Carla F. Casey, Regional Manager, Property Management, has earned the Real Property Administrator® designation from BOMI International, an independent educational institute serving the property and facility industries.
Ms. Casey joined Brenner Real Estate Group in 1998. She is located in Brenner’s Melbourne office and oversees Brenner’s South Florida and Space Coast property management portfolios, including administration and management of properties, construction management, budget preparation, leasing and land sales. Ms. Casey has handled the property management and construction management for many receivership accounts including Ocean Dunes in Melbourne Beach, FL, America’s Best Value Inn in Vero Beach, FL, and the Fort Pierce Inlet Marina.
Ms. Casey has a Bachelor of Arts in Communications from Bowling Green State University, and has a professional background including residential property management, community association management and other commercial property management.
CBRE was selected to lease and manage One Clearlake Centre, a 236,500-square-foot, 18-floor Class A office tower and home to KRES Commercial, located at 250 South Australian Avenue in West Palm Beach.
CBRE will market the property on behalf of AEW Capital Management (AEW), and will provide leasing, property management, project management and technical services.
The most visible downtown building from I-95, One Clearlake is a LEED Silver-certified property offering exceptional views of West Palm Beach and water views from each floor. The property’s location and size make it an attractive asset in a market that is generating interest from both local and national tenants.
“There’s a lot of market momentum right now and Palm Beach County’s aggressive and largely successful efforts to lure firms from California and New York City have ratcheted up that competition even more,” said Ken Krasnow, CBRE South Florida’s Managing Director. “One Clearlake has headquarters appeal because it’s highly visible from I-95, it offers the largest block of vertically contiguous space in the county and it is close to the central business district and all of its amenities.”
CBRE’s Investor Services Group, led by Senior Managing Director Patricia Nooney, will provide executive oversight to the leasing, property management and capital improvements. “We are thrilled to have the opportunity to work with AEW, one of the world’s leading real estate investment advisors,” said Ms. Nooney. “We’re confident that the disciplines and resources CBRE brings to this major assignment in downtown West Palm Beach will enable us to deliver exceptional service and ensure the property is maintained at levels consistent with an institutional-quality product.”
CBRE Vice President Anthony Librizzi will provide leasing services for the property with Associate Josh Nolan. The CBRE Asset Services team at the property will be led by South Florida Director Lisa Jesmer. Project Management will be led by Managing Director Greg Main-Baillie, and Technical Services by Director David Day. Michelle Horn is the Senior Real Estate Manager and Wayne Stracke is the Chief Engineer.
https://sfoba.com/wp-content/uploads/2013/07/One-Clearlake-Centre-West-Palm-Beach.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-07-10 15:53:202013-07-10 15:53:20CBRE Tapped To Lease, Manage West Palm Beach Office Tower
Avison Young’s South Florida office announced the sale of Plum Park, a 61,759 square foot class B business complex located at 141 NW 20th Street in Boca Raton, for $6 million.
Vice President of Investment Sales David Duckworth, Principal Keith O’Donnell and Associate Jonathan Senn of Avison Young were responsible for executing the lease-up and represented ownership CW Capital during the sale. “This project was a true collaborative effort between the leasing team and the investment sales team within our company,” said Mr. Duckworth. “It once again highlights Avison Young’s ability to stabilize an asset and then maximize the sale price by executing a well thought out plan with our client.”
The Plum Park transaction shows the aggressiveness of commercial property investors and the intensifying competition for B market properties in the Boca Raton area. In response to the uptick in demand of current and new buyers, Avison Young’s keen understanding of area trends and strategic marketing approach to investment sales while working with clients during the diversification process allows properties to properly compete in the market as high quality assets.
“When we were initially awarded the responsibility of leasing, repositioning and the ultimate sale of Plum Park, the asset had high vacancy with existing tenants in default,” said Mr. Duckworth. “Our team was uniquely qualified to replace delinquent tenants with high caliber businesses in stronger financial conditions, thereby adding value to the property.”
Plum Park is comprised of five singe-story office/retail buildings with flexible space plans from 761 square feet up to 7,521 square feet. The well-maintained grounds feature lush tropical landscaping, signage and ample parking. Located just west of Dixie Highway and minutes away from the I-95, the property allows tenants convenient access to major thoroughfares and local amenities.
https://sfoba.com/wp-content/uploads/2013/03/David-Duckworth.png270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-07-09 16:01:582013-07-09 16:01:58Boca’s Plum Park Trades
Reese Stigliano, Senior Vice President of Brenner Real Estate Group, has been selected as the exclusive agent for the sale of Villas de Mallorca, a 252-unit multifamily apartment project located in Miramar, Florida.
