04/30/2010
While commercial real estate in Palm Beach County is far from recovery, the market is seeing activity, says Ed Kearney, broker and managing partner of Kearney Commercial Realty/Sperry Van Ness.
“There is a misconception that no one wants to lease or sell in the Palm Beach market,” says Ed Kearney. “In fact, some landlords and property owners have become aggressive in attracting tenants and buyers.”
Finding and negotiating the best deal depends in large part on hiring an experienced real estate broker, says Kearney, who holds a CCIM designation. “The best deals are not necessarily the ones you find by searching the online listings.”
Tenants and buyers seeking Palm Beach commercial real estate are better off engaging a broker who will research the market, present the best opportunities and take the time to see a deal through. Ed Kearney of Kearney Commercial Realty has 18 years of experience in commercial real estate and has worked with hundreds of property owners, sellers, buyers and tenants.
For a firm just beginning a property search or seeking better results, here is a sampling of properties in Palm Beach County offered by Kearney Commercial Realty/Sperry Van Ness:
RETAIL/LEASE
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2628 Westgate Ave., West Palm Beach: 3,000 square feet
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2827 Okeechobee Blvd., West Palm Beach: 2,080 square feet
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2271 Palm Beach Lakes Blvd, West Palm Beach: 1,369 square feet (retail/office)
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2021 Palm Beach Lakes Blvd., West Palm Beach 7,400 sf on 0.87 acre (single tenant retail/office building)
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314 E. Atlantic Ave., Delray Beach: 9,578 square feet sub-lease (retail/office)
OFFICE/LEASE
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302 E. Atlantic Ave., Delray Beach: 6,986 sf
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708 Commerce Way, Jupiter: 12,000 sf office-warehouse + 2.3 acres
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1177 Hypoluxo Road, Lantana: 18,000 sf (also for sale)
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501 S. Flagler Drive, West Palm Beach: 8,591 sf (sub-lease)
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2271 Palm Beach Lakes Blvd., West Palm Beach: 1,369 sf (retail/office)
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314 E. Atlantic Ave., Delray Beach: 9,578 sf sub-lease (retail/office)
INDUSTRIAL/LEASE
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3300 Electronics Way, West Palm Beach: 3.14 acres
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501 Avenue P, Riviera Beach: 52,800 sf
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3308 Electronics Way, West Palm Beach, 20,000 sf (sub-lease)
FOR SALE
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2649 Electronics Way, West Palm Beach: 3,400 sf plus + 1 acre, industrial
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6782 Belvedere Road, West Palm Beach: 5 acres
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8470 Belvedere Road, Royal Palm Beach: 10.6 acres, 9,200 sf office and 8,000 sf warehouse
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7227 7th Place North, Royal Palm Beach: 9.6 acres, site-plan approved for 95,000 sf industrial
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4118 Lake Worth Road, Lake Worth: 2+ acres, medical office approved
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2305 Lakeview Ave., Lehigh Acres: 3.34 sf building + 1.09 acres, retail/office
About Edward Kearney and Sperry Van Ness
Edward Kearney is managing director of Kearney Commercial Realty Inc./Sperry Van Ness with an extensive background in various aspects of commercial real estate including investment analysis, landlord and tenant representation, and property tax abatement. SVN is a leading national brokerage firm that markets commercial real estate properties to an investment and brokerage community of more than 100,000. Kearney welcomes investors, brokers, and others with an interest in the Florida commercial real estate market to contact him today by calling 561-616-6262, or visiting http://www.svnpalmbeach.com for more information about the services he provides.
For more information about Edward Kearney and Kearney Commercial Realty Inc./Sperry Van Ness, please visit http://www.svnpalmbeach.com.
