What’s Up In The Real Estate Market…


Duane Morris law firm relocates within Boca Raton to Lynn Financial Center

Staff report

Duane Morris law firm has a new Boca Raton location.

With help from Avison Young, the global law firm has a new 11,730-square-foot space inside the Lynn Financial Center.

“Landing a leading global law firm shows the unique appeal of the Lynn Financial Center,” said Avison Young Principal Greg Martin. “The building has feel and culture that exemplifies and complements the great legacy that the Lynn Family and Lynn Insurance Companies have created in the Boca Raton community, and we are very pleased to welcome Duane Morris.”

Duane Morris, a law firm with more than 800 attorneys in offices across the United States and internationally, will accompany a tenant list that includes Frank, Weinberg & Black P.L.; Ackerman LLP; Janney Montgomery Scott LLC; Ameriprise Financial; Brown Parker & DeMarinis Advertising; Polen Capital Management, LLC; and Broad & Cassell LLP which recently signed a lease for 16,000-square-feet at 1905 N.W. Corporate Boulevard.

“Boca Raton is an important office and part of our presence in South Florida,” said Harvey W. Gurland, Duane Morris Office Managing Partner for Boca Raton and Miami. “We look forward to transitioning to our new home.”

Lynn Financial Center totals 209,911-square-feet of class A office space in three innovative office buildings. 1875 N.W. Corporate Boulevard is a contemporary building free of interior columns and designed to support open office architecture with extensive use of natural light and sustainable materials offering a progressive image for this Boca Raton corporate resident and its tenants.

Kaufman Lynn Construction tapped for 321 at Water’s Edge Project

Delray Beach-based Kaufman Lynn Construction has officially broken ground on 321 at Water’s Edge in Fort Lauderdale. Developed by SobelCo., this 23-unit luxury condominium project is expected to be completed by early 2019.

Situated on the widest stretch of Fort Lauderdale’s Intracoastal Waterway, the two-and-three-bedroom flow-through waterfront condominium estates will feature Intracoastal and Atlantic Ocean views with floor-to-ceiling windows and expansive outdoor balconies.

Each residence will also include a designer kitchen with an extensive range of chef-inspired features such as custom cabinetry, Hansgrohe fixtures, quartz countertops, and Gaggenau appliances. Building amenities will include a private wine club and lounge with a personal wine locker for each residence, an onsite dog park exclusively for residents and their pets, his and her saunas for relaxation, and more.

“Our team of professionals is incredibly excited to be part of this state-of-the-art waterfront project in Fort Lauderdale as we continue to grow our presence in the luxury housing space,” said Michael Kaufman, President and CEO of Kaufman Lynn Construction.

For additional information on 321 Water’s Edge, visit the sales center located at 2400 E. Las Olas Boulevard in Fort Lauderdale or visit www.321island.com.

Jessica Rosato recognized as top producer at Nestler Poletto Sotheby’s International Realty

Nestler Poletto Sotheby’s International Realty in Delray Beach and Boca Raton, has named Jessica Rosato, Broker Associate, one of its Top 10 Producers for 2017.

An ambassador of the Delray Beach Chamber of Commerce, past president of the Greater Palm Beach Women’s Council of Realtors and a member of many civic and real estate committees, Ms. Rosato’s experience and network of connections are both a tribute to her success and an advantage to her clientele.

“Year after year, Jessica continues to provide a level of service that exceeds our expectations and those of her buyer and sellers. She is a top-notch professional with a passion for real estate that is both contagious and inspiring. Her comprehensive, concierge approach, always going the extra mile, allows her to stay at the top of her game. We are proud to have her on our team,” said Joe Harouch, Director of Sales for Nestler Poletto Sotheby’s International Realty.

“I am honored to be recognized as a top producer. I appreciate all the wonderful agents I’ve worked with, the trust received via referrals, the support of my brokers and family, and the opportunity to be aligned with such a fabulous brand. I hope that 2018 provides me with continued growth and the opportunity to positively contribute to the real estate industry at large,” Rosato said.

Park at Broken Sound rebranded

The Park at Broken Sound has a brand new sign to welcome people into the 700-acre commercial and residential center.

The new sign was recently revealed during a ribbon cutting.

The Park at Broken Sound is home to both large and small companies that include corporate headquarters, entrepreneurial start-ups, manufactures, warehouses and many others. In addition to business, the Park is also home to a number of restaurants, hotels, a day care center and veterinary clinic.

The Park at Broken Sound Board Member, Brian Schmier (Schmier and Feurring Properties) said, “On behalf of the Board, it is gratifying to see our ideas become reality and to complete another major step in the rebranding of The Park at Broken Sound. The Park continues to evolve and grow as a highly desirable location to live, work and play.”

Royal Investment Group relocated to Boca Raton

Royal Investment Group, an independent, international real estate investment group, has relocated its headquarters to downtown Boca Raton, signing a 10-year lease at Mizner Park.

Boca Raton-based KEY Investment Advisors, LLC, whose principal and broker is Kathleen Yonce, CCIM, represented the tenant in the 5,316-square-foot lease at 225 Mizner Boulevard.

Royal Investment Group manages more than 1,100 properties and will have 30 employees at the new location.

Formerly headquartered in Orlando, Royal Investment Group, with an international presence and offices throughout the US and Canada, serves independent business professionals, their families and businesses.

“As we explored options for Royal Investment Group’s relocation, downtown Boca Raton emerged as the best fit,” Yonce said. “Mizner Park’s mixed-use environment is at the heart of a thriving city with a business climate that’s ideal for top-tier financial firms.”