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Commercial Real Estate

  • By Kevin McQuaid
  • June 21, 2019
New Bradenton Financial Center owner outlines capital improvement plans

Savlan Capital, in the wake of its $14.95 million purchase of the Bradenton Financial Center, the city's tallest office building, intends to invest more than $1 million to upgrade the 33-year-old building's lobby, common areas, restrooms and more.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 21, 2019
Get To Know ... Scott Cietek

Scott Cietek, the new head of the commercial division at Sarasota-based real estate brokerage firm Michael Saunders & Co., joins the firm after a career in the mortgage business and in economic development.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 21, 2019
Encore! Takes a Bow

The Tampa Housing Authority and joint venture partner Banc of America Community Development Corp. are offering lots for sale at Encore!, a former public housing site, to compliment four residential buildings that have been developed at the site of the for

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
Sky's the Limit on Skyplex

The Lee County Port Authority's 1,150-acre business park known as Skyplex is landing major office users like Gartner Inc. and Alta Resources Corp.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
Virage developers planning 34-story tower in Tampa

Arris Tampa, a planned 34-story residential tower from Batson-Cook Development and Ascentia Development Group, aims to capitalize on a growing interest to live in downtown Tampa

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
State legislature trims lease tax for third time

The State Legislature's vote to shave the tax on commercial real estate leases to 5.5% could save many businesses thousands of dollars each year.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 14, 2019
In Focus: Fort Myers

The Lee County submarket of Fort Myers has tempered somewhat in the past year after reaching a number of commercial real estate superlatives

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 7, 2019
Naples firm buys Collier Place office complex

A Naples investment firm has acquired the two-building Collier Place office complex in Naples for $12.85 million, with plans to invest significantly to improve the 62,000-square-foot property.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 7, 2019
Bluerock buys DeSota apartments in downtown Sarasota

Bluerock Real Estate of New York has spent $80.3 million to acquire the 180-unit DeSota apartments in downtown Sarasota at a record price per unit for the city.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 7, 2019
What They're Saying: LSI Cos.

Commercial real estate brokerage firm LSI Cos. says in its first quarter 2019 Market Trends report that it believes Southwest Florida will continue to benefit from in-migration and tourist travel to the area.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 7, 2019
Amazon Ruskin sale shows investors remain bullish on Tampa-area industrial properties

Population growth and changes in the way goods are shipped has prompted investors to flock to Central Florida seeking deals on high-end industrial real estate, such as the Amazon-occupied, 1.02 million-square-foot fulfillment center in Ruskin, purchased r

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 6, 2019
Bromley adds Highwoods Properties to partner network

Highwoods Properties, a North Carolina-based real estate investment trust, has been tapped by Bromley Cos. of New York to develop the first of three office towers in the 22-acre Midtown Tampa development, which is under construction now.

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 3, 2019
Jaxi Builders puts One, Allure sites in Fort Myers on the market

Jaxi Builders abandons plans for two ambitious condo projects in downtown Ft. Myers, One and Allure, and brings sites to market for $16.2 million

  • Commercial Real Estate
  • By Kevin McQuaid
  • June 3, 2019
Tampa hotel company mirrors larger Marriott in experience, values

McKibbon Hospitality of Tampa shares many of the traits, values and successes with Marriott International, one of its largest franchisors

  • Commercial Real Estate
  • By Kevin McQuaid
  • May 31, 2019
Millennium Apartments trades for $62 million

BH Properties of Los Angeles has purchased the Millennium Apartments in Ft. Myers for $62 million, after completing a 99-year-ground lease involving the 298-unit complex.

  • Commercial Real Estate
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