NAI/Merin Hunter Codman Announces 2017 Broker of the Year

NAI/Merin Hunter Codman Announces 2017 Broker of the Year

Bruce Corn, of the firm’s Retail Services Group, facilitated $20 million of sales and 160,000-square feet of lease transactions in the Palm Beach County retail sector. 

2017BrokerOfYear-Bruce

West Palm Beach, FL – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firms, has named Bruce Corn, Managing Director of the firm’s Retail Services Group, its 2017 Broker of the Year for the completion of $20,000,000 in sales and 160,000-square feet of leasing transactions in the Palm Beach County retail sector. This marks Mr. Corn’s fifth Broker of the Year award.

Some of his most significant transactions include:

  • $12,500,000 sale of Village Square, a 75,326-square foot retail plaza in Tequesta
  • 65,000-square feet of leasing on behalf of AutoZone
  • 30,000-square feet of leasing on behalf the Village Shoppes on 441 in Royal Palm Beach
  • 20,000-square feet of leasing on behalf Southern Palm Crossing in Royal Palm Beach
  • 10,000-square foot site selection transaction on behalf of Saito’s Japanese Steakhouse

Utilizing his two decades of commercial real estate experience, negotiation skills and superior retail market knowledge, Mr. Corn, a five-time NAI/Merin Hunter Codman Broker of the Year award recipient, offers his diverse client base creative solutions which expedite even the most complicated of transactions.

“Honesty, integrity and drive are Bruce Corn’s best qualities. Those attributes combined with his outstanding industry reputation have paved the road to Bruce’s continued success. I am honored to again name him our 2017 Broker of the Year,” stated Jordan Paul, CEO of NAI/Merin Hunter Codman.

View release here.

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NEWS PICK-UP: CCIM Deal Makers / Neil Merin takes Biggest Deal

Neil Merin, CCIM, of NAI Merin Hunter Codman in West Palm Beach, Fla., represented Terra in the more than $62.3 million purchase of the 245,673-sf Golden Bear Plaza office property in Palm Beach Gardens, Fla., from GB Investors LLC. Merin also represented Admiralty Acquisition Co. LLC in the more than $18.5 million sale of the 80,800-sf 4400 PGA office property in Palm Beach Gardens to Medical Center Realty LLC, North Medical Building Corp., and EMCD Properties LLC.

Article Link here | PDF of Article here

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NEWS PICK-UP: Related plans new office tower at CityPlace’s north end

The Related Cos. plans to build an 18-story office building on the north end of CityPlace, a move that could boost efforts to link the West Palm Beach mixed-use center to the rest of downtown and further develop the city’s core urban district.

360 Rosemary is slated to rise at the corner of Rosemary Avenue and Evernia Street, the first in a series of steps designed to expand and update CityPlace, a shopping, dining and residential center built by Related.

The 285,000-square-foot tower will be across from Publix. The supermarket was courted for the ground floor space, but a Related official said this week that Publix is staying put at CityPlace. The office tower instead will feature another retailer.

“It’s a big building for our market,” said Neil Merin, chairman of NAI/Merin Hunter Codman in West Palm Beach.

Related tried to build another office tower next to CityPlace a few years ago, but it was unable to obtain enough tenants willing to pre-lease space in the project, dubbed Gateway Tower.

In 2014, Related pulled the Gateway Tower plan. The next year, it unveiled a different idea: The Restoration Hardware furniture gallery, which opened last year.

Merin said Related, at some point, will need to decide whether it’s going to rely on pre-leasing to clinch a decision to build 360 Rosemary, “or if they’re going to build it anyway.”

CLICK HERE to read the full article.

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VOLUNTEER EVENT: Volunteer Day at Peggy Adams

MHC REAL Leaders volunteered on Friday, March 16th at Peggy Adams Animal Rescue League in West Palm Beach. After a lovely tour by Shelter Manager, Brittni Fleming, they helped organize and clean parts of the Intake and Receiving building. Afterwards, they visited with some of the animals looking for their fur-ever homes.

Operating continuously since 1925, Peggy Adams has been positively impacting animal welfare and addressing overpopulation in Palm Beach County through a variety of services including adoption and spay/neuter programs, affordable vaccine clinic, Peggy’s Pantry and other important advocacy work.

Click here to see how you can make a difference and enjoy some pictures of the day below.

 

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NAI Global Ranked Among Top Five Commercial Real Estate Brand in the 17th Annual Lipsey Survey

NAI Global, a leading, global commercial real estate firm, earned the top four spot in the 2018 Lipsey Survey of Top 25 Commercial Real Estate Brands. The survey was conducted among 100,000 commercial real estate professionals using a combination of ballot voting, phone interviews and focus groups to identify the top global brands. NAI Merin Hunter Codman based in Palm Beach County, Florida is a Member of NAI Global, serving southeast Florida.

The survey is conducted by The Lipsey Company, a leading training and consulting firm specializing in the commercial real estate industry to equip organizations and their practitioners with the skills necessary to succeed in today’s competitive environment. The 2018 survey results can be found here.

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2018 PM Appreciation Day

Our Property Management and Maintenance teams had a great time watching the Red Sox vs. Marlins game at our annual PM Appreciation Day, held this year at the Roger Dean Chevrolet Stadium in Jupiter on March 9th. Ice cold drinks, delicious food and great company made it an afternoon to remember in the Cassidy Cool Zone. We appreciate all the hard work and dedication our MHC family shows each and every day and we’re happy to be able to show them our appreciation and encourage camaraderie through great, out of office events like these. Thank you to our tenacious staff for all you do to make our firm the best in Palm Beach County!

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