COMMERCIAL REAL ESTATE PROFESSIONALS

Bill has been engaged in leasing, management, brokerage, receivership and workout of all types of commercial properties throughout the State of Florida for more than 37 years. Bill also has extensive expertise in construction and development management services and real estate tax appeal work, and is recognized as an expert witness in the commercial real estate industry. He has served as Receiver for both state and federal courts.

 

NOTABLE TRANSACTIONS, CLIENTS

 

Tenant Representation:

• IDI, 20,000 sf – corporate office, Boca Raton
• Weiss Research, 20,000 SF, corporate office relocation, Palm Beach Gardens
• Data Base Technologies, 136,000 SF, corporate office location, Boca Raton
• Seisant, 62,000 SF corporate office location, Boca Raton
• T.L.O, 135,000 SF corporate office location Boca Raton
• Electronic Payments, 10,000 SF satellite office location Boca Raton

Sales:

• Land Assemblage – 3 acres $2.8 million, memory care facility, North Palm Beach
• Zip Code Place, 100,000 SF retail project, $12 million, West Palm Beach
• 6001 Park of Commerce, 30,000 SF office/warehouse, 7 acres, $3.9 million, Boca Raton
• Lainhart Potter Bankruptcy Sale, West Palm Beach and Jupiter, $2.8 million
• Ed Morse Dealership property, North Palm Beach, $5 million
• Oakbrook Center ,Winn Dixie Shopping Center, Ocala, $2.775 million
• Summit Commons 50,000 sf retail Strip Center West Palm Beach $6.65 million
• Redemptive Life Project – 42,000 sf school plus 7 acres multi-family parcel $8,700,000, West Palm Beach

Leases:

• Altitude Trampoline Park – 47,000 SF, Lake Worth
• Metro Lumber, Nassau Square 45,000 SF, Lake Worth
• Publix Extension, Nassau Square, 40,000 SF,  Lake Worth
• Crazy Buffet, Concourse Plaza, 10,000 SF, West Palm Beach
• McDonald’s Ground Lease, Nassau Square, Lake Worth
• IPTS Haverhill Business Park, 20,000 SF,  Industrial manufacturing, Riviera Beach
• Dollar Tree, Nassau Square, 10,000 SF, Lake Worth
• SunTrust Bank, Mirasol Shopping Center Ground Lease, Palm Beach Gardens
• Octapharma – 12,780 sf – retail Blood Plasma Center, Palm Springs
• McDonald’s outparcel ground lease – Forest Hill Center, Palm springs

 

PROFESSIONAL AFFILIATIONS

•  Florida Licensed Real Estate Broker since 1982
• Business Development Board Palm Beach County

 

ACHIEVEMENTS:

• Since founding the firm in 1987, Bill has facilitated thousands of commercial transactions totaling over $1 billion of gross business volume.
• Exclusive broker for Trustees in both State and Federal Bankruptcy cases
• Sale and management of an $800 million portfolio of commercial properties for the Federal Savings & Loan Insurance Corporation

 

EDUCATION: 

• University of Maryland graduate, 1980

PRIOR WORK EXPERIENCE: 

• 1987-1988, Dan Kron Associates, Director of Commercial Properties
• 1985-1987 , Federal Savings & Loan Insurance Corporation, receiver for Sunrise Savings & Loan.
• 1987 – Present President of Reichel Realty & Investments, Inc.

 

 COMMUNITY/INDUSTRY ACTIVITIES: 

• Business Development Board of Palm Beach County
• Area Chambers of Commerce
• International Council of Shopping Center Developers
• National Association of Corporate Real Estate Professionals
• Adopt-a-Family
• Leadership Palm Beach County
• Goodwill Industries
• Advisory board, CARP