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News & Articles

Lighthouse Realty Services Closes Two Commercial Real Estate Properties in the Greater West Palm Market

Blair Lee and Gretchen Krise represented the buyer of a two-story office building formally known as the BER building at 1720 E. Tiffany Drive in Mangonia Park.

Retail Rents Could Increase by 4 Percent in 2016

Retail properties are still recovering from the last economic downturn. The sector has posted positive net absorption rates three times since the recovery got underway in 2010, while balancing that out with vacancy rates that have dropped steadily. The result: asking and effective rents grew by 2.0 percent and 2.2 percent, respectively, during 2015, according to New York City-based research firm Reis Inc.

Lighthouse Realty Services Represented National Tech Repair Company

Blair Lee of Lighthouse Realty Services represented national technology services chain, iFixyouri, in the lease of two commercial buildings located at 4239 and 4259 Northlake Boulevard in Palm Beach Gardens.

Deal Maker Awards 2015 Honors Blair Lee of Lighthouse Realty

Deal Maker Awards 2015 Honors Blair Lee of Lighthouse Realty

Lighthouse Realty Represents Buyer on Purchase of Boca Raton Properties

Blair Lee of Lighthouse Realty Services represented Redsteel Properties in their purchase of the net lease Starbucks and Mattress Firm properties located at 1830 N. Federal Highway in Boca Raton.

Lighthouse Realty Services Welcomes New Associate

Gretchen Krise joined Lighthouse Realty Services as a commercial real estate sales associate. She brings a strong research background, extensive network and relationships, and real estate transaction experience.

Lighthouse Realty Assists in Buyer Representation of Marine Max Waterfront Facility

Blair Lee of Lighthouse Realty Services assisted Jason Block of JD Block Services in representing the buyer in the July 2015 purchase of the Marine Max waterfront facility located at 139 Shore Court, North Palm Beach, Florida.

5 Predictions about the South Florida economy

South Florida is catching a tailwind from a stronger U.S. economy, according to PNC Financial Services Group's third quarter Southeast Market Outlook. The report offered an optimistic forecast of the region's progress into 2016, predicting lowered unemployment rates, less foreclosed properties and more tourism.

Pieology and Wok Box to enter Florida market

Franchises from California to Canada are seeking space to expand in the tri-county area. Pieology, based in Rancho Santo Margarita, California, will open its first store in Florida at a retail and dining project in Pembroke Pines, and founder Carl Chang said there will be more units of his build-your-pizza restaurant coming to South Florida. Wok Box, based in Surrey, British Columbia, Canada, opens its first Florida location at 2528 University Drive in Coral Springs in August. From there, the brand expects to open 44 stores across the state, with 24 in South Florida.

Coconut Creek retail center sold for $10M to national REIT

An affiliate of a national real estate investment trust bought West Creek Plaza in Coconut Creek for $10.225 million.

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