South Florida Makes Amazon’s Top 20

Amazon has released the Top 20 potential locations to open up their second headquarters… and South Florida made the cut. Neil offered his opinion and was quoted in two different articles relating to the possible locales.

Bookie calls South Florida long shot in Amazon HQ2 contest – Palm Beach Post article
“While I’m a big booster of Palm Beach County, I think Palm Beach County is kind of like what Greenwich, Connecticut, is to New York,” Merin said. “We’re a nice suburban area. If you’re looking for transportation and people, you have to look to southern Broward or somewhere in Miami-Dade.” / CLICK HERE to read the full article.

Where are South Florida’s 8 Amazon headquarter sites? Real estate experts identify potential candidates – Sun Sentinel article
The new site also depends, in part, on whether Amazon wants to go “urban or suburban,” said Neil Merin, principal of NAI/Merin Hunter Codman, a commercial brokerage and construction management company in West Palm Beach. He said Miami-Dade has the capacity to develop 50-story buildings, while Broward would have to be “creative” with developed space, as vacant land is scarce. If Amazon’s desire is “to be interactive with Latin America,” Miami is the likely spot for the headquarters, Merin said. “But one thing that’s good about Palm Beach County is we have a lot of housing coming online,” he added. “We have approved some 15,000 new units.” / CLICK HERE to read the full article.

News Articles

PRESS RELEASE: NAI/Merin Hunter Codman Completes 144,000 SF of Leasing at West Palm Beach’s Centrepark Office Buildings

— Centrepark West occupancy reaches 98% —

West Palm Beach, Fla. – Palm Beach County’s leading commercial real estate services firm, NAI/Merin Hunter Codman, Inc., has completed 144,000 square feet of lease transactions on behalf of Colonnade Centrepark East, LLC and Colonnade Centrepark West, LLC, within Colonnade’s first year of ownership.

The nine-building portfolio totaling 479,145 square feet of office space, located within Centrepark East and Centrepark West, was acquired in November 2016 by Colonnade Properties and affiliates of Grace Development and Flagler Realty. NAI/Merin Hunter Codman Chairman, Neil E. Merin, SIOR, CCIM marketed the property on behalf of the seller, JP Morgan Asset Management, Colonnade and partners were selected as the purchaser who post purchase retained NAI/Merin Hunter Codman as they valued the leasing potential executed by NAI/Merin Hunter Codman.

Today Centrepark West’s occupancy rate is 98%, up from the 80% reported at the time of purchase. Together, Mr. Merin and NAI/Merin Hunter Codman Commercial Associate, Shelbi Quinn successfully negotiated many deals on behalf of the owner, the largest transactions include:

• SV Microwave, Inc. and affiliate Times Microwave Systems, Inc. have executed 68,091 square feet of leases at 2301 and 2400 Centrepark West Drive
• Seacrest Services executed a 13,560-square foot, 10-year lease, at 2101 Centrepark West Drive
• Brown & Brown of Florida executed a 11,970-square foot, 10-year lease, at 1661 Worthington Road

CLICK HERE to read the full press release.

Press Releases