Commercial Real Estate

By Business Observer Staff
October 31, 2014

Fort Myers developers buy restaurants to build 10 waterfront homes

Terry Persaud and his business partner developer/real estate agent Joe Orlandini purchased 3.49 acres of beachfront property for $8 million.

Charlotte–Lee–Collier

By Business Observer Staff
October 31, 2014

Amera Corp., Barron Real Estate planning Restaurant Row Naples

An affiliate of Amera-Barron, a venture of Coral Springs-based Amera Corp. and Fort Lauderdale-based Barron Real Estate Inc., purchased 4.53 acres of vacant commercial land for $2.6 million.

Charlotte–Lee–Collier

By Business Observer Staff
October 31, 2014

Tampa's Arcis Investments buys New York Life Insurance building

Tampa-based private equity investor Arcis Investments Inc. purchased a 21,595-square-foot office building in the Westshore Central Business District for $2.23 million.

Tampa Bay-Lakeland

By Business Observer Staff
October 31, 2014

UBS Realty Investors affiliate pays $111.5 million for Crescent Bayshore

An affiliate of UBS Realty Investors LLC purchased the recently completed 367-unit Crescent Bayshore apartment community for $111.5 million.

Tampa Bay-Lakeland

By Business Observer Staff
October 31, 2014

Bradenton's Mermaid Manor mobile home park sells for $2.1 million

A company led by Wisconsin attorney Michael Hickmann and a separate company led by Cindy McFerrin, a Realtor with Future Home Realty, purchased the 80-lot Mermaid Manor mobile home park for $2.1 million.

Manatee-Sarasota

By Business Observer Staff
October 31, 2014

Healthcare Trust of America buys Trilogy Center II medical building

Healthcare Trust of America Inc. purchased the two-story Trilogy Center II medical office and ambulatory surgical center for $17.3 million.

Tampa Bay-Lakeland

By Business Observer Staff
October 24, 2014

California REIT buys two Tampa area assisted-living facilities

Sabra Health Care REIT Inc. purchased two Gulf Coast assisted-living facilities for $21.3 million. The Irvine, Calif.-based real estate investment trust purchased the 86-bed Delaney Creek Lodge in Brandon for $11.12 million and 85-bed West Winds Assisted Living Facility in Zephyrhills for $10.22 million.

Commercial Real Estate

By Business Observer Staff
October 24, 2014

Vandyk Group of Cos. buys Seafood Shack, Cortez Village property

Canadian developer Vandyk Group of Cos. purchased about 6.06 acres of waterfront land on Cortez Village just before the bridge to Bradenton Beach for $4 million.

Manatee-Sarasota

By Business Observer Staff
October 24, 2014

IP Capital Partners pays $49M for nine of Parkway Properties' buildings

Boca Raton-based real estate investment and asset management firm IP Capital Partners LLC purchased nine Tampa office buildings for $48.7 million.

Tampa Bay-Lakeland

By Business Observer Staff
October 24, 2014

HealthCap Partners LLC buys Riverwalk Professional Center

Dallas-based private equity firm HealthCap Partners LLC purchased a 24,174-square-foot Riverwalk Pro

Charlotte–Lee–Collier

By Business Observer Staff
October 24, 2014

Super 8 motel owner buys Rodeway Inn

Hotelier Girish Patel of Bradenton purchased the 97-room Rodeway Inn in Sarasota for $2.4 million.

Manatee-Sarasota

By Business Observer Staff
October 24, 2014

Blue Rock Partners, Highgate buy Village at Brandon Apartments

A joint venture of Tampa-based Blue Rock Partners LLC and Chicago-based Highgate Capital Group purchased the 112-unit The Village at Brandon Apartments for $10.43 million.