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Tampa Bay–Lakeland

    By
  • Kevin McQuaid
  • January 9, 2019
Top Deals Southwest Florida 2018

A high-end resort topped the list of commercial real estate sales in Southwest Florida in 2018, but apartments continued to attract the majority of investors.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • January 9, 2019
"Nothing Else Like It"

After being owned by a single family for 60 years, the former Musgrave Dairy property in Manatee County north of Lakewood Ranch is being marketed for sale. Commercial real estate brokerage Marcus & Millichap expects it will sell for more than $70 million.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • January 9, 2019
Rainier buys Woodlands Square for $64 million

A Dallas-based investment firm has spent $64 million to acquire the Woodlands Square Shopping Center in Oldsmar in the wake of a multimillion renovation.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • January 9, 2019
Troubled Sears offering to sell Gulf Coast stores

Sears intends to sell or auction eight Gulf Coast Sears and Kmart stores in the first quarter of next year.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • January 9, 2019
Financing in place, $350 million tower project enters new phase

Developers of the $350 million Riverwalk Place condo tower in downtown Tampa, Florida, have secured $24.5 million in construction financing from Mosaic Real Estate Credit LLC.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • January 8, 2019
Area hotel management firm snags Miami Beach executive

Tampa, Florida-based Mainsail Lodging & Development has hired Brad Hayden as vice president of finance.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • January 7, 2019
Tech giant shutters office in region, but will remain in area

L3 Technologies, a supplier of detection and security technology to the federal government and armed forces, has leased the fifth and sixth floors of the Tampa Bay Times building, located at 490 1st Ave. S., in downtown St. Petersburg, Florida.

  • Tampa Bay-Lakeland
    By
  • Kevin McQuaid
  • January 4, 2019
On the Cusp

The $3 billion water Street Tampa project will see its first real vertical construction in the coming year, as a half doze new projects are now being built within the 53-acre project.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • January 3, 2019
Specialty grocer sets grand opening for latest store in area

Sprouts Farmers Market has scheduled a Jan. 16 grand opening for its Clearwater store, located at 23656 U.S. Highway 19 N., beginning at 7 a.m.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • January 3, 2019
Condo community sells for $10M, will become student housing

Park Place, a 92-unit condominium community located at 3400 Fletcher Ave., directly across from the University of South Florida’s Tampa, Florida, campus, has been sold for $10 million to a developer who plans to turn it into student housing.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • January 2, 2019
Health care system makes name change official

Florida Hospital facilities across the state have officially transitioned to the AdventHealth name and brand as part of a plan announced last year by the hospital network’s parent company, Adventist Health System, based in Altamonte Springs, Florida.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • January 2, 2019
Discount carrier launches nonstop route to Canada

Discount carrier flair Airlines has begun to offer direct flights from St. Pete-Clearwater International Airport in St. Petersburg, Florida, to Winnipeg International Airport in Winnipeg, Manitoba.

  • Tampa Bay-Lakeland
    By
  • Kevin McQuaid
  • December 28, 2018
Apartments dominate, but resorts rise

This year's top commercial real estate sales differed from recent years past in that resorts topped the list in each of the three Gulf Coast submarkets

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • December 28, 2018
Top commercial real estate deals for 2018 in Tampa Bay

A high-end resort topped the list of commercial real estate sales in the Tampa Bay area in 2018, but significant office sales and apartment projects also cracked the top five transactions list.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • December 21, 2018
Adaptive Reuse

In an example of adaptive reuse, Transwestern Development Co. intends to revamp the former Golf Club at Bridgewater in Lakeland into a 1 million-square-foot industrial park aimed at e-commerce tenants.

  • Commercial Real Estate
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