Stigliano will be joint marketing the property with the Tax Credit Group of Marcus & Millichap, a national real estate brokerage company.
The property, built in 2002, is a Section 42 Low Income Housing Tax Credit (LIHTC) project. The LIHTC program is an indirect Federal subsidy used to finance the development of affordable rental housing for low-income households. The property consists of 252, two and three bedroom apartments in sixteen (16) three story “Garden Style” buildings situated on 14 acres of land. Current occupancy is 100%.
When asked about the joint marketing arrangement with Marcus & Millichap, Stigliano said, “The tax credit affordable housing market is a highly specialized type of real estate investment. There are federal and state compliance issues regarding tenant income restrictions and rental rates caps that are unique to this type of development. The buyer of tax-credit, affordable housing projects are highly sophisticated and tend to focus specifically on this type of product. While I bring 30 years experience in South Florida real estate to the table, the Tax Credit Group of Marcus & Millichap, which is located in Seattle, Washington, have their finger on the pulse of the limited scope buyer of these LIHTC projects.”
Reese went on to say,”This is a very unique arrangement for me. It is the first time I co-listed a property with a national brokerage company. By nature, real estate is local. Extensive market knowledge and personal relationships is how I’ve been able to succeed in this business for three decades. I’ve known the owner of this property for over 15 years. And although, I felt comfortable marketing the property, I thought it was in the best interest of my client to expose the property to the broadest range of buyers possible in order to achieve the highest sale price.”
According to Elliot Stone, president of The Royal Castle Companies, the developer and owner of the property, “I end up with the best of both worlds, a loyal and trusted advisor who has extensive knowledge of the local market with Reese Stigliano and the exposure I need for this specific project from a national broker. “ “Now all they have to do is sell it!” said Mr. Stone.
The asking price is $25 million.
https://sfoba.com/wp-content/uploads/2012/06/reese-stigliano1.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-07-03 16:25:372013-07-03 16:25:37Reese Stigliano Appointed Exclusive Agent For Multifamily Project
On the heels of its conversion to a multi-tenant office building, One Town Center has signed its first tenant, Kayne Anderson Real Estate Advisors (KAREA).
The private equity firm, which is the real estate arm of Los Angeles-based Kayne Anderson Capital Advisors, has signed a lease for 12,637 square feet. Michael Erickson, Senior Vice President with CBRE handled the real estate transaction on behalf of building owner MetLife and CBRE’s Senior Vice President, Jeff Kelly, represented the tenant with the assistance of John Jaspert, Senior Associate.
“We’re excited to make the move to Palm Beach County and to set up offices in a Class A building like One Town Center,” said Al Rabil, managing partner and CEO of Kayne Anderson Real Estate Advisors. “We thank the Palm Beach County Business Development Board, MetLife and CBRE for their efforts to make this a seamless transition for us.”
Instrumental in the deal were the efforts of the Palm Beach County Business Development Board who have been working to bring hedge-fund and private-equity firms to Palm Beach County.
“There has been a significant amount of interest from hedge fund and private equity companies looking to set up offices in Palm Beach County. Approximately 15 have relocated to the area over the past two years,” said Kelly Smallridge, the BDB’s President and CEO.
“We are especially pleased that One Town Center has helped attract new business to the area,” stated Chuck Davis, regional director of MetLife’s Tampa real estate investment office. “It is an exceptional building that has the high-profile, Class A office space needed to accommodate all of Kayne Anderson’s needs.”
Earlier this year One Town Center, formerly known as the Tyco Building, reentered the Boca Raton leasing market with the largest block of Class A office space in the Glades/West Boca submarket. The building has undergone a conversion from a single-use Class A office building to a multi-tenant office building. In addition to amenity upgrades and renovations to the lobby and common areas, the third floor was renovated as a multi-tenant office floor to showcase the building’s flexibility to meet market demand for tenant spaces of all sizes. Kayne Anderson is taking over half of the third floor space.
“This marks the first time in 21 years that tenants have the opportunity to lease space at this address since the property was in a single tenant’s hands for most of its history,” said Michael Erickson, CBRE Senior Vice President. “The renovations have ensured the building maintains its iconic status, drawing interest from prospective tenants both within and outside of the Boca Raton market.”
https://sfoba.com/wp-content/uploads/2013/06/Mike-Erickson.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-06-26 23:57:172013-06-26 23:57:17Boca’s One Town Center Signs First Tenant
Brenner’s Carla Casey Earns RPA® Designation
/in News/by SFOBA STAFFCarla F. Casey, Regional Manager, Property Management, has earned the Real Property Administrator® designation from BOMI International, an independent educational institute serving the property and facility industries.
