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GE Capital Appoints Continental Real Estate Companies to Lease & Manage Metrocentre Corporate Park

105,000 SF assignment and addition of Leasing Specialist Darla Hall will bolster CREC’s presence in Palm Beach County as firm focuses on statewide growth.

 
 
Metrocentre Corporate Park
Metrocentre Corporate Park
PRLog - Aug. 4, 2011 - WEST PALM BEACH, Fla. -- As Florida’s commercial real estate sector continues to rebound, Continental Real Estate Companies (CREC), one of the state’s largest commercial real estate services firms, is expanding its presence in Palm Beach County with a new leasing and property management assignment and the addition of a leasing specialist who will focus exclusively on the County’s office market. Property owner GE Capital has selected CREC to serve as the exclusive leasing and managing agent for Metrocentre Corporate Park, an office complex totaling 105,000 square-feet of space along West Palm Beach’s 45th street corridor, in close proximity to Interstate 95.

News of the assignment comes as the firm grows its Palm Beach team to include Associate Leasing Specialist Darla Hall. A seasoned real estate professional with nearly a decade of commercial leasing experience, Ms. Hall previously held sales, leasing and managerial positions at Intelligent Office, Investment Management & Consulting Group, and EBC Office Centers. She most recently served as sales and business manager for Darco Insurance Services. Ms. Hall will work with CREC Senior Vice President and Shareholder Steven Hurwitz to oversee leasing at Metrocentre Corporate Park and two additional office properties in CREC’s Palm Beach County portfolio: the 113,000 square-foot Mellon United National Bank Building and the 64,000 square-foot Horizon Office Center.  

The announcements were made by CREC President and Co-Founder Carol Brooks. “With economic volatility easing across Florida, the real estate market beginning to rebound, and companies looking for opportunities to expand their presence here, we are taking steps to position CREC’s core service lines for steady growth in key markets. Palm Beach County has long been considered one of Florida’s most attractive real estate markets, so it’s only natural that we are targeting the region as part of our strategic expansion across the state. Taking on the leasing and property management of Metrocentre Corporate Park and adding Darla Hall to our team of professionals are two important steps in the right direction,” said Ms. Brooks.

Metrocentre Corporate Park consists of six single-story office buildings in the early stages of a capital improvements program that is part of the asset’s overall repositioning under new ownership. As property manager, CREC will oversee the site’s upgrades and ongoing operations. The complex is currently 60 percent occupied.

Mr. Hurwitz believes Metrocentre Corporate Park’s committed ownership will be an important factor in the complex’s viability as a preferred leasing option in West Palm Beach. “More and more, we’re seeing office tenants locating at properties that are held by established, well-capitalized owners. GE Capital has shown that it is committed to improving Metrocentre Corporate Park, and large-scale upgrades are already underway. CREC’s property management team will continue to maintain the asset going forward, putting the complex in good position for long-term leasing success. As an added bonus, the park offers tenants an exceptional location just off Interstate 95,” noted Mr. Hurwitz.

For leasing availability at Metrocentre Corporate Park, please contact Steven Hurwitz at 305-854-7342.

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About Continental Real Estate Companies (CREC)
Founded in 1989 by Chairman Warren Weiser and President Carol Brooks, Continental Real Estate Companies (CREC) is one of Florida’s largest commercial real estate services firms, managing a portfolio of more than 80 office, retail and multifamily properties totaling nearly 12 million square feet. With offices throughout Florida, CREC specializes in asset and property management, leasing, tenant representation, construction management, development dispositions and finance, and creative workout solutions. For more information, visit www.crec.com.

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Source:Schwartz Media Strategies
Phone:305-858-3935
Zip:33133
Location:West Palm Beach - Florida - United States
Industry:Real Estate, Business
Tags:continental real estate companies, CREC, Carol Brooks, Steven Hurwitz, Metrocentre Corporate Park, west palm beach
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