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Commercial Real Estate

  • By Kevin McQuaid
  • August 31, 2018
Gulf Coast hotel sales climb into new territory

The $171 million sale of the Ritz-Carlton Sarasota resort, among other hotels, shows that Gulf Coast lodging properties are gaining in popularity among institutional investors such as real estate investment trusts.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 31, 2018
Teachers Insurance buys St. Petersburg apartments

Teachers Insurance & Annuity Association pays $81.1 million for St. Petersburg apartment complex Fusion 1560, in one of the largest multifamily rental transactions in the Tampa Bay area this year.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 31, 2018
Central Florida leases pair of buildings at Commerce center

Central Florida Development has fully leased a pair of speculative industrial buildings it constructed in the Central Florida Commerce Center,in Lakeland

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 31, 2018
AAA completes relocation to Renaissance Center in Tampa

AAA relocates 750 workers to new office space in Tampa's Westshore Business District after fully leasing a speculative building that New Jersey-based Vision Properties developed at the 71-acre Renaissance Center business park.

  • Commercial Real Estate
  • By Andrew Warfield
  • August 31, 2018
Paradise preserved

Dennis Fullenkamp seeks to spur redevelopment in North Fort Myers by re-imagining the defunct Paradise Preserve into Paradise Isle.

  • Commercial Real Estate
  • By Brian Hartz
  • August 31, 2018
Skin deep: Renovation brings the past to life

Clearwater, Florida-based lighting manufacturer Zaniboni Lighting has spared no expense on the renovation of its headquarters, which just so happens to be the ancestral home of the Clearwater police and fire departments, a building that dates back to 1928

  • Tampa Bay-Lakeland
  • By Grier Ferguson
  • August 31, 2018
Key developments in downtown Bradenton could help usher in more vibrant city core

Leaders explain what they’re most excited about in downtown Bradenton — and why these changes will have a big impact on the area’s future.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 29, 2018
Tampa Bay Bucs executive buys iconic area hotel

Tampa Bay Bucs executive buys famed Vinoy Renaissance resort in St. Petersburg, the latest in a string of high-profile lodging deals.

  • Tampa Bay-Lakeland
  • By Business Observer Staff
  • August 24, 2018
Price is no object

Naples neighborhood tops ranking of great 11,000 in the U.S.. Median home price is a low factor.

  • Transactions
  • By Kevin McQuaid
  • August 24, 2018
MacFarlane Barney Development hopes Prima Luce will be a source of light

MacFarlane Barney Development expects to start construction on Prime Luce, a 220-unit condo project, by the end of this year, but competition among high-end developments for buyers in Fort Myers could slow its work.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 24, 2018
Pair of Fort Myers, Estero apartments fetch $100 million in sales

A pair of Lee County apartment complexes trade for $100 million, a further sign that investor demand for multifamily rental projects in Fort Myers and Estero remain in demand

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 24, 2018
McKibbon Hospitality ramping up hotel development

McKibbon Hospitality hires industry veteran Rod Radcliff as vice president of development to finish Hotel Arras project in North Carolina and to beef up the company's third-party development services division, spun off in January.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 24, 2018
Bromley may hire Concord for Midtown Tampa hotel project

Bromley Cos. is negotiating to add Concord Hospitality Enterprises of Raleigh, N.C. to its roster of partners at its $500 million Midtown Tampa project

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 24, 2018
Commercial Question of the Week

Officials from CBRE, Skanska USA, Lantower Residential and Ryan Cos. weigh in on whether a labor shortage or government tariffs pose a bigger threat to the current commercial real estate growth cycle in Florida.

  • Commercial Real Estate
  • By Kevin McQuaid
  • August 17, 2018
South Real Estate Group focused on Southwest Florida — for now

South Real Estate Group, formed in 2015 by John Conroy and his father, prominent Naples real estate attorney J. Thomas Conroy III, has focused on building a portfolio of tenant-driven retail and office projects in Lee and Collier counties.

  • Commercial Real Estate
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