Jay Whelchel and Kristy Whelchel Hartofilis have joined forces to open Whelchel Partners Real Estate Services, Inc., specializing in leasing, property management, sales and other custom real estate services for the office, medical, retail, industrial and mixed-use sectors.
On Tuesday, the Palm Beach County Commission approved Transit Village LLC, a company managed by Boca Raton businessman Michael Masanoff, as the developer for the 5.7-acre site known as “the wedge.” The project calls for 600,000 to 950,000 square feet of office, educational and retail space, plus hotel and housing units.
Steven J. Medwin will head the Jones Lang LaSalle’s brokerage business for South Florida. His responsibilities will include managing the landlord and tenant representation teams for both office and industrial real estate.
Sanctuary Centre offers a prime location and rare business advantages.
Peter D. Reed and George Sacks, principals of Boca Raton-based Commercial Florida Realty Services, announced the sale of Chase Bank Building at 555 N. Congress Ave., Boynton Beach.
The 19,791sf, three-story building is on a 2.2-acre outparcel at the northwest corner of Congress Avenue and the east entrance road to the Boynton Beach Mall. The professional office complex sold for $1,700,000.
Terranova Corp. announced that LexisNexis has signed a 10-year lease renewal at Meridian Commercial Office Complex at 6601 Park of Commerce Boulevard in Boca Raton. Terranova Senior Commercial Associate Gordon Messinger represented the landlord in the 61,524sf transaction valued at more than $13 million.
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