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Tampa Bay–Lakeland

  • For Subscribers Only
    By
  • Steven Benna
  • June 17, 2024
The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A pair of hotels in Fort Myers sold for over $40 million to highlight transactions.

  • Transactions
  • For Subscribers Only
    By
  • Louis Llovio
  • June 16, 2024
Developer pays nearly $18M for 195 acres along I-75 in Punta Gorda

In the week's top commercial real estate news, a Sarasota tower is approved, four Tampa properties are included in $1.5 billion portfolio sale, and a Cape Coral pizza joint opens.

  • Florida
  • For Subscribers Only
    By
  • Louis Llovio
  • June 15, 2024
City vote on Rays stadium, development a 'regulatory' but hopeful step

After years of fighting to get a new stadium built in the city, or elsewhere, a St. Pete City Council vote last week is a positive, though tentative, step forward for the team and its fans.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • June 14, 2024
Florida business owner charged with running human trafficking ring

The attorney general highlighted a human trafficking case out of spas in Manatee and Hillsborough counties in pointing to the need for a newly formed state task force.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • June 13, 2024
Minnesota firm closes $570M deal for Tampa elevator company

A $570 million acquisition of Tampa elevator maintenance and repair firm Elevated Facility Services Group has closed.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • June 13, 2024
New VR attraction will let you fight zombies in downtown St. Pete

A chain of virtual reality entertainment centers is opening on Central Avenue later this month.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • June 13, 2024
PIE airport passenger traffic up 5% in May

More than 214,000 travelers passed through St. Pete-Clearwater International Airport last month.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • June 13, 2024
Tampa bank division embarks on community association expansion

American Momentum Bank plans to target Texas first, then other areas of the country, in an effort to gain more property management clients.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • June 12, 2024
Report: Cape Coral-Fort Myers construction jobs up nearly 35%

Construction jobs have increased by 34.7% in one area of the Gulf Coast since 2019, according to ABC Florida Gulf Coast.

  • Florida
  • For Subscribers Only
    By
  • Louis Llovio
  • June 12, 2024
Ybor City-adjacent apartments sell to South Carolina investor

The Lector 85 apartment community is about a mile from the historic district in Tampa and not far from downtown.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • June 12, 2024
Report: Trouble lurks for big banks with big CRE loan overexposure

Billions of dollars in property financing will mature by 2026. For banks seeped in commercial real estate loans, this poses some outsized risks.

  • Florida
  • For Subscribers Only
    By
  • Mark Gordon
  • June 11, 2024
Tampa digital payments firm picks up $50M investment

Restaurant and retail digital payments firm Mad Mobile has picked up $50 million in financing from Morgan Stanley Expansion Capital and Bridge Bank.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • June 11, 2024
COVID fraud lands Riverview, Fort Myers men in federal prison

Two men were sentenced to federal prison this week in separate cases stemming from criminal charges for using ill-gotten COVID relief fraud for personal use.

  • Florida
  • For Subscribers Only
    By
  • Louis Llovio
  • June 11, 2024
Once-booming Big Storm Brewing faces eviction, lawsuit and closures

The Clearwater-based brewer and distiller, which has shut three of its five taprooms in a year, is facing off against a disgruntled investor as second landlord in a year says the company didn’t pay rent.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • June 10, 2024
Sarasota’s Detwiler’s says no plans for St. Petersburg store — for now

The family-owned and operated grocery store chain says that despite reports it does not have plans for a St. Petersburg store.

  • Manatee-Sarasota
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