Commercial Updates

WEEK OF JULY 24th, 2023

NEWS

RETAIL

bulletBradenton Beach commissioner buys former bank for $4.75M....Read More
bulletNew Bradenton convention center hotel will be a resort 'destination'....Read More
bulletNorth Carolina-based oyster restaurant chain plans Tampa Bay market debut....Read More
bulletDel Taco expands in Bradenton with a new 'Fresh Flex' restaurant....Read More

DEVELOPMENT

bulletBradenton, Sarasota County move ahead slowly after deals with public buildings....Read More

GENERAL

bulletTop commercial real estate transactions for June 27 to July 3....Read More
bulletReal estate conference paints Sarasota market as 'normalizing'....Read More

 

WEEK OF JULY 17th, 2023

NEWS

RETAIL

bulletBank buys Sarasota building for $235K, plans full-service banking center....Read More
bulletNashville fast-food chain to open first Tampa location....Read More
bulletOutback Steakhouse plans new Bradenton-area restaurant. It's coming to a growth hotspot....Read More

DEVELOPMENT

bulletTwo more development projects recommended for East County....Read More

GENERAL

bulletTop commercial real estate transactions for June 20-26....Read More
bulletManatee County explores transforming commercial space in Whitney Plaza....Read More
bulletBradenton rental market, Southwest Florida among most competitive in the U.S.....Read More

WEEK OF JUNE 26th, 2023

NEWS

RETAIL

bulletOcean Prime restaurant will come to The Quay....Read More
bulletGolf entertainment venue hires 400 as it readies eigth Florida location....Read More
bulletOsteris 500 set to open at Waterside Place in Lakewood Ranch....Read More
bulletItalian restaurant, deli brings slice of New York to east Bradenton....Read More

DEVELOPMENT

bulletConstruction begins on $20 million Cape Coral food truck park, marina....Read More
bulletDevelopers of big downtown Sarasota parcel look to spring 2024 opening....Read More

GENERAL

bulletTexas company pays $13.75 million for former Donzi property in Manatee....Read More
bulletTop Commercial Real Estate Transactions for May 30 to June 5....Read More

 

WEEK OF JUNE 19th, 2023

NEWS

RETAIL

bulletStoried Pizzeria from Youngstown Ohio plans first Florida location....Read More
bulletGrand opening planned for new Bradenton grocery store....Read More
bulletEmmy award winner brings Southeast Asian cuisine concept to Tampa....Read More
bulletNancy's Bar-B-Q is moving from Lakewood Ranch back to downtown Sarasota....Read More

DEVELOPMENT

bulletManatee County OKs a new housing development in Myakka with designer golf course....Read More
bulletNew high rise condos on Bradenton's El Conquistador? Neighbors protest development plans....Read More

GENERAL

bulletTop Commercial Real Estate transactions for May 30 - June 5....Read More
bulletOpponets to planned SR 64 car delaership out of legal options....Read More
bulletDelray Beach investor pays $16 million for Naples industrial building....Read More
 

WEEK OF JUNE 12th, 2023

NEWS

RETAIL

bullet Late-night hot chicken brand expands to Tampa....Read More
bullet New 4-story hotel planned on SR 70 near Bradenton, Lakewood Ranch....Read More
bullet Anna Maria Oyster Bar opens new restaurant and a fifth location. Another is on the way....Read More

DEVELOPMENT

bullet Planned downtown tower, Tamiami apartments propose big design changes....Read More
bullet New grocery store, residences transform upper Main Street....Read More
bullet Developers may face new requirements in CBA process....Read More

GENERAL

bullet Top commercial real estate transactions for May 23-29....Read More
bullet Q&A: Michael Saunders discusses downtown Sarasota consolidation, future of yellow offices....Read More
bullet Federal Reserve takes a break, but It sees higher rates ahead....Read More

WEEK ENDING JUNE 9th, 2023

RETAIL

bullet Tapas restaurant to open in downtown Sarasota....Read More
bullet Upscale steakhouse Frankie's Italian Chophouse coming to 4th Street in North St. Pete....Read More
bullet Nostalgic summer camp-themed bar coming to the Grand Central District....Read More
bullet Fee hike proposed on downtown restaurants with sidewalk seating....Read More

DEVELOPMENT

bullet Tampa development to bring YMCA, hotel, apartments to historic neighborhood....Read More
bullet Downtown Sarasota development gets $130 million construction loan....Read More
bullet Developer buys 3.1 acres in downtown Sarasota for $32M....Read More
bullet Bradenton developer to build two downtown St. Pete apartment buildings....Read More

GENERAL

bullet Manatee County hopes to purchase Mixon Fruit Farms in timely manner....Read More
bullet Community bank adds SBA lending unit....Read More
bullet State Road 70 improvements prioritized for 2024....Read More
bullet Multimillion-dollar gym to open in North Manatee County....Read More

WEEK ENDING MAY 26th, 2023

RETAIL

bullet  23,000-square-foot grocery store coming to downtown Sarasota....Read More
bullet Pasco County mall sells for $70.5 million....Read More
bullet More restaurant choices headed to East County....Read More
bullet Brandon mall acquired for $220 million....Read More

DEVELOPMENT

bullet Massive development to bring nearly 2,100 apartments to St. Pete's Skyway Marina District....Read More
bullet 35 story apartment tower planned near the Museum of the American Arts and Crafts Movement in downtown St. Pete....Read More
bullet County OKs 5,300 new homes, East River Ranch development near Bradenton area racetrack....Read More

GENERAL

bullet Top SWFL Commercial Real Estate Transactions for May 9-15....Read More
bullet Tampa neighborhood continues to be a CRE bright spot....Read More
bullet Downtown condo moves closer to final approval as neighbors object....Read More
bullet Historic Sarasota building sold for $17M - a year after buyer backed out....Read More
Week of May 15th, 2023

