AU G U S T 7 - AU G U S T 13 , 2020 | TH R E E D O LL A R S
FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E
Strategies | Medical marijuana industry players capitalize on burning demand. PG.12 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
FRESH
MAKERS Nimble food manufacturer on the cusp of growing sales 1,000% in two years, to $10 million, faces another hill of obstacles. SEE PAGE 14
Rob and Tracy Povolny | FRESCO FOODS
DATA SNAPSHOT
STRATEGIES
COMMERCIAL REAL ESTATE
Protective Posture
Nurture and Nature
On Track
Valley National Bank, a relatively new player to the Florida banking scene, is a statewide leader in PPP loans. PAGE 6
Fast-growing Tampa biotech company planning an IPO adds another element: manufacturing landlord. PAGE 8
Highly anticipated redevelopment project in downtown St. Pete seeks to overcome delays. PAGE 16
REAL ESTATE
MANUFACTURING
COMMERCIAL REAL ESTATE
30 for 30
Word Association
Hope for the Best
Sarasota-Bradenton area real estate broker Kim Ogilvie has had a solid of run of success, despite the pandemic. PAGE 7
Some retail industry brokers, looking out a year or so, find some reasons to be cautiously optimistic. PAGE 18
Midtown Tampa names general manager. 16 Construction underway on speculative Lakeland industrial project. 17 Investor buys Sarasota apartment project for $60.4 million. 19
PAGE
3 Bank raises nearly $25 million in protective move. RECENT EMPLOYMENT LAW AND TAX DEVELOPMENTS
(WHILE BUSINESSES WERE FOCUSED ON COVID-19) 327887-1
DON’T MISS
Manufacturers’ groups, like the companies they represent, have shifted to new ways of doing business. PAGE 9
REAL ESTATE
see page 3