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FORT LAUDERDALE, PL - Athan “Tom” Prakas, president/broker of The Prakas Group, Inc., a full service commercial real estate brokerage specializing in commercial transactions, restaurants gad hospitality properties, has announced that the firm lias been selected by developer Jeffrey Lax as exclusive broker to represent The Shoppes (a), Nu River Landing,- Tlie Shoppes @ Nu River Landing is the commercial component of the newly constructed Nu River Landing Condominium complex located at 511 SE 5^th Ave. in downtown Fort Lauderdale. Mr. Prakas and Commercial Specialist Alan Macaulay have the exclusive listing for sales and leasing.

The Shoppes @ Nu River Landing consists of 25,334 SF of first and second floor retail, office, and restaurant space, all facing the New River. The total available space has been subdivided into five smaller spaces ranging from 2,487 SF to 8,571 SF. These spaces can be combined (maximum contiguous 14,618 SF) or further subdivided to accommodate specific needs. Open parking spaces are available as well as extensive valet parking. Additionally, 20 city-owned deep-water boat slips are available for lease.

“The central location of this site, right in the middle of the city known as ‘the boat capital of the world,’ makes this an ideal office location for maritime related business like yacht charters, brokers, surveyors, and marine insurance agents,” says Mr. Prakas. “In addition, other small businesses that could service the condominium residents would do nicely, including a law office, art gallery, and perhaps a waterside restaurant,” says Mr. Prakas.

Nu River Landing Condominiums is a 25-story, luxury residential complex consisting of 409 one-, two-, and three-bedroom units. The residential complex is completely sold out at pre-construction sale prices of $300,000-1800,000.

The Prakas Group, established in 2000, is on track to close over S300 million in sales over a six-year period. Headquartered at 705 East Palmetto Park Road in Boca Raton, FL, The Prakas Group provides brokerage services for restaurant, nightclub and commercial properties throughout Palm Beach, Broward and Dade counties, and recently expanded into Orlando with an office at 7380 Sand Lake Center to cover the booming Central Florida marketplace. Principals of The Prakas Group add depth to the firm’s brokerage services with over 200 years of combined experience in the restaurant/nightclub industry as owner/operators. Clients of The Prakas Group include Taverna Opa, Buckhead Life Restaurant Group, Gusto’s Grill & Bar, Burton Handelsman, MDN Properties, Rodney Mayo, Tarpon Bend Restaurants, Gotham City, Dave Manero Restaurants, and Mama Mia’s, just to name a few. For more information, contact The Prakas Group at (561) 368-0003, or visit the company’s website at PrakasGroup.com.

Originally posted 2006-10-11 00:00:00. Republished by Blog Post Promoter