09:58 pm
August 18, 2017

ONE LINERS Palm Beach

ONE LINERS Palm Beach
► The South Florida Accelerator and Citrix Systems held a VIP kickoff for their alliance at Excell Auto Group’s Boca Raton showroom.
► Brock Development Corp. announced plans for Alton Town Center, a 350,000-square-foot mixed-use center that will coincide with the Alton development of regional impact (2,000 residences, 700 multifamily units and up to 4 million square feet of biotech and research/medical space) across from Florida Atlantic University on Donald Ross Road in Palm Beach Gardens.

► Brock Development Corp. announced plans for Alton Town Center, a 350,000-square-foot mixed-use center that will coincide with the Alton development of regional impact (2,000 residences, 700 multifamily units and up to 4 million square feet of biotech and research/medical space) across from Florida Atlantic University on Donald Ross Road in Palm Beach Gardens.

►Onessimo Fine Art in PGA Commons in Palm Beach Gardens has undergone a major renovation and doubled its size to 3,000 square feet. (Jason Nuttle Photography)

►Onessimo Fine Art in PGA Commons in Palm Beach Gardens has undergone a major renovation and doubled its size to 3,000 square feet. (Jason Nuttle Photography)

► In a sign of the Palm Beach County market’s strength, NAI/Merin Hunter Codman said it represented buyers and sellers in approximately $250 million of commercial real estate sales from June to November

► In a sign of the Palm Beach County market’s strength, NAI/Merin Hunter Codman said it represented buyers and sellers in approximately $250 million of commercial real estate sales from June to November

► Avison Young brokered the $3.2 million sale of three acres at 3185 S. Congress Ave., Delray Beach, where Kaufman Lynn Construction plans its headquarters in a new mixed-use complex.

► Avison Young brokered the $3.2 million sale of three acres at 3185 S. Congress Ave., Delray Beach, where Kaufman Lynn Construction plans its headquarters in a new mixed-use complex.

► Concord Hospitality Enterprises will put the Marriott Autograph Collection brand on a new 200-room hotel, on the former site of the West Palm Beach City Hall.

► Concord Hospitality Enterprises will put the Marriott Autograph Collection brand on a new 200-room hotel, on the former site of the West Palm Beach City Hall.

► Companies can improve financial performance and the likelihood of mergers being approved by having former politicians and regulators on boards of directors and management teams, according to a study coauthored by Florida Atlantic University’s David Javakhadze, an assistant professor of finance.

► Companies can improve financial performance and the likelihood of mergers being approved by having former politicians and regulators on boards of directors and management teams, according to a study coauthored by Florida Atlantic University’s David Javakhadze, an assistant professor of finance.

Boca Raton is looking at bids by Lennar Corp., Compson Boca Argent and GL Homes to develop the 194-acre Boca Raton Municipal Golf Course.

Florida Community Bank has granted a $65 million, 15-year mortgage for the Rybovich marina and yacht repair facility at 4200 Flagler Drive, West Palm Beach.

Robert Granda, a broker for Franklin Street, told The Real Deal that the Tiffany & Co. building on Worth Avenue in Palm Beach is on the market and will likely fetch more than $40 million.

Crossmatch, a provider of security and identity management solutions based in Palm Beach Gardens, is rolling out a new secure enterprise authentication system called Composite Authentication

► The Sun Capital Partners Foundation in Boca Raton has selected Fort Lauderdale-based charity HANDY (Helping Abused Neglected Disadvantaged Youth) to receive a $100,000 grant.

Belvedere Business Park, 8020 Belvedere Road, West Palm Beach, was sold for $12 million by McCraney Property to a company managed by Peter Alevizos and Nancy Alevizos of Jupiter.

► Swedish investor Bjarne Borg paid $1.8 million for the two-acre waterfront Bell’s Mobile Home Park on State Road Alt. A1A in Jupiter.

Florida Atlantic University has entered into a licensing agreement for its patented research with Neuro Pharmalogics, a private biopharmaceutical company focused on developing and commercializing innovative therapies for patients with rare neurological diseases

Lesser Lesser Landy & Smith Managing Partner Gary Lesser has joined the Palm Beach County Chamber of Commerce board

► Affiliates of West Palm Beach-based Priderock Capital Partners paid $36.5 million for the Lakeview Cove apartments in North Lauderdale.