The Keyes Company is announcing a merger with Burst Commercial Real Estate Services, Inc., in order to form a new entity specializing in commercial real estate.
John Geisen, Executive Vice President, will direct the new company, KRES Commercial, a subsidiary of The Keyes Company. Mr. Geisen was formerly associated with CB Richard Ellis and Codina / Flagler Real Estate Services. According to Mr. Geisen, “We feel the merger with Burst Commercial demonstrates our commitment to the commercial real estate market, and will help expand our presence in South Florida.”
Burst Commercial Real Estate Services was founded by Tom Burst in 1996, and has been a strong influence in the commercial real estate market ever since. Burst has been active in commercial real estate since 1986 when he first worked with Geisen at CBRE. According to Mr. Geisen, “It seems very natural that Tom and I would reunite after having worked together more than 20 years ago.” Burst, who will serve as Director of Properties at KRES Commercial, commented “I like the idea of putting the old team back together; it will be fun.”
The Keyes Company is expanding in order to provide a superior level of real estate service to national, regional, and local real estate owners throughout Palm Beach County and South Florida. KRES Commercial will focus on the sale, leasing, and management of office, industrial and retail commercial properties. “This is the best team to provide the highest level of service to our commercial clients,” said Mike Pappas, President and CEO of The Keyes Company.
Solitron Devices, Inc. entered into a new lease with its Landlord, Eurobank, for the occupancy and use of its 47,000 square foot facility located at 3301 Electronics Way in West Palm Beach, FL.
The initial term of the Lease is for four years and eleven months beginning on February 1, 2012 and ending on December 31, 2016. The Company has the option to extend the initial term of the Lease for an additional five years.
Solitron will pay a base rent of $29,743 a month. Commencing on January 1, 2013 and on the first day of January of every subsequent year, the base rent will be increased by no less than three percent nor more than five percent annually. The Company will pay for the cost of electrical service to the air conditioning units servicing its own area.
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets.
The Wave Streetcar Project was awarded an $18 million transportation TIGER grant from the Federal Transit Administration.
This project has been the work of a regional team of partners that includes the South Florida Regional Transportation Authority (SFRTA) project sponsor, the Downtown Development Authority (DDA), the Broward Metropolitan Planning Organization (Broward MPO), Broward County, Broward County Transit (BCT), the City of Fort Lauderdale, and Florida Department of Transportation (FDOT). The Wave is viewed as an important next step in creating a regional transit framework that will greatly enhance the economic development, livability, and environment of South Florida.
The first phase of the project will eventually have streetcars running along a 2.7-mile corridor in Downtown Fort Lauderdale and is anticipated to open in late 2015.
Kristin Jacobs, Chair of the South Florida Regional Transportation Authority and Vice Mayor of Broward County said, “I am very excited about the future of Broward County with the Wave Streetcar. Creating a sustainable community through transit options and being environmentally responsible have long been among my priorities. This project exemplifies what can result when federal, state, and local governments and agencies partner together for the good of the community. Without the generous support of the Federal Transit Administration and the collaboration of the Florida Department of Transportation, Broward County, the South Florida Regional Transportation Authority, Downtown Development Authority, the Metropolitan Planning Organization, the City of Fort Lauderdale and Broward County Transit, this project would not have come to fruition. We look forward to not only this first phase but to the successful expansion of this system to the west to bring in our sister cities with more choices for mass transit in the future.”
The Broward MPO’s Executive Director, Gregory Stuart commented, “The Wave streetcar will enhance existing transportation choices, radiating out from the Broward MPOs first (funded) mobility hub; the Gateway hub itself is a multi-block location that offers private developers the opportunity to build in a location where multiple boarding’s and alighting’s will occur. The Wave streetcar is a critical starting point for implementing the MPO Board’s vision, to transform transportation options in and around Broward County.”
“The Wave Streetcar is a key investment in the future of the City of Fort Lauderdale,” said Fort Lauderdale Mayor John P. “Jack” Seiler. “It will provide enhanced mobility and connectivity throughout our downtown, stimulate economic development, and promote long-term sustainability by offering a quick, convenient and environmentally-friendly public transportation alternative.”
