South Florida's Retail Vacancy Decreases to 6.6%

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The South Florida retail market experienced a slight improvement in market conditions in the first quarter 2011. CLICK ON THE HEADLINE FOR MORE ON THIS STORY

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Palm Beach Shopping Center Trades For $59 Million

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CBRE represented an affiliate of the Sembler Company in the sale of Boynton Town Center a 202,000sf shopping center on Congress Avenue across from the Boynton Beach Mall in Boynton Beach.

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Woolbright Acquires Village Commons

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Retail owner and developer Woolbright Development has acquired the Village Commons, a 169,000sf retail center, located at 701-971 Village Boulevard in West Palm Beach.

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Retail Therapy For NAI/Merin Hunter Codman

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NAI/Merin Hunter Codman has been awarded over 1 million square feet of new retail property leasing assignments in Broward, Palm Beach and Martin counties.

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Big Box Electronics Retailer Plans Expansion

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Electronics retailer hhgregg recently announced a plan to expand with five new stores in Broward and Palm Beach counties last month, taking advantage of some of the Circuit City locations that will be coming available.

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New COO For NAI/Merin Hunter Codman

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Jordan C. Paul will lead operations for brokerage, construction and property management services and represent the company with business and civic leaders to promote expansion, in addition to overseeing financial performance, and business development.

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Village Commons Fetches $26 Million

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Village Commons, a Publix-anchored shopping center located just west of I-95 at the intersection of Village Boulevard and Brandywine Road in West Palm Beach, Florida, was acquired for approximately $152 per sf.

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Brother and Sister Team Form New CRE Company

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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.

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West Palm's Transit Village Plan Is A Go

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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.

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