Tag Archive for: kristy hartofilis

Whelchel Partners Brings 980 Cendyn To 75% Occupied With 50,000 SF In Deals

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Whelchel Partners Real Estate Services has secured more than 50,000 square feet of new tenants at the newly renovated 980 N. Federal Hwy., recently renamed 980 CENDYN.

The Boca Raton office building, formerly known as the Compson Financial Center, sold in August 2013 to local investment group Boca East Investments LLC.  Whelchel Partners represented the buyer in the acquisition of the 95,000 square foot building.

New anchor tenant Cendyn has recently moved into a full floor at the building, relocating its worldwide headquarters. The new ownership’s managing member, Charles Deyo, is also President and Founder of Cendyn, a full service hotel internet marketing agency.

Cendyn @ SPACES ThirdfloorCendyn Spaces, a modern concept business center and co-working location that allows for business and independent contractors to lease office and meeting space by the hour, the day, the month or the year providing ultimate flexibility.

Extensive renovations have recently been completed at the property, including new exterior façade (completion date August 1, 2014), new restaurant (Meat Eatery & Taproom), new HVAC chiller system, high tech security system, a multipurpose redesigned atrium, robust tenant improvements as well as upgraded common areas.  The building incorporates the latest technology innovations including  new 1 Gbps fiber link, Cisco Collaboration Infrastructure, CAT 6 cabling, enterprise class Wi-Fi throughout building.

Other new tenants include, R2 Unified Technology, Flagship Solutions, Matteis & Company and the new restaurant M.E.A.T.(Meat Eatery And Taproom), joining existing anchor tenant Wells Fargo.

The lease transactions bring the building from 25% occupied a year ago to over 75% occupied today.

“New ownership has created the infrastructure and environment to support the full spectrum of office users with the ability to offer 10 minute leases or 10 year leases” says Jay Whelchel, Principal of Whelchel Partners Real Estate, pictured above left.

Jay Whelchel and Whelchel President and Broker Kristy W. Hartofilis, pictured left, will remain on the project as leasing company and asset manager.

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About Whelchel Partners:  Whelchel Partners is located in Boca Raton, and offers commercial real estate services in Broward and Palm Beach Counties. For more information regarding Whelchel Partners, please visit the website at http://www.whelchelpartners.com or call 561-939-6636.

About Cendyn: Cendyn® is a full-service agency specializing in turnkey solutions that drive bottom line results for the travel and hospitality industries.   Cendyn represents 18,000 hotel and travel destinations with clients such as Starwood Hotels & Resorts, Ritz-Carlton Hotel Company, Hyatt Hotels, Hilton Worldwide, Marriott, and other independent properties.  For more information, please call 866-625-4518 or visit http://www.cendyn.com

Whelchel Partners Celebrates First Anniversary

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Whelchel Partners Real Estate Services, launched in 2010, has developed a successful business with its full service commercial real estate brokerage. Stemming from its strong roots within the local community, Whelchel Partners has played a pivotal role in helping businesses, owners, and investors with commercial leasing, sales, and customized real estate services.

Implementing a unique marketing approach for each new client and property, Whelchel Partners has succeeded in gaining increased market share, successfully signing on twelve new properties, including office, retail, and industrial properties. By adjusting business strategy according to the individual needs of both client and property, Whelchel Partners allocates resources correspondingly, giving clients the highest quality of service.

“Whelchel Partners looks to add value to clients beyond the leasing or sales transaction,” Principal Jay Whelchel explains of the company’s consultative approach. “Whether we take the lead as a project manager in a client’s relocation and construction build-out or make recommendations for industry service providers, we are a resource for our clients past the closing or lease signing.”

In addition to signing new properties, Whelchel Partners has represented both tenants and buyers within the marketplace, helping relocate or expand six companies in the Boca Raton, Delray Beach, and Boynton Beach communities. “What is exciting about our clients’ businesses is most of them are expanding and relocating to larger spaces. We see positive signs for our local economy to have small business growing again,” says President Kristy Whelchel Hartofilis. The relocations include Boca Ball Bearings, Holly Meehan Photography, the Law Offices of Steven Pesso, Nearly N 2 U, Ociana South, The Buzz Agency, and more to be announced soon.

An avid community activist, Whelchel Partners extends their business outlook beyond everyday dealings by immersing themselves within the community. “It is important,” affirms Principal Jay Whelchel, “to stay connected to the non-profit and cultural groups who are the foundation for a thriving and economically diverse community.” Their non-profit involvement includes work with the Greater Boca Raton Chamber of Commerce, Junior League of Boca Raton, George Snow Scholarship Fund, American Heart Association, and the Boca Raton Historical Society Board.