“I believe this is taking our downtown to the next level. This type of infrastructure investment will increase private development by six-fold in and around our downtown. It will lead to improvements such as new housing, fun and exciting shops, boutiques, and galleries. This investment will further eliminate our blighted empty lots, improve drainage, and create a vast system of pedestrian improvements with sidewalks, shade trees, street lighting, and crosswalks,” said DDA Executive Director, Chris Wren.
https://sfoba.com/wp-content/uploads/2012/07/The-Wave.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-07-11 01:42:362012-07-11 01:42:36Wave Streetcar Project Awarded $18 Million Grant
Jeffrey Scott, Senior Vice President, Commercial Brokerage with Brenner Real Estate Group, represented the landlord, Moshe Farache, in the 52,272 square foot lease of a construction yard located at 2240 NW 22nd Street in Pompano Beach to DP Development of the Treasure Coast, LLC, a construction company.
According to Mr. Scott, the tenant will be purchasing the 2,000 SF on-site office building and site during the next 10 months as per the contract terms.
The tenant was represented by Adam Armaganian of Arman & Adams Realty.
https://sfoba.com/wp-content/uploads/2012/07/2240-NW-22nd-Street-Pompano-Beach.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-07-06 00:28:322012-07-06 00:28:32Jeffrey Scott Leases 52,000 SF Construction Yard
Colliers International South Florida is pleased to announce that Senior Commercial Associates Sal Bonsignore and Clinton Casey have been appointed the exclusive leasing agents for 1201 W. Cypress Creek Road in Fort Lauderdale, FL.
The 110,500-square-foot Class A office building is part of the 24-acre Crown Center green campus. Crown Center is the only “for profit” LEED Certified Campus within the State of Florida. Office spaces available at the property range between 5,000 to 16,000 square feet.
“We are truly excited to begin working with the Ownership at Crown Center,” says Bonsignore. “They have a great reputation for creating and maintaining the class A office campus. We are glad to be part of their marketing and leasing team.”
The 470,000 SF Crown Center campus consists of six buildings and is home to numerous large corporate tenants including Sanford-Brown, CruiseOne, and Brown & Brown Insurance.
https://sfoba.com/wp-content/uploads/2012/07/Crown-Center-1201-W-Cypress-Creek-Road-Ft.-Lauderdale.png270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-07-04 02:49:482012-07-04 02:49:48Colliers Lists Class A Cypress Creek Office For Lease
Steve Hyatt, Senior Vice President with Berger Commercial Realty, represented Indigo Land Riverside Landings, LLC in the sale of 2.5 acres of vacant residential land, located at 1200—1215 S.W. 5th Court in Fort Lauderdale, for $1.1 million to Lavish Holding Corp, represented by Tom Evental of Domain Real Estate Services.
The site plan is approved for eight single family homes and six duplexes.
https://sfoba.com/wp-content/uploads/2012/06/sold.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-06-28 02:55:482012-06-28 02:55:48Berger’s Steve Hyatt Closes $1.1 Million Deal
Geisen & Burst Join Forces
/in News/by SFOBA STAFFThe Keyes Company is announcing a merger with Burst Commercial Real Estate Services, Inc., in order to form a new entity specializing in commercial real estate.
John Geisen, Executive Vice President, will direct the new company, KRES Commercial, a subsidiary of The Keyes Company. Mr. Geisen was formerly associated with CB Richard Ellis and Codina / Flagler Real Estate Services. According to Mr. Geisen, “We feel the merger with Burst Commercial demonstrates our commitment to the commercial real estate market, and will help expand our presence in South Florida.”
The Keyes Company is expanding in order to provide a superior level of real estate service to national, regional, and local real estate owners throughout Palm Beach County and South Florida. KRES Commercial will focus on the sale, leasing, and management of office, industrial and retail commercial properties. “This is the best team to provide the highest level of service to our commercial clients,” said Mike Pappas, President and CEO of The Keyes Company.
Solitron Inks 47,000 SF West Palm Lease
/in Done Deals/by SFOBA STAFFSolitron Devices, Inc. entered into a new lease with its Landlord, Eurobank, for the occupancy and use of its 47,000 square foot facility located at 3301 Electronics Way in West Palm Beach, FL.
The initial term of the Lease is for four years and eleven months beginning on February 1, 2012 and ending on December 31, 2016. The Company has the option to extend the initial term of the Lease for an additional five years.
Solitron will pay a base rent of $29,743 a month. Commencing on January 1, 2013 and on the first day of January of every subsequent year, the base rent will be increased by no less than three percent nor more than five percent annually. The Company will pay for the cost of electrical service to the air conditioning units servicing its own area.
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets.
Source: CityBiz
Wave Streetcar Project Awarded $18 Million Grant
/in News/by SFOBA STAFFThe Wave Streetcar Project was awarded an $18 million transportation TIGER grant from the Federal Transit Administration.
