CityPlace Office Tower Adds 7,000sf Tenant
Tenant’s decision to relocate from Phillips Point based largely on CityPlace’s hurricane-resistant features.
Procacci Achieves Zurich Certification
Procacci Development Corporation, a full service real estate developer based in Boca Raton, has achieved Zurich Insurance HPR (Highly Protected Risk) certification. Procacci earned this certification by exceeding standards created to allow both structures and businesses the ability to weather significant storm events and sustain stability.
Michael Rauch Opens Boutique Firm
Commercial real estate broker, property manager and investor, Michael W. Rauch, has opened a new boutique brokerage, investment and property management firm, Rauch, Hartman, Sherer & Co., Chartered Commercial Real Estate Advisors, located in Boca Raton.
Brother and Sister Team Form New CRE Company
Jay Whelchel and Kristy Whelchel Hartofilis have joined forces to open Whelchel Partners Real Estate Services, Inc., specializing in leasing, property management, sales and other custom real estate services for the office, medical, retail, industrial and mixed-use sectors.
West Palm's Transit Village Plan Is A Go
On Tuesday, the Palm Beach County Commission approved Transit Village LLC, a company managed by Boca Raton businessman Michael Masanoff, as the developer for the 5.7-acre site known as “the wedge.” The project calls for 600,000 to 950,000 square feet of office, educational and retail space, plus hotel and housing units.
Medwin Named Managing Director At JLL
Steven J. Medwin will head the Jones Lang LaSalle’s brokerage business for South Florida. His responsibilities will include managing the landlord and tenant representation teams for both office and industrial real estate.
Prime Space: Rare and Well Done
Sanctuary Centre offers a prime location and rare business advantages.
Sacks and Reed Say "SOLD"!
Peter D. Reed and George Sacks, principals of Boca Raton-based Commercial Florida Realty Services, announced the sale of Chase Bank Building at 555 N. Congress Ave., Boynton Beach.
The 19,791sf, three-story building is on a 2.2-acre outparcel at the northwest corner of Congress Avenue and the east entrance road to the Boynton Beach Mall. The professional office complex sold for $1,700,000.
Terranova Secures $13M LexisNexis Lease
Terranova Corp. announced that LexisNexis has signed a 10-year lease renewal at Meridian Commercial Office Complex at 6601 Park of Commerce Boulevard in Boca Raton. Terranova Senior Commercial Associate Gordon Messinger represented the landlord in the 61,524sf transaction valued at more than $13 million.
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