Posts tagged Flagler Waterview
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.
CLICK HERE to read the full press release.
We were honored to host the BDB’s Commercial Real Estate Professionals Round Table on Tuesday, October 11th at Flagler Waterview in West Palm Beach. Flagler Waterview is located at 1515 N Flagler Drive and presents tenants a one-of-a-kind opportunity to enjoy Class-A office space with stunning Intracoastal views, complimentary valet parking, a free tenant parking garage, 24/7 security and an on-site Walgreens pharmacy.
The topic was “Trends in the Market Place” and featured panelists Rex Kirby (Verdex Construction), Tammy O’Rourke (Glidden Spina), and Ignacio Reyes (Leo A Daly Architects). Cheri Pavlik (Leo A Daly Architects) served as the panel moderator. Overall, the panelists agreed that new office space is trending towards more common areas like communal kitchens and employee lounges, enabling the SF per person to reduce as more employees work in these collaborative and common spaces vs. traditional individual offices. Another noted item was the increase in demand to repurpose industrial warehouses in urban areas for professional office and retail users. Ignacio Reyes noted that the increase in technological capabilities will shift how employers and employees work, especially with the boost in telecommuting and public transportation like Uber, which could eventually affect space needed for parking as fewer workers will be using their personal vehicles.
We look forward to seeing how these innovative and modern trends influence new workspaces locally and across the world.
CLICK HERE for more information about the BDB.
CLICK HERE for more information on leasing space at Flagler Waterview.