Posts tagged General
The 67-year-old diner Hamburger Heaven has reopened its doors in downtown West Palm Beach, ending a rental dispute that shut down its former location in Palm Beach last year.
The restaurant – popular for its burgers, shakes and cakes – opened a 4,443-square-foot diner on the ground floor of the 1 North Clematis office building. The new location nearly doubles the size of its former location.
“Hamburger Heaven is entering an exciting new phase of our history,” said longtime owner Cynthia Rosa. “We’re looking forward to carrying on our time-honored traditions while having space to broaden our culinary horizons and offer customers exciting new choices.”
±3.09 acres of vacant land suitable for office, hotel, industrial, research, manufacturing. Zoned PIPD – Planned Industrial Park Development. Walk to restaurants and hotel in the Park. Traffic count on Okeechobee Boulevard =52,768 vehicles per day.
Located in the 640 acre Vista Center Commercial Park off of Okeechobee Boulevard. Immediate access to Florida’s Turnpike.
±19,600 SF freestanding building on 2.48 acres. Uses include showroom, retail, automotive, warehouse – ideal for owner/user. 20′ clear ceiling height. Abundant surface parking. Zoning: IL – Limited Industrial. Traffic counts =37,000 on US Hwy 441.
Located at the signalized intersection of Business Park Way and US Hwy 441.
Excellent US Hwy 441 visibility.
Demand for office space in the U.S. held steady in the third quarter as leasing activity and absorption of available office space continued to pick up momentum following a lackluster start at the beginning of 2012, CoStar Group reported this week in the company’s Third-Quarter 2012 Office Review & Outlook.
The overall U.S. office vacancy rate edged down and net absorption rose to 15 million square feet during the quarter from 13 million square feet at mid-year 2012. The relatively little new office supply and continued low levels of new office construction supported the balance in supply and demand.
Meanwhile, office tenants continued to enjoy a ‘holiday’ from rent increases as office rents in most market have yet to budge much from their market trough tipping point, according to analysts for Property and Portfolio Research (PPR), CoStar’s analytics and forecasting division.
“The recovery is only one-third of the way there in the office sector, we still have two-thirds to go,” said Walter Page, PPR director of research, office, who was joined by PPR’s Managing Director Hans Nordby and Manager, U.S. Market Research Aaron Jodka, in dissecting the third-quarter numbers for CoStar clients.