EML Realty Partners Sells Three Properties in West Palm Beach
Bill Reichel with Reichel Realty & Investments handled the sale of all three properties for EML Realty Partners, which sold for a combined sales price of approximately $10 million.
Bill Reichel with Reichel Realty & Investments handled the sale of all three properties for EML Realty Partners, which sold for a combined sales price of approximately $10 million.
The 157-room hotel underwent a property-wide renovation in 2016 that repositioned the hotel as a luxury lifestyle, industry-leading hotel in the market.
Here are the most popular news headlines this past week on CRE-sources.
The closed transactions are valued at over $63 million.
Six building structures were cleared to accommodate the new 45-story, twin tower mixed-use project.
JLL Capital Markets arranged the sales of the 70,288-square-foot Shops at Sunset Lakes in Miramar, Florida and the 109,811-square-foot Town Center Shops at Jensen Beach.
Benjamin H. Silver and Charlie Manuel with CBRE represented the seller and procured the buyer.
The company began as a property management firm and remained solely focused on property management for the first years. Now, as one of the largest independently owned and operated commercial real estate brokerage and property management firms in South Florida, the company has grown to 45 employees with two offices in two counties, currently averaging approximately 300 brokerage transactions each year for a total volume of roughly $400 million.
The committee will assist in shaping the company’s strategy and direction, provide market guidance and expertise, review investment opportunities, and offer important perspectives and feedback.
Here are the most popular news headlines this past week on CRE-sources.
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