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Real Estate Newsletter for the South Florida Area

FOR IMMEDIATE RELEASE  

CONTACT:

Mary E. Beardsley
Executive Assistant
Reichel Realty & Investments, Inc.
4524 Gun Club Road, Ste. 212
West Palm Beach, Florida  33415
(561) 478-4440, Fax: (561) 478-4442
mbeardsley@reichelrealty.com
www.reichelrealty.com

Reichel Realty & Investments is pleased to announce the following lease transactions:

Project: Mirasol – PGA Blvd. and Florida Turnpike in Palm Beach Gardens, Florida

Agent: William B. Reichel, President successfully handled the transaction.

Tenant: SunTrust Bank
 – leased a 5,000sf building pad for 20 years valued at $2,500 ,000. 

Project: 1253 Old Okeechobee Road – Commerce Center  – located in Downtown, West Palm Beach, Florida 

Agent: William B. Reichel, President successfully handled the following transactions. 

Tenants: Sunshine Cleaning – renewed their lease of 1,200sf for 2 years valued at $30,000

Club Colette – renewed their lease of 1,200sf for 1 year valued at $15,000

The Breakers – renewed their lease of  3,606sf for 3 years valued at $125,000

Arij Gasiunasen – renewed their lease of 2400sf for 3 years valued at $82,800 

Project: Jog Plaza– located on Jog Road north of Lake Worth Road in Greenacres, Florida.  

Agent: William B. Reichel, President successfully handled the following transactions.  

Tenants: Classic Etch – leased 3,060sf for 3 years valued at $97,500

Holden Ins. - leased 1,200sf for 5 years valued at $99,451

Classy Pets - renewed their lease for 1080sf for 3 years valued at $41,000

Project: Military Trail – Automotive Plaza located on Military Trail North of Okeechobee Blvd. in West Palm Beach, Florida 

Tenants: Off Lease Auto leased 3000sf for 2 years valued at $87,500  

Project: Village Shoppes - located on US 1 at Northlake Blvd. in North Palm Beach, Florida 

Agent: William B. Reichel, President successfully handled the following transactions.     

Tenants: Mangia Pizza expanded into an additional 900sf for 4 years valued at $60,000

Patio Gallery – leased 8500sf for 5 years valued at $425,000 

Project: Live Oak Plaza located on Alt A1A north of Northlake Blvd. in Palm Beach Gardens, Florida

Agent: William B. Reichel, President successfully handled the following transactions.  

Tenants: Nicole’s Dance – renewed their lease for 3661sf for 1 year value at $26,000

Androcles Hair Salon - renewed their lease for 1565sf  for 5 years valued at $95,000  

Project: Plaza West – located on Okeechobee Blvd. east of Military Trail in West Palm Beach, Florida 

Agent: William B. Reichel, President successfully handled the following transactions. 

Tenants: Lightbulbs – renewed and expanded their premises for 4850sf for 5 years valued at $450,000

Project: Garden Office Plaza – located on Blue Heron Blvd. and Garden Road, in Riviera Beach, Florida 

Agent: Peter Filomena, Manager Director and Jim Tornabene, Associate successfully handled the following transaction. 

Tenants: Sickle Cell – leased 2082sf for 5 years valued at $70,000

Project: Admirals Office Project – located on Military Trail north of Frederick Small Road in Jupiter, Florida 

Agent: William B. Reichel, President successfully handled the following transaction.

Tenants: Stonegate Bank – leased a pad site for a 3500sf freestanding bank for 10 years valued at $1,270,000. 

Project: Concourse Plaza – located on Palm Beach Lakes Blvd. west of I-95 in West Palm Beach, Florida 

Agent: William B. Reichel, President and Jim Tornabene,     Associate successfully handled the transaction. 

Tenants: Lenny’s Subs –  leased 1600sf for 5 years valued at $175,000

 

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