William B. Reichel
President & Owner, Reichel Realty & Investments, Inc.
Palm Beach Gardens, FL 33410
Commercial Real Estate Expertise for Today's Market
Phone (561) 478-4440
Mobile (561) 389-0315
Commercial Real Estate Expertise for Today's Market
Specialties
Investment Sales Broker, Tenant Rep
Property Types
Industrial, Land, Office, Retail, Specialty
Markets
South Florida, Port St Lucie/Fort Pierce
Bio
Bill has been engaged in leasing, management, brokerage, receivership and workout of all types of commercial properties throughout the State of Florida for more than 37 years. Bill also has extensive expertise in construction and development management services and real estate tax appeal work, and is recognized as an expert witness in the commercial real estate industry. He has served as Receiver for both state and federal courts.
NOTABLE TRANSACTIONS, CLIENTS
Tenant Representation:
IDI, 20,000 sf - corporate office, Boca Raton
Weiss Research, 20,000 SF, corporate office relocation, Palm Beach Gardens
Data Base Technologies, 136,000 SF, corporate office location, Boca Raton
Seisant, 62,000 SF corporate office location, Boca Raton
T.L.O, 135,000 SF corporate office location Boca Raton
Electronic Payments, 10,000 SF satellite office location Boca Raton
Sales:
Land Assemblage - 3 acres $2.8 million, memory care facility, North Palm Beach
Zip Code Place, 100,000 SF retail project, $12 million, West Palm Beach
6001 Park of Commerce, 30,000 SF office/warehouse, 7 acres, $3.9 million, Boca Raton
Lainhart Potter Bankruptcy Sale, West Palm Beach and Jupiter, $2.8 million
Ed Morse Dealership property, North Palm Beach, $5 million
Oakbrook Center ,Winn Dixie Shopping Center, Ocala, $2.775 million
Summit Commons 50,000 sf retail Strip Center West Palm Beach $6.65 million
Redemptive Life Project - 42,000 sf school plus 7 acres multi-family parcel $8,700,000, West Palm Beach
Leases:
Altitude Trampoline Park - 47,000 SF, Lake Worth
Metro Lumber, Nassau Square 45,000 SF, Lake Worth
Publix Extension, Nassau Square, 40,000 SF, Lake Worth
Crazy Buffet, Concourse Plaza, 10,000 SF, West Palm Beach
McDonald’s Ground Lease, Nassau Square, Lake Worth
IPTS Haverhill Business Park, 20,000 SF, Industrial manufacturing, Riviera Beach
Dollar Tree, Nassau Square, 10,000 SF, Lake Worth
SunTrust Bank, Mirasol Shopping Center Ground Lease, Palm Beach Gardens
Octapharma - 12,780 sf - retail Blood Plasma Center, Palm Springs
McDonald’s outparcel ground lease - Forest Hill Center, Palm springs
PROFESSIONAL AFFILIATIONS
Florida Licensed Real Estate Broker since 1982
Business Development Board Palm Beach County
ACHIEVEMENTS:
Since founding the firm in 1987, Bill has facilitated thousands of commercial transactions totaling over $1 billion of gross business volume.
Exclusive broker for Trustees in both State and Federal Bankruptcy cases
Sale and management of an $800 million portfolio of commercial properties for the Federal Savings & Loan Insurance Corporation
EDUCATION:
University of Maryland graduate, 1980
PRIOR WORK EXPERIENCE:
1987-1988, Dan Kron Associates, Director of Commercial Properties
1985-1987 , Federal Savings & Loan Insurance Corporation, receiver for Sunrise Savings & Loan.
1987 - Present President of Reichel Realty & Investments, Inc.
COMMUNITY/INDUSTRY ACTIVITIES:
Business Development Board of Palm Beach County
Area Chambers of Commerce
International Council of Shopping Center Developers
National Association of Corporate Real Estate Professionals
Adopt-a-Family
Leadership Palm Beach County
Goodwill Industries
Advisory board, CARP
