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The Business Observer is the leading provider and most authoritative source of business and economic information affecting the Florida Gulf Coast from Tampa Bay to Naples.
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News
Manatee County label manufacturing company acquired
2+ day, 17+ hour ago (269+ words) Business Observer Manatee County label manufacturing company acquired Nadco Tapes & Labels, a Manatee County-based manufacturer of custom tapes, labels and identification products, has been acquired. JBC Technologies, which specializes in precision die-cutting and is headquartered in North Ridgeville, Ohio, purchased…...
Philadelphia investor pays $29M for Pasco County shopping center
4+ day, 12+ hour ago (204+ words) CenterSquare Investment Management, a suburban Philadelphia real estate firm, has bought the Pasco County shopping center the Hub at Bexley. The firm, according to a statement, bought the 50,300-square-foot Land O’ Lakes shopping center in part because it “fits our…...
Medical office complex in Bradenton sells for $8.35M
1+ week, 3+ day ago (239+ words) Two buildings in Bradenton have sold for a combined $8.35 million, according to SVN Commercial Advisory Group, which brokered the deal. Situated on a 4.2-acre parcel, the properties are 4351 and 4401 Cortez Road W. The seller is Zinnia Center VI, a Lakewood Ranch-based…...
Lakewood Ranch IT company acquires Venice firm
3+ week, 2+ day ago (405+ words) A Lakewood Ranch-based IT and cybersecurity firm has acquired a fellow Sarasota County company. Four Winds IT announced its acquisition of Suncoast IT Consultants on Aug. 18. Financial terms of the deal were not disclosed. The move enables Four Winds to…...
Benderson Development acquires three retail properties in region
3+ week, 4+ day ago (523+ words) Business Observer Benderson Development acquires three retail properties in region East Manatee-based Benderson Development recently acquired three retail properties totaling nearly 350,000 square feet across the region, from Pinellas to Lee County. The acquisitions include shopping centers Venice Market Place and…...
Pasco County apartment complex under construction sells for $16 million
3+ week, 4+ day ago (224+ words) A 384-unit apartment community under construction in Wesley Chapel has sold to a North Carolina multifamily developer. The 19.44-acre Pasco County property at the southwest corner of State Road 56 and Meadow Pointe Boulevard was bought by the Aventon Cos. for…...
New 228-unit apartment community opens in Lakeland
3+ week, 5+ day ago (261+ words) A new 228-unit apartment complex has opened in Lakeland as developers look to meet growing demand for housing in fast-growing Polk County. Hillpointe, a Winter Park-based real estate development and investment firm, announced Monday the grand opening of Pointe Grand…...
North Port daycare property sells for $3.6 million
4+ week, 1+ day ago (136+ words) Marcus & Millichap has closed on the sale of a North Port building leased to La Petite Academy. The firm says the New Jersey buyer, an investor, picked it up as part of a 1031 Exchange for $3.64 million. Sarasota County property records…...
North Port day care property sells for $3.6 million
4+ week, 1+ day ago (136+ words) Marcus & Millichap has closed on the sale of a North Port building leased to La Petite Academy. The firm says the New Jersey buyer, an investor, picked it up as part of a 1031 Exchange for $3.64 million. Sarasota County property records…...