Archive for January, 2014
West Palm Beach, FL – NAI/Merin Hunter Codman, Inc., today announced that Steven J. Paige, a Managing Director at the firm, has been named the firm’s 2013 Broker of the Year. The recognition is notable, distinguishing Paige as the leading broker at a firm that is not only the top commercial real estate brokerage firm in Palm Beach County, but also one of the leading real estate services firm in the broader South Florida region. Mr. Paige excels at representing some of the nation’s most prestigious institutional investors, as well as local investors, in their ownership of commercial real estate. Paige was awarded the NAI/Merin Hunter Codman distinction for completing transactions on approximately 400,000 square feet of commercial real estate space in nearly 50 transactions in 2013. This activity included a portfolio of nine office properties central to business in Palm Beach County — the Centrepark Office Buildings, near to the West Palm Beach CBD and Palm Beach International Airport. Under Paige’s stewardship, the portfolio had strong positive absorption, culminating in an occupancy rate of over 80 percent today. Likewise, Paige helped bring the signature mixed-use Waterfront Clematis complex, overlooking the intracoastal waterway in West Palm Beach, to over 80 percent occupied.
“Paige’s leasing efforts have appreciably increased the asset value for our clients TA Associates Realty and The Lionstone Group,” said Jordan C. Paul, CEO of NAI/Merin Hunter Codman, referring to the sponsors of Centrepark and Waterfront Clematis, respectively.
Click here to read the full press release.
We had a great time as VIP Sponsors at today’s Get Down to Business Lunch, hosted by Easter Seals Florida. This annual event featuring noted speakers on topics relevant to the business community is a great opportunity to network with other business professionals while engaging with future leaders in the mission of Easter Seals Florida. Proceeds from this event support local children with special needs at Easter Seals Igoe-Amar Child Development Center in West Palm Beach. Learn more information about Easter Seals Florida and their mission.
We’re looking forward to next year’s event!
As part of our “Responsibility Revolution”, we partake in several community service events throughout the year. Last year we participated in various events like Habitat for Humanity, the SWA’s Paint Your Heart Out, United Way’s Back to School Bash, the Big Heart Brigade’s Thanksgiving Feast, and the Adopt-A-Family’s Adopter & Santa Shoppe programs, to name a few.
We had a great time working to make our community a better place and can’t wait for what 2014 has in store for REAL Leaders!
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, today announced that William J. Kahn has joined the firm as a Director of Commercial Leasing. Mr. Kahn brings to the firm over 35 years’ experience in office and industrial leasing, sales and development. He has represented national clients, including Fortune 500 companies, in noteworthy relocation and expansion transactions throughout Palm Beach, Broward and Miami-Dade Counties. He also represented commercial real estate owners/investors in the leasing and management of diversified portfolios including multifamily properties and land. Mr. Kahn brings his diverse skill set to NAI/Merin Hunter Codman as it continues broadening its platform and ability to deliver a full range of real estate services to clients throughout Florida.
“Bill Kahn has broad experience that will add to NAI/Merin Hunter Codman’s vertically integrated services and benefit clients establishing or expanding their presence in Florida,” Jordan C. Paul, CEO of NAI/Merin Hunter Codman. “Bill Kahn has enjoyed great success representing both landlords and tenants, and we look forward to him leveraging his experience and leadership abilities from our Boca Raton office.”
Click here to read the full press release.
HOLLYWOOD, Florida – PointOne Holdings, a Real Estate Investment Group with offices in Hollywood, FL and Atlanta, GA, announced a $30,700,000 closing on the purchase of the Jupiter Medical and Technology Park in Jupiter, Florida. The acquisition and renovation financing was provided by RAIT Financial Trust. The 186,000 square-foot facility is situated on a 16-acre campus and is currently 92% occupied.
The city of Jupiter is emerging as a world renowned hub for biotech, healthcare and aviation innovators and is the home to Scripps Florida Research Institute, the Max Planck Institute for Neuroscience and the biosciences-focused Florida Atlantic University, as well as a number of private technology companies including Florida Turbine Technologies who anchors the property along with GE Medical Healthcare Services. “We could not be more pleased with the acquisition of this facility in an area that has attracted the attention of some of the most prominent biotech firms in the world, including Scripps and the Max Planck Institute. The property and location are ‘one of a kind’ in one of the most dynamic marketplaces in the state” said David Garfinkle Managing Partner for PointOne Holdings.
Click here for the full press release.