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NAI/Merin Hunter Codman Hires Chief Operating Officer

January 8, 2023/in News/by SFOBA STAFF

Bringing over 20 years’ experience to the firm, Matthew Brown comes to NAI/Merin Hunter Codman from New York City based Dabby Investments where he served as Chief Investment Officer responsible for identifying and acquiring value-add commercial real estate assets throughout the United States.

West Palm Beach Office Building Trades For $252 PSF In Off-Market Deal

January 3, 2023/in Done Deals, News/by SFOBA STAFF

Yishai Sinai, Managing Broker with Biscayne Advisors, represented the buyer in the transaction. Berger Commercial Realty’s Brian Batchelder and Joseph P. Byrnes represented the seller.

NAI/Merin Hunter Codman Hires Chief Operating Officer

January 8, 2023/in News/by SFOBA STAFF

West Palm Beach Office Building Trades For $252 PSF In Off-Market Deal

January 3, 2023/in Done Deals, News/by SFOBA STAFF

Yishai Sinai, Managing Broker with Biscayne Advisors, represented the buyer in the transaction. Berger Commercial Realty’s Brian Batchelder and Joseph P. Byrnes represented the seller.

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NAI/Merin Hunter Codman Hires Chief Operating Officer

January 8, 2023/in News/by SFOBA STAFF

NAI/Merin Hunter Codman has hired Matthew Brown as Chief Operating Officer.

As Chief Operating Officer, Mr. Brown will be responsible for overseeing the growth and operation of NAI/Merin Hunter Codman’s real estate brokerage and property management businesses as well as playing a key role in identifying and closing real estate acquisition opportunities in the Southeastern United States on behalf of the firm’s affiliated MHCommercial Real Estate Funds.

Bringing over 20 years’ experience to the firm, Mr. Brown comes to NAI/Merin Hunter Codman from New York City based Dabby Investments where he served as Chief Investment Officer responsible for identifying and acquiring value-add commercial real estate assets throughout the United States. He also brings a strong commercial real estate brokerage and capital markets advisory background to NAI/Merin Hunter Codman having previously served as a Managing Director and capital markets team leader with Colliers International, Newmark, and the Carlton Group.

Mr. Brown said, “I am truly fortunate to be working with a fantastic team, across a variety of business lines that NAI/Merin Hunter Codman has successfully cultivated over the last 30 years. I am enjoying reconnecting and making many new friends in South Florida’s brokerage community as we are actively expanding our commercial real estate brokerage platform. On the fund side, we continue to leverage our management and leasing expertise in delivering value for our investors, and I am excited to help further scale this side of our business.”

Jordan Paul, Chief Executive Officer of NAI/Merin Hunter Codman said, “Matt’s combination of capital markets, real estate brokerage, acquisition, and transaction experience makes him the ideal person to join us in a leadership role as we continue to grow our real estate services and investment management businesses.”

West Palm Beach Office Building Trades For $252 PSF In Off-Market Deal

January 3, 2023/in Done Deals, News/by SFOBA STAFF

Yishai Sinai, Managing Broker with Biscayne Advisors, represented the buyer in the purchase of a 41,400-square-foot suburban Class B office building located at 2005 Vista Parkway in West Palm Beach.

Berger Commercial Realty/Corfac International Vice President Brian Batchelder and Senior Vice President Joseph P. Byrnes represented the seller, 123 West 92nd Street, LLC, in the transaction.

153 East 26th Street, LLC purchased Vista Center for $10,430,000, or $252 per square foot.

“This was a win-win situation as the Seller was able to sell the asset at the pinnacle of office sales in South Florida while leaving some value added for the Buyer to elevate the lease rates due to the strong leasing market,” commented Batchelder.

Berger Commercial Realty has retained the leasing and property management for the new owner.

Built in 2004, the building, located at the entrance of a first-class business park, was completely renovated in 2013 and features Okeechobee Boulevard frontage, free assigned covered parking, free surface parking, impact resistant windows, and is located near restaurants, lodging, banking, and shopping.

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NAI/Merin Hunter Codman Hires Chief Operating Officer

West Palm Beach Office Building Trades For $252 PSF In Off-Market Deal

NAI/Merin Hunter Codman Hires Chief Operating Officer

West Palm Beach Office Building Trades For $252 PSF In Off-Market Deal

Full Sized Blog Element (Big Preview Pic)

NAI/Merin Hunter Codman Hires Chief Operating Officer

West Palm Beach Office Building Trades For $252 PSF In Off-Market Deal

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