Corporate Tenant Representation
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, is pleased to announce that it completed Palm Beach County’s largest office lease transaction for the year 2016. In December of 2016 the Health Care District of Palm Beach County signed a 7.5 year, 42,000 square foot lease at Flagler Waterview located at 1515 N Flagler Drive, West Palm Beach. Chairman of NAI/Merin Hunter Codman, Neil E. Merin, SIOR, CCIM represented the tenant. Mr. Merin along with Director, Lesley Sheinberg, NAI/Merin Hunter Codman’s Broker of the Year, and Commercial Associate, Matt Hedrick represented the Landlord, 1515 Flagler Property LP. The lease represented a strong end for a record year in which NAI Merin Hunter Codman completed approximately 1,000,000 square feet in lease transactions and over $250,000,000 in sales.
The Health Care District of Palm Beach County, an independent taxing district, is a safety-net health care system formed in 1988 when residents voted to create a healthier community. The Health Care District of Palm Beach County provides an array of health care services, such as a nationally-recognized Trauma System, a School Health program with registered nurses in nearly 170 public schools, health coverage programs for eligible, uninsured residents, an acute care hospital, a skilled nursing facility, and the C.L. Brumback Primary Care Clinics. Currently located in Palm Springs, the Health Care District of Palm Beach County retained NAI Merin Hunter Codman Chairman Neil E. Merin, SIOR, CCIM and his team to represent them in identifying and securing a new headquarters space. The Health Care District of Palm Beach County will be moving their headquarters to Flagler Waterview in the summer of 2017.
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West Palm Beach, Fla. – Jordan Paul, CEO of NAI/Merin Hunter Codman Inc., Palm Beach County’s leading commercial real estate services firm, is pleased to announce the completion of over 250,000 square feet of commercial real estate sales and leasing transactions in the first quarter of 2016.
“Our brokerage teams have hit the ground running in the first quarter of 2016, completing sales and leasing transactions on over 250,000 square feet of commercial real estate,” said Jordan Paul, CEO of NAI/Merin Hunter Codman. On the investment sales side, Bruce Corn, Managing Director, completed the sale of the 26,700 square foot Palm Beach Golf Center located at 7700 N. Military Trail, Riviera Beach. Jason L. Sundook, SIOR, Principal and Spencer Grossman, Director also completed the sale of 1425 Gateway Boulevard, a 28,000 square foot former charter school in Boynton Beach.
Tenant representation services were provided by David W. Knott and Ryan R. Dinsdale, CCIM of NAI/Merin Hunter Codman’s Investment Services Team, who facilitated a 30,000 square foot lease expansion for RAVE, LLC, a global supplier of advanced equipment for leading edge semiconductor and nanotechnology applications.
Lesley Sheinberg, a NAI/Merin Hunter Codman Director, who specializes in medical site facilitation, secured two facilities for ChenMed (Chen Neighborhood Medical Centers South Florida) totaling 25,000 square feet in Lakeland, Florida. ChenMed is a family-owned, family-oriented organization committed to bringing superior health care to moderate-to-low-income seniors.
Richard Brockney, Director of NAI/Merin Hunter Codman’s South Palm Beach County leasing team, facilitated a total of 21,000 square feet of new leases, including a 13,000 square foot lease with Shendell & Pollock, a local law firm, on behalf of Fountain Square Owner, LLC at Fountain Square in Boca Raton.
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NAI/Merin Hunter Codman provides value-added services for corporations with local, national or worldwide real estate needs. The firm serves as a single point of contact, for clients needing one property or hundreds. We assist in evaluating opportunities, optimizing existing portfolios, planning new facilities, as well as managing and leasing corporate facilities.
We Work For You:
Tenant representation is a specialized discipline distinct from general brokerage services. In tenant representation, your broker represents you in a fiduciary capacity, representing your best interest, not the landlord’s. We work for you.
Local Market Knowledge:
While it may be easy to type a few keywords into Google and find what seems to be great space, that does not provide all the answers. NAI/Merin Hunter Codman’s tenant representation brokers provide expert advice, based on superior market knowledge, detailed research and market expertise. This knowledge coupled with superior negotiation skills, places tenants on an even playing field with professionals, landlords and owners.
Implementation with Personal Attention:
A methodical and in-depth market analysis is compiled and presented based on clients’ needs, preferences and special requests. After client feedback and approval of search results is established the implementation process begins, consisting of site selection, property tours and transaction negotiation. Particular attention is given to leasing incentives, space planning, value engineering and construction.
We Follow-Up After You Sign the Lease:
Professional tenant representation services continue beyond the execution of a lease. Assistance is provided to ensure a timely and trouble-free move with on-going support for future expansion, contraction, or construction.
Our Services Are Provided At No Cost To You:
That’s right, it’s the industry standard for landlords to pay all brokerage fees. In most cases, it is a budgeted expense that is built into owner projections.
Tenant Rep Services Include:
- Tenant/Buyer representation
- Demographic, market data and feasibility analysis
- Relocation studies
- Property, facilities and asset management
- Due diligence
- Investment acquisition/sales