Posts tagged leasing transactions
– Hamburger Heaven moves to Waterfront After 65 Years in Palm Beach –
West Palm Beach, Fla. — NAI/Merin Hunter Codman, Inc., one of South Florida’s leading privately owned commercial real estate services firm, today announced that is has arranged a lease for Hamburger Heaven, a Palm Beach dining icon, to move to the Waterfront Clematis building at One North Clematis Street in West Palm Beach. The restaurant will occupy nearly double the space that it had for over half a century in Palm Beach, where it became synonymous with down-home delicious and casual fare. Restaurant locations all over Palm Beach County courted Hamburger Heaven — from Palm Beach Gardens to Delray Beach — given its long-term success and established clientele. The restaurant expects to build on its business by tapping into the urban density of the downtown West Palm Beach waterfront, while continuing to draw from its loyal client base on the island of Palm Beach.
“Hamburger Heaven adds to the exciting restaurant and retail mix at Waterfront Clematis,” said Jordan Paul, Chief Executive Officer of NAI/Merin Hunter Codman. “We continue to see urban revitalization at the waterfront area of Clematis Street that began with the 2011 completion of the park. Now, locals and visitors have one more reason to head toward Waterfront Clematis.”
Waterfront Clematis is a mixed-use office and retail development located at One and 101 North Clematis Street, situated at the intersection of Clematis Street and Flagler Drive. Hamburger Heaven inked a deal for 4,443 square feet within the One North Clematis building. The restaurant will seat approximately 150 guests, including 30 sidewalk café spots, and is expected to open soon after the New Year. Diners will have partial water views and look out toward palm trees, flowered trellises and green space. Office tenants in the building, which will also be a draw for Hamburger Heaven, include Florida Crystals, Merrill Lynch and the law firm of Broad & Cassell. More >
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.