It could be your private island paradise: Offers on 104-acre Little Bokeelia due this week

If you’re in the market for a private island off Florida’s Gulf Coast, you have until Thursday to make an offer on Little Bokeelia.

The 104-acre island between Sarasota and Fort Myers has been on the market for more than two years. It was originally listed with an asking price of $29.5 million, which was dropped to $24.5 million in 2014. Earlier this year, the Michael Saunders & Co. real estate agents who are marketing the property moved the listing to an “immediate sale” and said they would consider… …read more

CEOs, in their own words: 3 quotes you need to know from quarterly earnings calls

Merger and acquisitions in the technology sector are strong. Home sales are hitting new highs, and products of luxury items such as boats are gaining traction.

Those were some of the economic messages in the comments of CEOs of leading Tampa Bay companies in recent quarterly earnings conference calls.

Paul Reilly, CEO, Raymond James Financial (NYSE: RJF): Investment banking revenue in March was more than double the revenue of January and February combined. The strong March for investment banking… …read more

How Florida’s swelling population presents business opportunities

Businesses that make products, the stores that sell them and the real estate professionals who find the sites where they can house their companies are among potential big winners as Florida’s population grows.

Population gains in the Sunshine State are twice those of the national average, said Richard Hokenson, head of global demographic research at Evercore Partners’ International Strategy and Investment business.

In an interview just before speaking to Evercore Wealth Management clients in… …read more

Multifamily development planned across from Oxford Exchange

A South Florida developer is planning a multifamily development across the street from Oxford Exchange.

Altman Development Corp., based in Boca Raton, has asked the city to rezone a 2.51-acre site at 504 Grand Central Ave. to make way for a multifamily development with up to 273 units. (See map below)

The filings do not indicate the height of the proposed development. It would front Grand Central Avenue to the north and Cleveland Street to the south. Residents will enter an internal parking garage… …read more

Tampa Bay’s biggest newspapers put their real estate up for sale

The landmark headquarters buildings that once defined daily newspapers have become a source of capital for a beleaguered industry.

Three daily papers in Tampa Bay have put their real estate on the market, but they’re hardly an anomaly: Newspapers nationwide, from small-town papers to major metro dailies, have been selling off their property for the last few years. Locally, the Tampa Bay Times, the Tampa Tribune and the Sarasota Herald-Tribune buildings have gone up for sale within the last three… …read more

ReliaQuest growth means more fun, more opportunities for learning

Reliaquest

• Big category winner

With 33 employees and a score of 97.29, ReliaQuest is this year’s Big Category winner in Best Places to Work.

And if you ask Scott Noonan, the professional services manager for the IT security consulting firm, a lot of what makes it a great place to work starts with hiring — what he works on for the company.

“I talk to a lot of people,” Noonan said, whether he’s interviewing or evaluating a potential employee.

Noonan has been with ReliaQuest for… …read more

CDW’s family atmosphere starts at the top

CDW

• Bigger category

A sense of family helps maintain the Best Place to Work atmosphere at CDW, a technology services provider in Tampa.

After nabbing the top spot as Tampa Bay Business Journal’s Overall Best Places to Work winner in 2014, CDW is back on the list as the Bigger category winner.

Alex Miles, account manager, says the Best Place atmosphere begins the minute you step off the elevator – from the line of company awards and accolades, to CDW’s receptionist, Carole Snider, who… …read more

Remaining Tampa Bay Albertsons to get a facelift

The three remaining Albertsons stores in Florida are getting a makeover.

The Idaho grocer is closing its store in Clearwater, leaving it with one store in East Largo, one in Altamonte Springs and one in Broward County. All three of those will be remodeled, Albertsons Florida Division President Sidney Hopper said in a statement.

The Albertsons store in Clearwater was the first-ever Albertsons in Florida, according to Supermarket News, an industry trade publication. Nearly 90 employees will be let… …read more

New grocer, more retail in the works for downtown St. Pete

The site of an antiquated office building in downtown St. Petersburg will be redeveloped to include a glitzy new retail center anchored by a grocery store.

The ARC Group Inc., a St. Petersburg-based developer, filed plans with the city on April 16 to add 50,000 square feet of retail space and three levels of parking to the southwest corner of Central Avenue and Seventh Street South. The six-story office building, built in 1968 and owned by ARC, will remain on the site. (See site plan embedded below.)

The… …read more

Pending sale of Container Store-anchored retail center a potential record setter for Tampa Bay

The pending sale of The Corner at Westshore — the retail center anchored by the Container Store — has the potential to be a record setter for Tampa Bay.

Patrick Berman, a senior director of retail brokerage at Cushman & Wakefield of Florida Inc., told the Westshore Alliance’s annual development forum Tuesday that a sale of the property was pending, though he didn’t disclose the buyer or sales price.

The property is being marketed by Marcus & Millichap brokers in Fort Lauderdale and New York.… …read more