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Business Observer 10.28.22

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OCTOBER 28 - NOVEMBER 3, 2022 | THREE DOLL ARS

FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E

Deals | Tech company logs into a lucrative offer to go from public to private. PG.10 PASCO • H ILL SBOROUG H • PIN ELL AS • P OLK • M A N ATEE • SA R ASOTA • C H A R LOT TE • LEE • COLLIER

Money Talks The Florida gubernatorial race, at least when it comes to campaign finance, heavily favors the incumbent. SEE PAGE 14

ILLUSTRATION BY LUIS TRUJILLO

HURRICANE RECOVERY

COMMERCIAL REAL ESTATE

ECONOMY

Stay Strong

Cool Beans

What Lies Ahead

Sout hwest Flor ida ent repreneu r delivers hope, and some needed donations, with a box of chocolates. PAGE 3

Cof fee-lov ing couple ta kes t heir biggest step yet, with a brick-and-mortar cafe location. PAGE 7

REAL ESTATE

A trio of economists debate a core question of 2022, likely to linger into 2023: Are we in a recession? PAGE 12

AGRICULTURE

STRATEGY

COMMERCIAL REAL ESTATE

Pulp Fiction

Big Payday

Noodle It

Owners of a well-known Bradenton fruit farm and tourism site consider a possible sale of the property. PAGE 3

Colorado fast causal pasta chain t a r ge t s Ta mpa B a y r e g ion for significant expansion. PAGE 16

Pinellas County auto dealership land sold for $7 million. 17 Sarasota city officials nix some obstacles to affordable housing. 18

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DON’T MISS

Investors aim to take Fort Myersbased cancer treatment firm public in $500 million deal. PAGE 8

Three Lee County land deals total $55 million. 17


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