Tag Archive for: kres commercial

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.

 

Tom Burst Joins Colliers South Florida’s West Palm Beach Office

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Tom Burst has joined Colliers International South Florida as Senior Vice President in the West Palm Beach office.

With over 27 years’ experience in commercial real estate, he has the knowledge and insight to advise office clients on all aspects of commercial real estate from leasing to disposition, to repositioning properties to maximize their potential.

“Tom has been a recognized leader in the West Palm Beach region and we are thrilled to have him join our team,” says Stephen Nostrand, CEO of Colliers International South Florida. “His career-long dedication to being a trusted advisor to his clients mirrors our commitment to building our team with passionate professionals who know how to deliver success. This expansion in the Palm Beach County area will include several other experienced brokers joining our existing team members. We will begin 2014 with a specific goal of creating an expanded presence for Colliers International South Florida in Palm Beach, Martin and St. Lucie counties.”

Prior to joining Colliers, Burst owned Burst Commercial Real Estate Services, Inc., which he founded in 1996 and merged with KRES Commercial in 2012. Previously he had been a broker with GMH Associates, initially joining as director of marketing for the Florida region. Before that he was an associate with CB Commercial Real Estate Group (now CBRE) where he was that firm’s top producer in the West Palm Beach office market, as well as one of the top producers for CB Commercial in South Florida.

“The support and level of professionalism offered by Colliers is amazing,” said Burst. “This firm allows the brokers to concentrate all of our energy toward the client’s success.  Colliers has experts in every aspect of the commercial and corporate real estate market, but what is truly unique is the access we have to each of these experts and the structure to encourage each specialty to work together to meet the goals of our clients. That separates Colliers as the top real estate advisor in the market.”

A graduate of Florida State University, Burst volunteers with the Florida Wildlife Commission as a hunter education instructor, and has been active with the Boy Scouts of America as a teacher of ethics and leadership.

 

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

CBRE Tapped To Lease, Manage West Palm Beach Office Tower

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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.

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.