Tag Archive for: john geisen

John Geisen Joins Colliers As Executive VP

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Colliers International South Florida is pleased to announce that John Geisen has joined the company as Executive Vice President based out of the Colliers International Palm Beach office at 224 Datura Street in West Palm Beach.

Geisen is a past president of both the South Florida and Florida statewide chapters of the National Association of Industrial and Office Properties (NAIOP), and served on NAIOP’s national board.

“John is a respected leader and deal maker,” saysStephen Nostrand, CEO of Colliers International South Florida. “His depth of knowledge and the relationships that he has nurtured say so much about his reputation. When John and I worked together at Flagler, he was my mentor and now we have the incredible opportunity to have him as part of our growing Palm Beach, Martin and St. Lucie county business. We sincerely welcome one of the giants in our business.”  

Previously, Geisen was president of the brokerage division of Flagler Development Group, responsible for the leasing and management of 23 million square feet of office, industrial and retail space throughout Florida. Previously he was Senior Vice President/Senior Managing Director withCBRE. During his 20 years with that firm, he expanded their offices in Palm Beach, Broward, and Miami-Dade counties and was responsible for overseeing activities in the tri-county market.

“Colliers has all the right ingredients, from its national and international platform, as well as its entrepreneurial spirit; an international company with a strong local presence,” saysGeisen. “I’ve watched as Colliers has grown from an excellent network to an international powerhouse. While the firm’s growth has been incredible, there are still tremendous opportunities in the northern South Florida markets that I look forward to capitalizing on.”

A member of the Business Development Board of Palm Beach County, Geisen is also active with the Broward Alliance and the International Council of Shopping Centers (ICSC). He is a past president of the Executive Association of Palm Beach County.

 

Jupiter/Juno Tops South Florida Office Market, West Palm Turning Corner

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West Palm Beach struggled last quarter but has made the turn showing positive absorption, the majority of which was in the suburban markets, according to a report by KRES Commercial.

Palm Beach Gardens/North Palm Beach made huge strides, leasing over 100,000 square feet year to date and absorbing over 35, 000 square feet.

The Jupiter/Juno Beach market, however, continues to make positive strides, becoming the healthiest office submarket in South Florida. Net absorption was another 1% for the quarter, bringing the total vacancy rates down to 6%, with true absorption numbers equal to the larger Palm Beach Gardens market at 31,000 square feet, year to date.

CLICK HERE TO DOWNLOAD THE COMPLETE REPORT

KRES Commercial Joins Forces With Global Real Estate Resources

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KRES Commercial, a wholly owned subsidiary of The Keyes Company, is pleased to announce the merger with Global Real Estate Resources, LLC.

Global Real Estate Resources is a boutique commercial real estate brokerage founded by Meriel “Honey” Bryan, the firm’s President and CEO.

“We are extremely pleased Honey Bryan is joining our team as Director of Retail Properties giving us an immediate entree’ into the Retail Property Group.”, said John Geisen, Executive Vice President of KRES Commercial. “In addition to her familiarity with retail, Honey has been very involved in almost all aspects of commercial real estate, including office, industrial, land development, and investment sales.”

Bryan is a native of Palm Beach County with a lifelong career in commercial real estate and financing. She has served as a consultant and collaborated extensively with clients and land planning professionals to facilitate land use and zoning changes of land for the development of multi-family, retail and industrial projects.

Ms. Bryan is active in numerous professional organizations such as the National Network of Commercial Real Estate Women (NNCREW) and the International Council of Shopping Centers (ICSC). She currently serves on the Planning and Zoning Appeals Board for the City of Palm Beach Gardens  is also a board member of the Foundation for Living Arts.

“I’m very excited about joining KRES Commercial,” said Bryan. “I believe my affiliation with KRES provides me the platform and opportunity to continue providing the high level of service my customers have grown accustomed to receiving from me.”

 

About KRES Commercial:  Keyes created KRES Commercial 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 is a full-service commercial real estate company, specializing in office, industrial, retail, land and multi-family properties. Services include leasing, management, sales and asset services to local, regional and national clients.  For more information, please call 561.405.4940 or visit http://www.krescommercial.com.

KRES Commercial Awarded Class A West Palm Beach Office Assignment

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KRES Commercial has been selected as the exclusive leasing agent for Flagler Waterview, a 9-story, 164,446 square foot office building, located at 1515 N. Flagler Drive in West Palm Beach.

Conveniently located just minutes from Downtown West Palm Beach, CityPlace and the Palm Beach International Airport, the property is being assertively marketed to corporate and legal firms looking for the convenience and high-identity of a Flagler Drive business address. The building also serves is an ideal location for attorneys as the bankruptcy courts are located within the building.

The Class “A” office tower offers both Ocean and Intracoastal Waterway views along with easy access to ample, free parking in a structured parking garage, complimentary valet parking for visitors, on-site 24-hour security, on-site management services.

Space for lease includes a 39,000 square foot full floor, representing the largest contiguous space available in northern Palm Beach County.

North Palm Beach Office Building Trades For $5.2 Million

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Tom Burst, Director of Sales and Leasing with KRES Commercial, has completed a transaction for the purchase of a 50,000 SF office building, located at 701 US Highway One in North Palm Beach, for $5.2 million.

The purchaser, Document Storage Systems, Inc. (DSS, Inc.), represented by Burst, is a Health Information Technologies, software development and systems integration company.  DSS, Inc. will occupy a total of 30,000 square feet.

This transaction has made a significant impact on the North Palm Beach submarket, representing roughly 8% of the vacant space available. The overall vacancy rate in North Palm Beach will decrease from 30% to 22%, making it a real game-changer for this market.

This purchase is in addition to the 20,000 SF building DSS, Inc. already owns and utilizes as their headquarters in Juno Beach. Tom Burst also represented DSS, Inc. in the purchase of their Juno Beach headquarters 9 years ago.

Geisen & Burst Join Forces

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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.