Archive for November, 2013
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, today announced that it has arranged the sale of a prime, 10-acre parcel of land in Palm Beach Gardens, Florida, to Education Capital Solutions (ECS), which plans to build a public charter school on the site. ECS is a wholly owned subsidiary of the $3-billion specialty real estate investment trust, EPR Properties—formerly Entertainment Properties Trust. EPR (NYSE: EPR) has, as part of its core portfolio, a focus on the financing and development of public charter schools with investments nationwide. This latest Palm Beach Gardens charter school investment has particular significance for Florida communities; it is part of a growing “learning cluster” in the geographic area that includes nearby Florida Atlantic University — the campus site of Scripps Research and Max Planck Florida Institutes — as well as Palm Beach State College, the newly opened Mandel JCC early childhood learning center, and the college preparatory campuses of The Benjamin School in the area.
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