Ms. Casey joined Brenner Real Estate Group in 1998. She is located in Brenner’s Melbourne office and oversees Brenner’s South Florida and Space Coast property management portfolios, including administration and management of properties, construction management, budget preparation, leasing and land sales. Ms. Casey has handled the property management and construction management for many receivership accounts including Ocean Dunes in Melbourne Beach, FL, America’s Best Value Inn in Vero Beach, FL, and the Fort Pierce Inlet Marina.
Ms. Casey has a Bachelor of Arts in Communications from Bowling Green State University, and has a professional background including residential property management, community association management and other commercial property management.
CBRE Tapped To Lease, Manage West Palm Beach Office Tower
/in News/by SFOBA STAFFCBRE was selected to lease and manage One Clearlake Centre, a 236,500-square-foot, 18-floor Class A office tower and home to KRES Commercial, located at 250 South Australian Avenue in West Palm Beach.
CBRE will market the property on behalf of AEW Capital Management (AEW), and will provide leasing, property management, project management and technical services.
The most visible downtown building from I-95, One Clearlake is a LEED Silver-certified property offering exceptional views of West Palm Beach and water views from each floor. The property’s location and size make it an attractive asset in a market that is generating interest from both local and national tenants.
“There’s a lot of market momentum right now and Palm Beach County’s aggressive and largely successful efforts to lure firms from California and New York City have ratcheted up that competition even more,” said Ken Krasnow, CBRE South Florida’s Managing Director. “One Clearlake has headquarters appeal because it’s highly visible from I-95, it offers the largest block of vertically contiguous space in the county and it is close to the central business district and all of its amenities.”
CBRE’s Investor Services Group, led by Senior Managing Director Patricia Nooney, will provide executive oversight to the leasing, property management and capital improvements. “We are thrilled to have the opportunity to work with AEW, one of the world’s leading real estate investment advisors,” said Ms. Nooney. “We’re confident that the disciplines and resources CBRE brings to this major assignment in downtown West Palm Beach will enable us to deliver exceptional service and ensure the property is maintained at levels consistent with an institutional-quality product.”
CBRE Vice President Anthony Librizzi will provide leasing services for the property with Associate Josh Nolan. The CBRE Asset Services team at the property will be led by South Florida Director Lisa Jesmer. Project Management will be led by Managing Director Greg Main-Baillie, and Technical Services by Director David Day. Michelle Horn is the Senior Real Estate Manager and Wayne Stracke is the Chief Engineer.
Boca’s Plum Park Trades
/in Done Deals, News/by SFOBA STAFFAvison Young’s South Florida office announced the sale of Plum Park, a 61,759 square foot class B business complex located at 141 NW 20th Street in Boca Raton, for $6 million.
Vice President of Investment Sales David Duckworth, Principal Keith O’Donnell and Associate Jonathan Senn of Avison Young were responsible for executing the lease-up and represented ownership CW Capital during the sale. “This project was a true collaborative effort between the leasing team and the investment sales team within our company,” said Mr. Duckworth. “It once again highlights Avison Young’s ability to stabilize an asset and then maximize the sale price by executing a well thought out plan with our client.”
The Plum Park transaction shows the aggressiveness of commercial property investors and the intensifying competition for B market properties in the Boca Raton area. In response to the uptick in demand of current and new buyers, Avison Young’s keen understanding of area trends and strategic marketing approach to investment sales while working with clients during the diversification process allows properties to properly compete in the market as high quality assets.
“When we were initially awarded the responsibility of leasing, repositioning and the ultimate sale of Plum Park, the asset had high vacancy with existing tenants in default,” said Mr. Duckworth. “Our team was uniquely qualified to replace delinquent tenants with high caliber businesses in stronger financial conditions, thereby adding value to the property.”
Plum Park is comprised of five singe-story office/retail buildings with flexible space plans from 761 square feet up to 7,521 square feet. The well-maintained grounds feature lush tropical landscaping, signage and ample parking. Located just west of Dixie Highway and minutes away from the I-95, the property allows tenants convenient access to major thoroughfares and local amenities.
Reese Stigliano Appointed Exclusive Agent For Multifamily Project
/in News/by SFOBA STAFFReese Stigliano, Senior Vice President of Brenner Real Estate Group, has been selected as the exclusive agent for the sale of Villas de Mallorca, a 252-unit multifamily apartment project located in Miramar, Florida.
