West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, is pleased to announce that Director, Lesley Sheinberg has been named its’ 2016 Broker of the Year after completing 250,000 square feet in commercial transactions in 2016.
Ms. Sheinberg, a 20-year commercial real estate veteran, specializes in office leasing and investment sales for a wide variety of institutional and private equity clients including JP Morgan, Equus Capital Partners and Lionstone Investments. She is also recognized as a leading Palm Beach County medical office expert whose clients include South Florida Gastroenterology for whom she provides disposition advisory and landlord representation and ChenMed, a national primary care physician practice committed to bringing superior health care to moderate-to-low-income seniors, for whom Ms. Sheinberg provides advisory and site selection services throughout the state of Florida.
Significant 2016 transactions included her representation of the Landlord in Palm Beach County’s largest single 2016 lease transaction, the 42,000 square foot headquarters relocation of the Health Care District of Palm Beach County to Flagler Waterfront located at 1515 Flagler Drive in West Palm Beach. Other significant transactions in 2016 included the 21,000 square foot biomedical lease to Zimmer Biomet Holding’s Biomed 3i, LLC division, a global leader in musculoskeletal health, at Golden Bear Plaza, 11760 & 11760 US Highway One in Palm Beach Gardens; and the 17,000 square foot renewal and expansion of the headquarters for Jupiter Medical Center at the Jupiter Medical and Technology Park located at 1701 N Military Trail in Jupiter.
Ms. Sheinberg is an active leader in Palm Beach County who embodies NAI/Merin Hunter Codman’s commitment to service in its local community. She currently serves as a board member of the AEC Trendsetters of Florida and is a member of the PGA Corridor Association and the Palm Beach County Medical Association. Ms. Sheinberg also plays an active role for Adopt-A-Family of the Palm Beaches. A former dancer and dance and gymnastics instructor, Ms. Sheinberg is a New York native who spent five years as a commercial real estate broker in New York, specializing in tenant representation, prior to moving to Florida and joining NAI/Merin Hunter Codman in 2003.
Jordan Paul, Chief Executive Officer, of NAI/Merin Hunter Codman stated, “We are very proud of Lesley Sheinberg and the outstanding service she has provided to our clients and community throughout the years. Lesley is a tenacious, creative and resilient person who always goes the extra mile for her clients. She gets things done with a smile on her face and a positive personality that makes people want to do business with her and our firm.”
Ms. Sheinberg stated, “Grateful, summarizes my reflection on 2016. I am grateful for the outstanding clients that I have had the opportunity to help and I am grateful to work for a company like NAI/Merin Hunter Codman, a full service commercial real estate company that is dedicated to serving its community and who provides me with all of the tools and resources needed to allow me to advise and service clients, not only locally, but worldwide.”
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West Palm Beach, Fla. – It has been a busy few months for NAI/Merin Hunter Codman. Since June of this year, Palm Beach County’s largest privately held commercial real estate services firm has represented buyers and sellers in approximately $250 million of commercial real estate sales. The investment properties included office, retail and multifamily properties and ranged in size from just under one million to over seventy million dollars.
NAI/Merin Hunter Codman’s Investment Sales Team led by Chairman Neil E. Merin, SIOR, CCIM, Capital Markets Specialist Christian J. Johannsen, CCIM, Retail Specialist Spencer Grossman and Multi-Housing Specialist Wendy Pierre, CCIM, facilitated almost a quarter billion dollars of investment sales transactions representing a variety of institutional and private equity clients. NAI/Merin Hunter Codman accomplished its clients’ goals over what is normally a sluggish summer period in a year which has been notable for a nationwide slowdown in investor demand. In several cases NAI/Merin Hunter Codman’s Capital Markets team was also able to assist its clients by arranging financing for the properties. The firm which also manages and leases approximately 5 million square feet of office, retail and industrial property throughout Palm Beach County has established itself as one of Palm Beach County’s premier investment sales brokers.
Jordan Paul, Chief Executive Officer of NAI/Merin Hunter Codman stated, “Florida, in general, and Palm Beach County, in particular, have continued to be very attractive investment targets in a year where we have seen investors pull back due to economic and political uncertainty. Notwithstanding that perception, our area has benefitted from steady growth in rental rates and absorption along with positive demographic trends that should allow that growth to continue. We are very pleased that our team has been able to effectively convey all that is positive about Florida and Palm Beach County on behalf of our clients. We have a diverse and experienced group of brokers who have done a tremendous job this year representing our clients on a wide variety of investment sales. Our team has combined our market knowledge with the access we have to investors worldwide through our affiliation with the NAI Global network, which has over 375 commercial real estate offices located throughout the world, to provide our clients with an extraordinary level of exposure and outstanding transaction executions for their commercial properties.”
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NAI/Merin Hunter Codman Heightens Inroads Into Medical and Tech Office as Clusters in Palm Beach County Expand
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, announced two new leasing and property management-related transactions in the medical and technology office niches, illustrating the firm’s continued impact and inroads into those sectors. NAI/Merin Hunter Codman was assigned leasing and property management responsibilities for a Class-A medical/tech office campus in Jupiter near to Scripps Research Institute, and negotiated a medical office lease at a trademark downtown West Palm Beach Class-A office building.
“We continue to see Palm Beach County office properties on short lists for medical and technology office space users,” said Jordan Paul, CEO of NAI/Merin Hunter Codman. “It’s a trend initially sparked by leading-edge research institutions drawn to the region, but now medical and technology clusters are widening in breadth.”
NAI/Merin Hunter Codman was awarded the leasing and property management assignment for Jupiter Medical and Technology Park, a 16-acre medical/technology office campus located at 1701 N. Military Trail in Jupiter. The park has a central location in Jupiter’s burgeoning medical/tech district, which includes renowned facilities such as Scripps Research Institute, Max Planck Florida Institute, as well as Jupiter Medical Center. Jupiter Medical and Technology Park, within minutes of those institutions, features a 186,000 square-foot, one-story facility. The building is a bright facility with an open configuration that can accommodate a variety of medical and technology uses. Building features include an attractive circular-driveway and entrance pavilion, windows looking out on to lake views and lush landscaping, and enhancements are underway for the building façade. The campus is minutes from I-95 and Florida’s Turnpike with countless restaurant and retail amenities in the immediate vicinity.
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West Palm Beach — Jordan Paul, CEO of NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, is pleased to announce the completion of approximately 250,000 square feet of leasing transactions and $6,000,000 in sales transactions in the second quarter of 2012.
“Our commercial brokerage team has done a great job completing transactions in a choppy market on both the leasing and investment sales sides. Capital sources appear to be viewing the near term and long term prospects for South Florida more positively and we expect a strong finish in the second half of the year.” said Paul.
LANDLORD REPRESENTATION LEASE TRANSACTIONS – 173,322 SF
TENANT REPRESENTATION SPACE PROCURMENT – 74,149 SF
SALES TRANSACTIONS – $5,986,000 – 84,800 SF
For a detailed outline of our transactions please click here.