation they might sell the company.Uncle Sam worries about commercial real estate: There were no bank failures in the United States last year. Federal regulators would like to keep it that way in 2006.Sarasota doing more with less: The Sarasota Convention & Visitors Bureau, which is pushing to increase the Tourist Development Tax from 3% to 4% to increase its marketing efforts, may have a pretty easy time convincing the county commissioners that at least more marketing spending is needed.

News

Adam Hughes
January 6, 2006

Coffee Talk

Chico's picks headquarters builder: One of the Gulf Coast's construction prizes - Chico FAS Inc.'s new corporate campus in Fort Myers – was quietly awarded last month to Owen-Ames-Kimball Company, a Lee County builder.Persistent growth at Persystent: Ray Weadock, founder and chief executive officer of Tampa's Persystent Technology Corp., is bullish on 2006 when it comes to the technology sector.CEOs take on another role: Dean Akers, CEO of Tampa-based laser hair removal chain Ideal Image Inc., recently became chairman of the CEO Council of Tampa Bay Inc.A fork in the curve: Pinellas Park-based bank analyst Richard X. Bove celebrated the arrival of 2006 by questioning conventional wisdom.Amending the amendment?: Physicians and insurance companies pushed an amendment to the Florida Constitution limiting contingency fees for attorneys in medical malpractice cases as a way to reduce new cases and drive down legal costs.What's up with the economy?: George Bernstein, a senior portfolio manager with Bernstein Research and Management, will discuss Florida's economy, with an emphasis on the Tampa Bay area, at a Jan. 18 event at the Hyatt Regency Tampa.

News

Adam Hughes
January 6, 2006

Real Estate Briefs (Lee/Collier)

CAPREIT pays $66 million for 428-unit complexNew York developer to build townhomesMixed-use project planned in Cape CoralElias Brothers to build new corporate headquarters

Charlotte–Lee–Collier

Adam Hughes
January 6, 2006

Real Estate Briefs (Tampa)

North Florida investment group buys apartmentsIndustrial site acquired by national company

Tampa Bay-Lakeland

Adam Hughes
December 30, 2005

Real Estate Briefs (Tampa)

Wells Real Estate buys Tampa CommonsNonprofit organization buys Largo apartment complexSouth Carolina business Buys Pinellas Park property

Tampa Bay-Lakeland

Adam Hughes
December 30, 2005

Real Estate Briefs (Lee/Collier)

Stock Development plans residential communityNew York-based developer to convert apartmentsOntario company buys Cape Coral shopping centerSt. Louis developer planscenter in Fort Myers

Charlotte–Lee–Collier

Adam Hughes
December 30, 2005

Coffee Talk

In 2006, I resolve...Coffee Talk dialed up several Gulf Coast senior executives last week and asked their plans for the next 12 months. Here's what five of them told us what they want and how they're going to get it in 2006:Corey J. Coughlin: President, chief executive, First State Bank, SarasotaDennis Gilkey:President, CEO, Bonita Bay Group, Bonita SpringsGuy King: President, M.E. Wilson Co., TampaWalter Crawford: President, CEO, Heatherwood Construction Co., Bonita SpringsBob Macomber: Chief Executive Officer, Atwell-Hicks, Tampa

News

Adam Hughes
December 27, 2005

Real Estate Briefs (Tampa)

Iowa Firms Acquires Tampa ApartmentsBoston firm buys Tampa warehouseMiami firms buysLargo apartments

Tampa Bay-Lakeland

Adam Hughes
December 27, 2005

Real Estate Briefs (Sara/Mana)

Sarasota Realtor Buys Three Rental ComplexesMCZ/Centrum buys Serenata landPenn-Florida buys out partner, converting apartmentsBlackpoint Group buys more land for business park1350 Main group plans 1740 developmentSarasota Fireplace buys more manufacturing space

Manatee-Sarasota

Adam Hughes
December 27, 2005

Real Estate Briefs (Lee/Collier)

Lowe's Buys 16 acres in CollierHome Depot plans store in Cape CoralMcGarvey Development plansoffice park in Cape CoralKB Home to build Tortuga Reserve in Fort MyersHovnanian buys lotsin Cape CoralDeveloper buys Naples condos

Charlotte–Lee–Collier

Adam Hughes
December 27, 2005

Coffee Talk

Floating into 2006: An expanding Pinellas Park thrift has announced a stock split to help investors who want to get their hands on more shares.Where will PF Chang land?: When John Simon announced a few probable tenants for the Isaac Group Holdings' Pineapple Square project in downtown Sarasota, one name piqued our interest: PF Chang's China Bistro Inc.Next up: the kitchen sink: Neal Communities Inc. has taken another step toward creating a one-stop shop.How to create affordable housing: citrus canker: Add citrus canker to the reasons why development is moving away from Florida's coasts and into rural inland counties.

News

Adam Hughes
December 16, 2005

Real Estate Briefs (Tampa)

National company pays $58.5 million for apartmentsNaples investors purchase Clearwater complex

Tampa Bay-Lakeland

Adam Hughes
December 16, 2005

Coffee Talk (Sara/Mana/Tampa)

Better than Buffet, Branson: The comparison has been made before, but we're just glad he's one of ours.Looking for capital?: The Florida Venture Forum's 2006 conference is Jan. 31-Feb. 1 at the Sawgrass Marriott, Ponte Vedra Beach.WCI stock inflates as competitors deflate: Shares of WCI Communities, the Bonita Springs-based residential builder, got a boost when the company predicted a rosy outlook at its first-ever investor conference in Hollywood earlier this month.How do you pay the bill?: When Charleston Mayor Joseph Riley recently spoke to Sarasota's Downtown Partnership about his suggestions for urban revitalization, Coffee Talk wondered: Who paid for all of Charleston's wonderful improvements touted by the mayor?Make sure you like dad: When entrepreneurs are looking for venture capital, there's a lot more involved than the financial aspects of the transaction.Entrepreneurs speak: The University of Tampa is adding a new wrinkle to its speaker series on entrepreneurship.King of all Bay area media: Joe Redner has done it again.

News

Adam Hughes
December 16, 2005

Real Estate Briefs (Lee/Collier)

Prestige Builders converts Naples apartmentsBonita Springs developer buys land in AlvaFort Lauderdale builder plans Fort Myers homesMinnesota developer buys Naples parcelUS Home plansbuildings at Heritage Bay

Charlotte–Lee–Collier

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Commercial Real Estate Briefs

Coffee Talk

Coffee Talk

Real Estate Briefs (Lee/Collier)

Real Estate Briefs (Tampa)

Real Estate Briefs (Tampa)

Real Estate Briefs (Lee/Collier)

Coffee Talk

Real Estate Briefs (Tampa)

Real Estate Briefs (Sara/Mana)

Real Estate Briefs (Lee/Collier)

Coffee Talk

Real Estate Briefs (Tampa)

Coffee Talk (Sara/Mana/Tampa)

Real Estate Briefs (Lee/Collier)

Report: Tampa No. 2 retail real estate market nationwide

Longboat Key to get first-ever Goodwill store

$74M Naples botanical garden names interim CEO

Sarasota County buys 3.59-acre Venice waterfront property

Naples senior center founder, prominent social services advocate dies at 75

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