View the video below to get to know a little bit more about one our brokers and executives!
94% of teachers pay an average of $500-$1,000/year out of pocket on classroom and student supplies – The New York Times
At NAI/Merin Hunter Codman, Inc. we take pride in supporting the communities that we live and do business in. We’re writing today to ask for YOU to be a part of our next community service project.
Help us in supporting the Education Foundation of Palm Beach County by dropping off items for our SCHOOL SUPPLY DRIVE, benefitting Red Apple Supplies. This free teacher resource store provides school supplies at no-cost in high needs, Title I public schools.
CLICK HERE FOR FULL FLYER WITH MORE DETAILS!
Several media organizations have picked up our Press Release on the TherapeuticsMD lease transaction at our 951 Yamato property in Boca Raton. The deal is the largest lease transaction in Palm Beach County for this year.
NAI/Merin Hunter Codman is happy to be a sponsor of the fifth annual Heroes for Education 5k Run/Walk that took place on November 3rd at Bryant Park in Lake Worth.
The Education Foundation of Palm Beach County is a great non-profit organization that partners with the School District of Palm Beach County to fund over $1.5 million in programs that the schools could not otherwise afford. These include providing high-risk students with Graduation Coaches, training for Financial Literacy and the establishment of the Red Apple Supply Store.
Our REAL Leaders had a great morning at the beautiful course that bordered along the Intracoastal. Enjoy some photos below and click here to see how you can be a hero for education!
Our REAL Leaders had the pleasure of volunteering at Freedom Riders Academy, a non-profit foundation that focuses on rescuing horses that have been abused, malnourished and are days away from slaughter, the morning of October 26th. Freedom Riders Academy has programs in place that heal these horses and help humans, creating a foundational connection between both beings.
Our group worked hard pulling weeds from the pastures, with encouragement from a few equine friends.
Find pictures below and CLICK HERE to learn more about the organization!
KW Commercial Executes Record-Breaking Sale of Belvedere Tattoo Parlor
New area expansion spurs demand for previously unwanted buildings in the East Belvedere Corridor.
WEST PALM BEACH, FLORIDA, UNITED STATES, October 12, 2018 — Palm Beach-based Keller Williams Commercial Real Estate announced today that Managing Agent Brad Kuskin recently represented the seller in the $495,000 sale of a 2,000-square-foot former tattoo parlor on the eastern portion of Belvedere Road. The transaction price of $248 per square foot represents a five-year record for proportionate sales prices along the East Belvedere Road corridor.
KW CRE negotiated the transaction on behalf of long-time Boynton Beach resident who had initially purchased the property in 1997 for $75,000. Buyer-agent Spencer Grossman of NAI/Merin Hunter Codman represented the local buyer, Farm To Family, LLC, who intends to utilize the building as a vegan-oriented meal delivery preparation facility. The well-positioned location on Belvedere provides the Buyer with direct access to affluent El Cid and Palm Beach Island communities. The acquisition was contingent on the relocation of an existing tattoo parlor and South American boutique, who had previously occupied the building under annual leases.
“Transaction terms were finalized only days after initially listing the property, which clearly illustrates the growing strength and allure of the southern West Palm Beach neighborhoods, particularly in well-positioned older buildings. Many downtown buildings have extremely passive owners, who don’t align lease structure with current market trends, offering additional value to long-term business operators and investors,” said Kuskin. “We worked through several unique challenges related to the tenants and provided our client with maximized value based on a very dynamic market and potential user base. KW Commercial managed expectations of all parties while directly addressing concerns of tenants forced into relocation and early lease termination. It was a testament to the work of agents on both sides who worked to close the transaction promptly and at the originally negotiated terms.”
“Keller Williams Commercial Real Estate has the unique footprint and breadth to provide clients the benefit of expansive transaction experience and rock-solid relationships throughout the South Florida market,” said Kuskin. “Our national scope, combined with our commitment to a superior level of client service, allows us to provide unparalleled market insight, leading to strategic investment and liquidation initiatives, ultimately leading to maximized transaction efficiency.”
It’s with great excitement and pride that we share a recent milestone for our company – the NAI/Merin Hunter Codman name has been placed atop the Centurion Tower building! This is a grand accomplishment for a firm who humbly resided in a partial second floor space at the building for nearly 30 years. Our recent move to the seventh floor combined with building signage is a testament to the firms stability and dedication to West Palm Beach, Palm Beach County and South Florida.
Neil was quoted in the below article, written by Mike Seemuth of The Real Deal.
Real estate executive and Miami Dolphins owner Stephen Ross scored the most recent victory in the battle of billionaires looking to build high-rise office projects in downtown West Palm Beach. Ross was on an apparent collision course with Jeff Greene, real estate investor and former candidate for governor of Florida, but it appears that New York-based Related Companies, led by Ross, has won out — for now.
In reaction to the August news that part of the downtown would be upzoned, thereby allowing Related to proceed with a 25-story office project called One Flagler, Greene shelved his One West Palm project, citing an “uncertain zoning climate.” The city-approved project was a mix of office space, hotel rooms and apartments in two 30-story buildings, designed by Miami-based Arquitectonica.
The cancellation of Greene’s project seems to have exposed limits to commercial development in the central business district of West Palm Beach, despite local efforts to recruit out-of-town employers.
What’s better than beer and trivia? Try adding in local craft beer samples, prizes and bar bites! That was the thought for our “Brews and Buzzers” broker event at Centurion Tower in West Palm Beach on the evening of October 4th. NAI/Merin Hunter Codman hosted the event where area brokers toured spec suites, enjoyed our new digs, and were contestants in a custom trivia game show which included questions about the event and building details.
The event showcased available space at Centurion Tower, a 14-story Class-A office building on Palm Beach Lakes Blvd, just east of I-95. Newly completed spec suites are move-in ready and feature contemporary flair and flexible floor plans, with suites ranging from 1,422-2,394 SF. Click here for more details and call our office to schedule your showing today: 561 471 8000.
BIG OFFICE DEAL: Neil Merin, CCIM, of NAI Merin Hunter Codman in West Palm Beach, Fla., represented an undisclosed seller in the $22.5 million sale of the 185,000 SF Forum Building in West Palm Beach to Triarch Capital Group.