Stigliano will be joint marketing the property with the Tax Credit Group of Marcus & Millichap, a national real estate brokerage company.
The property, built in 2002, is a Section 42 Low Income Housing Tax Credit (LIHTC) project. The LIHTC program is an indirect Federal subsidy used to finance the development of affordable rental housing for low-income households. The property consists of 252, two and three bedroom apartments in sixteen (16) three story “Garden Style” buildings situated on 14 acres of land. Current occupancy is 100%.
When asked about the joint marketing arrangement with Marcus & Millichap, Stigliano said, “The tax credit affordable housing market is a highly specialized type of real estate investment. There are federal and state compliance issues regarding tenant income restrictions and rental rates caps that are unique to this type of development. The buyer of tax-credit, affordable housing projects are highly sophisticated and tend to focus specifically on this type of product. While I bring 30 years experience in South Florida real estate to the table, the Tax Credit Group of Marcus & Millichap, which is located in Seattle, Washington, have their finger on the pulse of the limited scope buyer of these LIHTC projects.”
Reese went on to say,”This is a very unique arrangement for me. It is the first time I co-listed a property with a national brokerage company. By nature, real estate is local. Extensive market knowledge and personal relationships is how I’ve been able to succeed in this business for three decades. I’ve known the owner of this property for over 15 years. And although, I felt comfortable marketing the property, I thought it was in the best interest of my client to expose the property to the broadest range of buyers possible in order to achieve the highest sale price.”
According to Elliot Stone, president of The Royal Castle Companies, the developer and owner of the property, “I end up with the best of both worlds, a loyal and trusted advisor who has extensive knowledge of the local market with Reese Stigliano and the exposure I need for this specific project from a national broker. “ “Now all they have to do is sell it!” said Mr. Stone.
The asking price is $25 million.
Want: Medical Office Condo
/in News/by SFOBA STAFFSeeking to purchase a Medical Office Condo
Contact:
Frank Castoro
NAI Rauch Weaver Norfleet Kurtz & Co.
954.489.3931 DIRECT
954.665.3737 MOBILE
Boca’s One Town Center Signs First Tenant
/in Done Deals, News/by SFOBA STAFFOn the heels of its conversion to a multi-tenant office building, One Town Center has signed its first tenant, Kayne Anderson Real Estate Advisors (KAREA).
The private equity firm, which is the real estate arm of Los Angeles-based Kayne Anderson Capital Advisors, has signed a lease for 12,637 square feet. Michael Erickson, Senior Vice President with CBRE handled the real estate transaction on behalf of building owner MetLife and CBRE’s Senior Vice President, Jeff Kelly, represented the tenant with the assistance of John Jaspert, Senior Associate.
“We’re excited to make the move to Palm Beach County and to set up offices in a Class A building like One Town Center,” said Al Rabil, managing partner and CEO of Kayne Anderson Real Estate Advisors. “We thank the Palm Beach County Business Development Board, MetLife and CBRE for their efforts to make this a seamless transition for us.”
Instrumental in the deal were the efforts of the Palm Beach County Business Development Board who have been working to bring hedge-fund and private-equity firms to Palm Beach County.
“There has been a significant amount of interest from hedge fund and private equity companies looking to set up offices in Palm Beach County. Approximately 15 have relocated to the area over the past two years,” said Kelly Smallridge, the BDB’s President and CEO.
“We are especially pleased that One Town Center has helped attract new business to the area,” stated Chuck Davis, regional director of MetLife’s Tampa real estate investment office. “It is an exceptional building that has the high-profile, Class A office space needed to accommodate all of Kayne Anderson’s needs.”
Earlier this year One Town Center, formerly known as the Tyco Building, reentered the Boca Raton leasing market with the largest block of Class A office space in the Glades/West Boca submarket. The building has undergone a conversion from a single-use Class A office building to a multi-tenant office building. In addition to amenity upgrades and renovations to the lobby and common areas, the third floor was renovated as a multi-tenant office floor to showcase the building’s flexibility to meet market demand for tenant spaces of all sizes. Kayne Anderson is taking over half of the third floor space.
“This marks the first time in 21 years that tenants have the opportunity to lease space at this address since the property was in a single tenant’s hands for most of its history,” said Michael Erickson, CBRE Senior Vice President. “The renovations have ensured the building maintains its iconic status, drawing interest from prospective tenants both within and outside of the Boca Raton market.”