VOLUNTEER EVENT: MHC REAL Leaders Help Distribute Over 800 Thanksgiving Meal Boxes

Our MHC REAL Leaders had the pleasure of volunteering for the fifth time at the Urban League of Palm Beach County’s Thanksgiving Meal Giveaway. The Urban League of Palm Beach County has been the leading provider of comprehensive family services to over 16,000 disadvantaged families in our community each year. Their clients live below the poverty line and in under-served and challenged areas throughout Palm Beach County.

Through sponsorship and volunteer efforts they distribute Thanksgiving meal boxes that include everything a family needs to have a happy and healthy holiday. Our social service team was in charge of unloading the turkeys, packaging them into bags and handing them out to families. When the team started to arrive around 7AM there was already a line of appreciative families waiting outside of the location and a steady stream continued until the last turkey was passed out to the 800th family.

NAI/Merin Hunter Codman volunteers were thrilled to spend time together giving back to our local community. In addition to our in-kind donation, Jordan Paul, CEO of NAI/Merin Hunter Codman also spearheads a monetary collection on behalf of the firm, its clients and vendors.

To see how you can help families in our community through the efforts of the Urban League of Palm Beach County, visit their website here.

NAI REAL Leaders

PRESS RELEASE: Palm Beach International Plaza Begins Aggressive Property Improvement Plan

NAI/Merin Hunter Codman is Awarded the Property Management and Leasing Assignment of Palm Beach International Plaza

West Palm Beach, FL. – Palm Beach County’s leading commercial real estate services firm, NAI/Merin Hunter Codman, Inc. has been retained by local investor, Belvedere Acquisition, LLC, to oversee the renovation and rebranding of Palm Beach International Plaza, a 111,000-square- foot office complex strategically located across from the Palm Beach International Airport, at 1601 Belvedere Road, in West Palm Beach, Florida. In July of 2017, Belvedere Acquisition, LLC purchased the property from 1601 Belvedere Road Holdings, who had held the property on behalf of a CMBS trust.

NAI/Merin Hunter Codman has been retained to oversee leasing, property management and construction management of the property. Renovation plans include repainting of the towers, main entrance upgrades, enhanced lighting, fresh landscaping, a lobby makeover and new digital tenant directories. NAI/Merin Hunter Codman will be offering a variety of suites from 1,200 to 45,000 square feet, including several move-in ready spec suites, as well as efficient and flexible large blocks of customizable space.

Principal, Jason L. Sundook, SIOR and NAI/Merin Hunter Codman’s newest Commercial Associate, Christopher T. Smith will be leasing the property. “The momentum and pre-upgrade leasing has been tremendous! The complex improvements coupled with the recent announcement of a significant renovation of the adjacent Embassy Suites’ hotel which will be offering complimentary and discounted hotel amenities to Palm Beach International Plaza’s tenants have resulted in a wave of tours and leasing activity,” touted Mr. Sundook.

CLICK HERE to read the full press release.

Press Releases

BROKER HAPPY HOUR at Palm Beach International Plaza

NAI/Merin Hunter Codman’s Jason L. Sundook, SIOR and Christopher T. Smith welcomed top area brokers to the reintroduction of Palm Beach International Plaza in West Palm Beach on Thursday evening, October 26th. Palm Beach International Plaza is located at 1601 Belvedere Road, close to downtown West Palm Beach and only half a mile from I-95. The property is undergoing a multi-million dollar renovation and touts great rates, unbelievable signage, and unmatched access. New, sophisticated ownership is offering aggressive deals for tenants and brokers.

The focus of this broker happy hour was the South Tower’s second-floor availabilities, ranging from 1,179 – 10,531 SF (leases pending on three of these suites). Tenants of Palm Beach International Plaza enjoy fantastic amenities through the connected Embassy Suites hotel, digital tenant directory and updated lobbies, a wide variety of floor plans from small spec suites to full floors, a convenient location near numerous West Palm Beach amenities, and unmatched access to the airport (ideal for frequent travelers).

At the event, brokers enjoyed a signature “Palm Beach International” cocktail along with other spirits and delicious appetizers catered by the hotel, a prize raffle, and lots of laughs.

To learn more about Palm Beach International Plaza’s availabilities feel free to call Jason or Chris at 561 471 8000 or click here. Please enjoy photos from the event below.

Events

News Article: South Florida Office Market Heats Up

Neil Merin was featured in the South Florida Business Journal…

“Preleasing has been slower in Palm Beach Gardens, where the speculative 63,500-square-foot Gardens Innovation Center was recently completed. Broker Neil Merin, chairman of NAI/Merin Hunter Codman, said the building has no leases, but now that companies can tour the finished space, he’s seen more interest.

“Unless people can see something, they won’t lease it,” Merin said. Merin’s client self-funded Gardens Innovation Center without waiting for preleases, but many developers aren’t willing to put so much of their money on the line, and prefer to combine equity with a construction loan. If a developer can’t obtain a solid percentage of preleases, obtaining construction financing is nearly
impossible.”

CLICK HERE to read the full article.

News Articles