RETAIL

bullet Sarasota dog bar announces opening date
bullet Soap company adds trio of stores across Florida
bullet Peach's in Creekwood Crossing reopens after nearly two years
bullet New flagship Fleming's steakhouse coming to UTC
bullet New Lakewood Ranch development is getting a Tommy Bahama 
DEVELOPMENT
bullet 303 luxury apartments coming to Venice
bullet Developer reveals transformative plans for Sarasota Square mall
bullet Feldman Equities, PGM bid for 800 Block site
GENERAL
bullet Top Commercial Real Estate Transactions for May 2-8
bullet County reinstates full Economic Development Corp. funding, for now
bullet Michael Saunders & Co. has consolidated its downtown Sarasota offices
bullet Sarasota Ranked No. 5 Best Place to Live in the U.S.
bullet $26.8 million awarded for road project to address Lee County growth

2023 Regional Competitiveness Summary Report

WEEK ENDING MAY 12th, 2023

RETAIL

bullet Major Midwest hardware retailer buys land in Manatee
bullet Juicys to Open First Brick-and-Mortar in Bradenton
bullet Sarasota-Manatee market to get new Trader Joe's
bullet Fort Myers expands list of tenants with two restaurants
bullet Bradenton's first Sprouts Farmers Market grocery store now has an opening date

DEVELOPMENT

bullet Pinellas County approves $12.5 million for new affordable housing developments
bullet Updated incentives could bring affordable housing to East Bradenton
bullet Clearwater developer proposes mixed-use development in downtown St. Pete
bullet Downtown luxury condo supply remains shy of demand

GENERAL

bullet Top Commercial Real Estate Transactions for April 25-May 1
bullet Incentive program may breathe new life into South St. Pete projects
bullet Neighbors ask city to block construction of 18-story downtown condos
bullet Famed paint brush manufacturer moving to Pinellas
bullet Luxury SWFL builder moves into new HQ, adds roofing division

Commercial Update 5/5/2023

RETAIL

bullet Ed's Tavern to open a second location in Lakewood Ranch
bullet Longtime Cortez restaurant The Shack goes up for sale along with marina
bullet Frankie's Italian Chophouse to open in St. Pete
bullet Shack Yoga + Fitness opens second location in Waterside Place
DEVELOPMENT
bullet Homebuilders of 460 homes near sellout in Parrish community
GENERAL
bullet Top Commercial Real Estate Transactions for April 18-24
bullet Benderson buys Sarasota shopping center for $14.4 million
bullet Sarasota Orchestra closes on $14 million site purchase on Fruitville
bullet Report: Business rent deliquency rate hits nearly 40%
bullet Investor using three LLCs buys Bradenton shopping center for $12.1M
bullet Federal Reserve pushes interest rates above 5% for the first time since 2007

 

Commercial Update 4/24/2023

RETAIL

bullet Bed Bath & Beyond shuttering 41 Florida stores might benefit landlords
bullet Roaring '20s-inspired restaurant to open in downtown Tampa
bullet 'Quaint' restaurant concept plans approved on Longboat Key
bullet Two more Peach's restaurants to reopen in Bradenton, 3 years after closing for COVID
LAND/DEVELOPMENT
bullet Fort Myers Beach Margaritaville resort project hits milestone 
bullet Market forces $400 million development to scale down
bullet Affordable housing and tiny homes for homeless veterans could be coming to Bradenton
GENERAL
bullet Top Commercial Real Estate Transactions for April 11-17
bullet Texas pool company leases 28,000-square-foot warehouse in Fort Myers
bullet $39M aquatics/racket sports complex advances in Manatee County
bullet Michael Saunders & Co. to combine two Longboat Key sales offices
bullet Bradenton-based IMG Academy sold in $1.25B deal
bullet National real estate CEO's: Inventory shortage puts market in a bind

 

Commercial Update 4/17/2023

RETAIL

bullet Trio of drug store deals totals nearly $17 million
bullet Manatee brewery plans kitchen expansion to mark 5-year anniversary
bullet On the Menu: Wine bar debuts, Munch's hints at new future
LAND/DEVELOPMENT
bullet Hotel, housing and retail development chosen for Bradenton City Hall site
bullet Lakewood Ranch expansion includes plans for another Del Webb retirement community
bullet Central Plaza plans signify transformation of district
bullet Chicago developer closes on land for 22-story tower
GENERAL
bullet Gulf Coast Commercial Real Estate Transactions April 4-10
bullet 214,000-square-foot Tampa industrial building sells for $22.95 million
bullet Furniture store to expand again with 175,000-square-foot warehouse
bullet Sarasota EDC working with 70 companies that want to move here
bullet 2023 Golden Herald Awards honor students for service to their schools and community

 

Commercial Update 4/7/2022

RETAIL

bullet Five parcels of former Goodyear Rubber HQ to become retail space in Grand Central
bullet Tropical-themed cocktail bar to open Friday in downtown Sarasota
bullet Owen's Fish Camp plans second location
bullet New Kilwins opens in Siesta Key Village
LAND/DEVELOPMENT
bullet 120,000-square-foot retail and commercial center planned for Babcock Ranch
bullet Fort Myers Beach forever changed as developers swoop in
GENERAL
bullet Gulf Coast Commercial Real Estate Transactions March 21-27
bullet Sarasota County land-buying fund may run dry by 2029
bullet Overpass connecting Lakewood Ranch, UTC awaits approval
bullet Michael Saunders makes top 500 real estate ranking
NEW MS&C COMMERCIAL LISTINGS
bulletVacant Land: 208 Rotonda Boulevard West, Rotonda West, FL 33947