Carmel Real Estate & Management Shows Continued Growth Cycle

Carmel Real Estate & Management, a full service commercial real estate firm based in Delray Beach, successfully completed the following commercial leasing and/or sales transactions in the last quarter. Park Ten Business Park in Delray Beach, the flagship commercial center of Carmel Real Estate, is 98 percent occupied. Carousel Development & Restoration, Inc. has expanded their Concrete Restoration Business within Park Ten. They had occupied 7,200 SF and are expanding to a total of 14,880 SF. According to Mariann Gerwig, Director of Operations, “The entire staff at Carmel Real Estate and The Seneca Group has given us first class professional service. Our expansion has been a very smooth transition.” “Park Ten Business Park has been a very successful enterprise for Carmel Real Estate,” states Nichole Carosella, PPME Commercial Real Estate Broker/Property Manager. “Although the Park is 98 percent occupied, we still have great space available at awesome rates.” Other commercial properties listed, marketed and managed by Carmel Real Estate & Management are: Marlin Commerce Center in Lake Worth, a 21st Century Business Park, has space available from 2200 to 6600 SF for rent or for sale. 1402 Wallace Drive in Delray Beach, a half-acre of commercial/ industrial property just off I-95, has been sold to a business relocating its operation to Delray Beach. Lake Worth Corner, a 7.65 acre, two-city block parcel, is under contract to be sold to a housing Developer. Lake Worth Business Park has up to 10,000 SF available for sale or lease and is ready for immediate occupancy. Development Land Available on the Wallace Drive Corridor is perfect for any Entrepreneur looking to move or expand their business to Delray Beach and is available at reasonable prices. According to Christina Morrison, P.A. Commercial Realtor, “The commercial real estate market is slowly building momentum and Carmel Real Estate & Management is staying ahead of the trend. The growing economy is creating demand for vacant office, industrial, and retail space. We are pleased to be able to offer our clients a great selection of commercial space and land to fit their needs.”

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