This project has been the work of a regional team of partners that includes the South Florida Regional Transportation Authority (SFRTA) project sponsor, the Downtown Development Authority (DDA), the Broward Metropolitan Planning Organization (Broward MPO), Broward County, Broward County Transit (BCT), the City of Fort Lauderdale, and Florida Department of Transportation (FDOT). The Wave is viewed as an important next step in creating a regional transit framework that will greatly enhance the economic development, livability, and environment of South Florida.
The first phase of the project will eventually have streetcars running along a 2.7-mile corridor in Downtown Fort Lauderdale and is anticipated to open in late 2015.
Kristin Jacobs, Chair of the South Florida Regional Transportation Authority and Vice Mayor of Broward County said, “I am very excited about the future of Broward County with the Wave Streetcar. Creating a sustainable community through transit options and being environmentally responsible have long been among my priorities. This project exemplifies what can result when federal, state, and local governments and agencies partner together for the good of the community. Without the generous support of the Federal Transit Administration and the collaboration of the Florida Department of Transportation, Broward County, the South Florida Regional Transportation Authority, Downtown Development Authority, the Metropolitan Planning Organization, the City of Fort Lauderdale and Broward County Transit, this project would not have come to fruition. We look forward to not only this first phase but to the successful expansion of this system to the west to bring in our sister cities with more choices for mass transit in the future.”
The Broward MPO’s Executive Director, Gregory Stuart commented, “The Wave streetcar will enhance existing transportation choices, radiating out from the Broward MPOs first (funded) mobility hub; the Gateway hub itself is a multi-block location that offers private developers the opportunity to build in a location where multiple boarding’s and alighting’s will occur. The Wave streetcar is a critical starting point for implementing the MPO Board’s vision, to transform transportation options in and around Broward County.”
“The Wave Streetcar is a key investment in the future of the City of Fort Lauderdale,” said Fort Lauderdale Mayor John P. “Jack” Seiler. “It will provide enhanced mobility and connectivity throughout our downtown, stimulate economic development, and promote long-term sustainability by offering a quick, convenient and environmentally-friendly public transportation alternative.”
“I believe this is taking our downtown to the next level. This type of infrastructure investment will increase private development by six-fold in and around our downtown. It will lead to improvements such as new housing, fun and exciting shops, boutiques, and galleries. This investment will further eliminate our blighted empty lots, improve drainage, and create a vast system of pedestrian improvements with sidewalks, shade trees, street lighting, and crosswalks,” said DDA Executive Director, Chris Wren.
Jeffrey Scott Leases 52,000 SF Construction Yard
/in Done Deals/by SFOBA STAFFJeffrey Scott, Senior Vice President, Commercial Brokerage with Brenner Real Estate Group, represented the landlord, Moshe Farache, in the 52,272 square foot lease of a construction yard located at 2240 NW 22nd Street in Pompano Beach to DP Development of the Treasure Coast, LLC, a construction company.
According to Mr. Scott, the tenant will be purchasing the 2,000 SF on-site office building and site during the next 10 months as per the contract terms.
The tenant was represented by Adam Armaganian of Arman & Adams Realty.
Colliers Lists Class A Cypress Creek Office For Lease
/in News/by SFOBA STAFFColliers International South Florida is pleased to announce that Senior Commercial Associates Sal Bonsignore and Clinton Casey have been appointed the exclusive leasing agents for 1201 W. Cypress Creek Road in Fort Lauderdale, FL.
The 110,500-square-foot Class A office building is part of the 24-acre Crown Center green campus. Crown Center is the only “for profit” LEED Certified Campus within the State of Florida. Office spaces available at the property range between 5,000 to 16,000 square feet.
“We are truly excited to begin working with the Ownership at Crown Center,” says Bonsignore. “They have a great reputation for creating and maintaining the class A office campus. We are glad to be part of their marketing and leasing team.”
The 470,000 SF Crown Center campus consists of six buildings and is home to numerous large corporate tenants including Sanford-Brown, CruiseOne, and Brown & Brown Insurance.
Berger’s Steve Hyatt Closes $1.1 Million Deal
/in Done Deals/by SFOBA STAFFSteve Hyatt, Senior Vice President with Berger Commercial Realty, represented Indigo Land Riverside Landings, LLC in the sale of 2.5 acres of vacant residential land, located at 1200—1215 S.W. 5th Court in Fort Lauderdale, for $1.1 million to Lavish Holding Corp, represented by Tom Evental of Domain Real Estate Services.
The site plan is approved for eight single family homes and six duplexes.