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PRESS RELEASE: Barbara LeBrun, SIOR of NAI/Merin Hunter Codman is Elected to Leadership Palm Beach County 2017-2018 Board of Governors

West Palm Beach, Fla. – – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, is proud to announce, Managing Director, Barbara LeBrun’s 2017-2018 elected appointment to Leadership Palm Beach County’s Board of Governors.

Since 1983, Leadership Palm Beach County, a nonprofit organization, has brought together select leaders from the public, private and nonprofit sectors to deepen their civic commitment and awareness of diverse issues and industries. Over the course of a year, Leadership program participants spend one full-day a month together traveling across Palm Beach County with exclusive access to courtrooms, newsrooms, schools, farms, major businesses and to the top executives who run the industries that drive Palm Beach County’s economy. Participants of this unique program gain a deep understanding of the region and build lasting bonds with their fellow Leadership class mates by working together on meaningful local projects. Upon completion of the program, alumni then become a powerful network which shapes the curriculum for future participants and continue to work together in the community to tackle issues affecting Palm Beach County residents.

“For over three decades, NAI/Merin Hunter Codman has been a leader in both Palm Beach County commercial real estate and civic involvement. Our success is largely due to the firm’s belief that only through civic leadership can NAI/Merin Hunter Codman’s partners, brokers and staff gain a deep empathy and understanding of the community and market in which they serve. Barbara LeBrun, SIOR encapsulates this belief. I congratulate Barbara and her accomplishment, it is an honor to work closely with someone of her caliber, who is truly dedicated to the success of Palm Beach County“, stated Jordan Paul, CEO of NAI/Merin Hunter Codman.

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PRESS RELEASE: Eliot H. Goldstein joins NAI/Merin Hunter Codman as a Commercial Real Estate Associate

West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, is proud to welcome Eliot H. Goldstein as a Commercial Associate.

Mr. Goldstein, who holds a Bachelor’s of Science and a Master’s of Science degree in Mechanical Engineering from Florida State University, will be working with NAI/Merin Hunter Codman Principal Spencer Grossman on a variety of commercial investment and leasing assignments specializing in retail and industrial properties. Mr. Goldstein joins NAI/Merin Hunter Codman following two years with a local commercial real estate firm where he was instrumental in completing several million dollars of transactions. Prior to working in the commercial real estate industry Mr. Goldstein enjoyed a successful eight-year engineering career at Lockheed Martin.

“NAI/Merin Hunter Codman is excited to welcome Eliot Goldstein to our team. His drive, discipline, and passion for the commercial real estate industry will be a great benefit for our clients”, stated Jordan Paul, CEO of NAI/Merin Hunter Codman.

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PRESS RELEASE: NAI/Merin Hunter Codman Named #1 Property Management Firm and #4 Commercial Real Estate Firm in Palm Beach County

NAI/Merin Hunter Codman is recognized by both Costar Group and the South Florida Business Journal

West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, has been recognized by the South Florida Business Journal’s 2017 Book of Lists as the #1 Property Management Firm and #4 Commercial Real Estate Brokerage Firm in Palm Beach County. In addition, the firm will be receiving its 12th consecutive Top Leasing and 10th Top Sales Firm CoStar Power Broker Awards. Neil E. Merin, SIOR, CCIM, Chairman of NAI/Merin Hunter Codman, will receive his 13th consecutive Top Leasing Power Broker Award.

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PRESS RELEASE: NAI/Merin Hunter Codman Nominated for Two NAIOP Awards of Excellence, Largest Office Transaction of the Year and Office Renovation of the Year

3West Palm Beach, FL – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, is pleased to announce that the firm was recently nominated for two NAIOP South Florida 2016 Awards of Excellence. The firm was nominated for Office Renovation of the Year as well as the Largest Transaction of the Year. NAIOP South Florida’s annual awards highlight individuals and companies whose achievements have contributed to the local commercial real estate industry, benefitted the regional business environment and facilitated economic growth.

NAIOP South Florida nominated NAI/Merin Hunter Codman for Office Renovation of the Year, recognizing the firm’s leasing, construction and property management divisions for the renovation of Fountain Square, a three building, 241,000 square foot office complex in Boca Raton. The nomination recognized NAI/Merin Hunter Codman’s success in renovating the property and creating significant value following its purchase from an institutional owner in an “off market” transaction. Occupancy at the time of purchase was 59%. Following the purchase, NAI/Merin Hunter Codman was retained to implement a $3,000,000 capital improvement program to modernize the building on behalf of the new owner. A partial list of improvements included: repainting and re-branding the buildings, refurbishing its signature centerpiece fountain, window replacement/re-tinting, renovating the on-site café, restriping and resealing the building parking lot and reroofing. An aggressive leasing plan was then implemented which resulted in over 50,000 square feet of new leases at rents that were up to 40% higher than those achieved pre-renovation. Net Operating Income has doubled since acquisition and the estimated property value has increased by over 50%.

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PRESS RELEASE: Neil E. Merin & Jason L. Sundook of NAI/Merin Hunter Codman Complete Five of the Largest 100 Office Transactions on SIOR’s Global List

top-100-office-transactions-2016-1.jpgWashington, DC. – The Society of Industrial and Office Realtors (SIOR) is pleased to announce its Top Transactions Award Winners of 2016. The Top Transaction Awards list is a compilation of the largest sales and lease transactions, ranked by dollar value, completed by SIOR members throughout the world. The awards were derived from nearly 650 SIOR members who reported close to 2,000 transactions totaling more than USD $8.6 billion in leases and sales in categories including: industrial, investment, office, land, alternative assets, associate, and redevelopment.

The Top Transaction Awards includes the 2016 Top 100 Office deals. NAI/Merin Hunter Codman led the list and tied one other agency for the largest number of Top 100 transactions. Neil E. Merin, SIOR and Jason L. Sundook, SIOR, both principals with the firm, combined to complete five of the 100 largest office transactions on SIOR’s global list. The SIOR list of 2016 Top 100 Office Deals totaled an impressive 12,343,138 square feet of office sales and leases from around the world. “We are thrilled that some of the largest office transactions tracked by SIOR were completed in South Florida and by our office” said Neil E. Merin, Chairman of NAI/Merin Hunter Codman.

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PRESS RELEASE: Spencer S. Grossman Elected a Shareholder and Principal

20170214_142300-editedWest Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., Palm Beach County’s leading commercial real estate services firm, is pleased to announce that Spencer S. Grossman has been elected as a Shareholder and Principal in the firm.

Mr. Grossman, a graduate of the Pine Crest School in Fort Lauderdale and Dickinson College is a 15-year commercial real estate veteran who specializes in retail investment sales and leasing. Mr. Grossman joined NAI/Merin Hunter Codman in 2010 after spending several years working with Marcus and Millichap and American Commercial Realty.

Mr. Grossman has consistently been a top producer throughout his time at NAI/Merin Hunter Codman and was named the firm’s Broker of the Year in both 2012 and 2014.

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PRESS RELEASE: Lesley Sheinberg Named Broker of the Year

Lesley SheinbergWest 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.

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