Commercial Real Estate in Florida

Florida Commercial Real Estate was always dynamic – even more so now – and that certainly includes West Palm Beach, Palm Beach Gardens, North Palm Beach and all of the surrounding areas.

While the shaky economy has brought higher vacancies and lower rents to all of Palm Beach County, newer buildings built to “hurricane codes” make deciding between older and newer buildings all the more important. Factor in Climate Change issues, rising taxes and insurance, and rapidly changing demographics . . . and it is easy to see West Palm Beach, and most other Florida cities, can be a confusing market if you’re not paying attention on a day to day basis.

We have done transactions throughout West Palm Beach, Palm Beach Gardens, and in virtually every part of Florida, from Miami to the Panhandle, and we have done all types of real estate including land, retail, office and industrial. It sure keeps life interesting, and it’s fun to see the differences in all the regions!

If your firm qualifies, The Melby Group may be your best choice when it comes to choosing a commercial real estate tenant representative for the greater West Palm Beach market. Our years of experience throughout Florida and especially the Palm Beach County market have given us an in-depth understanding of the dynamics.

BUT DO YOU NEED A TENANT REP? 5 Quick Questions:

1) Are you well versed in Leases and Contracts, and know all the differences between a Gross Lease, Net Lease, Full Service Lease, and are you familiar with T.I. Allowances, C.A.M. exclusions, Loss Factors, Expense Stops, etc.?

2) Do you have a way to contact all Landlords, Owners and Brokers and make them aware of your requirements (since many For Lease and For Sale properties are not on the market, but can be “made available”)?

3) Are you completely aware of the current market conditions and know the best rental rates, prices and terms you can expect in West Palm Beach Vs Palm Beach Gardens Vs North Palm Beach, etc.?

4) Are you an expert with Lease and Purchase Contracts, and know the critical clauses that need to be amended or added to protect your interests should unforeseen circumstances occur?

5) Are you intimately familiar with the real estate trends in the location in which you are interested, or do you have the resources and connections to BECOME expert in the region?

If your answer is yes to the questions above - and you have the TIME to do all these things - then you don’t need our services! (Of course, you MAY want us as part of your team anyway!)

Craig Melby, CCIM, SIOR
International Tenant Representative Alliance/The Melby Group - Corporate Real Estate

631 SW Channel Ave.,
Stuart, FL 34994
Phone (772) 223-6655
cmelby@itraglobal.com