News And Commentary | Rebel Cook Real Estate 561-622-9920 - Commercial Office Space, Warehouse Space

DOCTORS TAKING ADVANTAGE OF FAVORABLE OFFICE CONDO PRICES, AND FINANCING TO EXPAND IN NORTHERN PALM BEACHES

REBEL COOK is an authority on buying and leasing medical space, and dental space, with over 30 years of experience serving small and large practices.

REBEL COOK consults with physician groups to help them find an ideal location and office space suited to their practice. REBEL COOK does the research necessary to show only the properties that meet your requirements. REBEL COOK uses her knowledge of the local market to negotiate the best possible sale price and lease terms on behalf of her clients.

Doctors and physician groups are taking advantage of the current buyer’s market in condominium office space and freestanding buildings to expand their practices serving the affluent Palm Beach Gardens and Jupiter market. Local banks competing for doctor’s business are offering favorable loans.

Currently, a 12,000 square foot office condominium is available in Jupiter’s University Commons, mid-way between Jupiter Medical Center and Palm Beach Gardens Medical Center. It is central to wealthy north county neighborhoods such as Admiral’s Cove, Frenchman’s Reserve and Abacoa. This fast growing area includes Scripps research campus and Max Planck biotech hub.

EYE DOCTORS, DENTISTS, CHIROPRACTORS BENEFITING FROM LEASING IN RETAIL CENTERS NEAR AFFLUENT JUPITER AND GARDENS NEIGHBORHOODS

For Doctors preferring to lease, low rents now available in high-traffic retail centers offer an opportunity to add satellite offices or expand into new market areas. Chiropractors, Dentists and Eye Doctors think aggressively like retailers and ask the question, “Where will upscale and affluent patients be more likely to find my office, and how often during their day will they pass it as a reminder of our services?”

“Being in front of the right patients will be more important than ever in the next decade, for all types of medical practices, says REBEL COOK. Forward-thinking practices are placing themselves in front of non- insurance pay clients in the wealthiest areas.

Currently many upscale retail centers in the prized Northern Palm Beaches, near the affluent neighborhoods of Admiral’s Cove, Frenchman’s Landing, Abacoa, PGA National and BallenIsles are seeking great tenants such as physicians. For the most current information and prices, contact REBEL COOK.

June 29, 2010

Palm Beach Post: Bank sues Abacoa for $14 million

The Post quoted Rebel Cook on the concept that Abacoa Town Center would be a pedestrian friendly place for people to live, work, and play, following a concept called New Urbanism.

“It was based on a concept that if you put all the shopping in the middle of a residential community, everybody would walk to the town center,” said Rebel Cook, of Rebel Cook Real Estate of Jupiter. … “That concept looked great on paper,” Cook said, “but in reality it doesn’t work, particularly in South Florida. It’s too hot (for people to walk).” Cook says Abacoa Town Center also suffers from the lack of an anchor store, such as a grocery store.

Palm Beach Post: Businesses capitalize on economic downturn

One year ago, the business world was in crisis. Now, 12 months later, entrepreneurs such as Michael Cabot are finding that crisis can be great for business. Cabot’s company, Mariner Asset Management Services of West Palm Beach, is scooping up foreclosed, distressed properties and renovating them to conform to new “green” standards for energy efficiency. Aging homes with poor insulation and outdated appliances are being spruced up with central air, new windows and new appliances meeting the latest energy efficiency ratings. Mariner then rents the homes as affordable workforce housing.

Rebel Cook, a real estate broker who runs a local business group, said she’s seeing a thaw in decision-making by business leaders. Now that warehouse rental rates now have fallen below $10 per square foot, companies are once again exploring rental warehouse property in Palm Beach County. Investors with cash are starting to get serious about buying properties. They’ll offer distressed sellers a rock-bottom price and then, if it’s not accepted, move on to the next deal, she said. “This is a new economic cycle, and what that means is that properties or assets change hands. And nobody ever said that every cycle has to be a sellers’ market,” said Cook, president of the Economic Forum, a 250-member group of leaders from the real estate, banking, finance and health care industries in Palm Beach County.

Palm Beach Post: Still a Family Affair

The Palm Beach Post covered the sale of Slim’s Fish Camp, a historic Lake Okeechobee business, following an auction managed by Rebel Cook as the court-appointed receiver.

The Real Deal: Hurricane Fay’s silver lining

Rebel Cook was quoted in The Real Deal’s coverage of Hurricane Fay

“I spoke to several property owners who are looking to make sure their roofs are ok,” says Rebel Cook, an independent real estate broker in Palm Beach Gardens, who is currently handling about 25 properties that include warehouses, office buildings, land and residences.

If roofs are indeed damaged, building owners won’t be happy of course. “But it could be a positive thing for roofing companies who have been stuck with no work for a while,” Cook points out.