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C3’s Rick Mancinelli on creating a fun, upbeat company culture

Although Cloud Computing Concepts (C3) is rapidly growing through acquisitions, CEO Rick Mancinelli likes to talk more about the perks he provides for his 25 employees than the company’s profits. C3 has been named among the Business Journal’s Best Places to Work for six years in a row, and he plans to make its Delray Beach headquarters even better with an expansion that will double its space as it adds employees. Mancinelli, honored by the Business Journal in 2015 as a Palm Beach Ultimate CEO, offered a tour of the expansion that’s under construction. He discussed his workers’ benefits, which include a flexible schedule and a fully stocked refrigerator. Another perk to come: a corporate golf cart for swift access to Atlantic Avenue and the many local establishments. What are the positives of doing business in South Florida? The negatives? In the last 10-15 years, I’ve certainly seen more camaraderie…

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March 11, 2019|General

C3 Cloud Computing Concepts, a 110 East Atlantic Tenant, wins Best Place To Work award.

Cloud Computing Concepts offers employees a host of financial, compensation, benefits and other perks that executives there believe make it a Best Place to Work. The most fun benefit, though, may soon be parked right outside. C3 recently received approval from landlord Menin Development to add a parking spot in the garage for a corporate golf cart. The goal is to allow employees to leave their keys behind and, without having to use their own vehicles, grab the C3 Cloud Cart and drive to lunch, run errands or head out for an afternoon coffee meeting or snack. This is just the latest benefit to a host of features C3 offers. The company provides financial support for both technical and corporate training, promotes participation at various industry events, and encourages shadowing of higher-level employees to provide as many opportunities for growth as possible. It also announces and celebrates individual wins, certifications…

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February 26, 2019|General

WHAT’S NEW IN THE PALM BEACHES, 2018 – 2019

The Palm Beaches, which is the collection of 39 cities and towns that make up Palm Beach County, are located in Southeast Florida – just one hour north of Miami and roughly two hours southeast of Orlando. While this destination’s rich culture is shaped by its storied legacy in the glittering Gilded Age, The Palm Beaches walk a delicate balance of preserving its meticulously adorned, bougainvillea-draped architecture with a bustling, urban vibrancy that comes along with its continued evolution. Highlights of this year’s new developments include innovative hotel concepts, elevated culinary excellence, re-envisioned cultural institutions and intriguing attractions that immerse visitors into the vast diversity of experiences available in this paradise. One thing that remains the same… more than 75 kilometres/47 miles of palm-tree lined, golden beaches along the warm waters of the Atlantic Ocean. NEW PLACES TO STAY: The Ray – Delray Beach Scheduled to open Winter 2019, the…

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January 25, 2019|General

A Fresh Look at Florida

Once Dependent on Tourism, the Sunshine State Now Thrives on Food, Fun and Facilities By Thomas Rynne If you haven’t been to Florida in a while, things may seem a bit different. Florida’s grown up. It’s now the third most-populous state, with a population approaching 22 million. Once subject to a feast-or-famine economy mostly dependent on the tourist trade, Florida’s now characterized by reborn cities with thriving downtowns. Miami used to be a low-rise city, where the sidewalks were said to “fold up” after dark. It is now a world-class metropolis, boasting one of the most impressive skylines in America. Jacksonville’s downtown has been energized by its Riverwalk and the historic neighborhoods surrounding it. Tampa has also revived its downtown, with a Riverwalk connecting hotels, restaurants and office buildings. Across the bay, St. Petersburg, once in decline, is now a lively city filled with youthful entrepreneurs and innovators. Wherever you…

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January 22, 2019|General

MENIN DEVELOPMENT ACQUIRES RESTAURANT PROPERTY 307 E ATLANTIC AVE.

Menin Development has acquired the restaurant space formerly occupied by Luigi’s Coal Oven Pizza in downtown Delray Beach. Located at the intersection of East Atlantic Avenue and NE 3rd Avenue, the approximately 5,000 square foot space is situated in one of South Florida’s most prominent retail/dining areas. The fully equipped, turnkey restaurant is currently the only available restaurant space located on Atlantic Avenue and features a year-round outdoor patio. For further information regarding leasing opportunities, please contact Marc Yavinsky at (561) 282-5715.

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January 17, 2019|Acquisitions

MENIN DEVELOPMENT ACQUIRES ONE 10 OFFICE BUILDING

Menin Development has acquired the recently renovated One 10 office building on Atlantic Avenue in the heart of downtown Delray Beach for $31 million. Located on the southeast corner of East Atlantic Avenue and SE 1st Avenue, the 50,000 square foot mixed use building combines restaurant, retail, and Class A office space. The fully redeveloped building features Rocco’s Tacos & Tequila Bar and L’Acqua Ristorante Italiano on the ground floor and approximately 40,000 square feet of Class A office space above as well as covered and reserved garage parking. Located next to Rocco’s Tacos on the ground floor, the recently opened L’Acqua will be hosting their grand opening event soon to introduce a new option for Italian fine dining on Atlantic Avenue. The 3,800 square foot space features indoor and outdoor patio seating as well as a view of Delray’s Old School Square. LEASING OPPORTUNITIES • Ground Floor – 2,123…

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January 16, 2019|General

South Florida’s biggest retail sales in 2018

Investment sales in South Florida remain strong despite the latest wave of store closures across the country. The majority of the top deals in 2018 were for new or recently renovated shopping centers in suburban neighborhoods throughout the tri-county region, according to data from brokerages that include Cushman & Wakefield and Colliers International South Florida. “You’re seeing institutional-level capital invest in the retail space but in centers that have made that investment to keep up with what the shoppers and tenants demand,” said Ken Krasnow, executive managing director of Colliers in South Florida. Krasnow said the successful retail centers have a thought-out mix of tenants, including fitness concepts and destination restaurants. “There’s a reason to go to these centers. It’s stuff you’re not necessarily going to experience in an online-type shopping experience,” he added. InvenTrust Properties buys PGA Plaza in Palm Beach Gardens for $88M InvenTrust Properties Corp. dropped $88…

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December 21, 2018|General

What’s new in Palm Beach County’s hotel resort scene

Did you know that Palm Beach County is the largest county in Florida? This portion of the Gold Coast includes 39 cities and towns and has been a resort haven since the Belle Epoque (Hello, Palm Beach anyone? Henry Flagler?). Now there are a host of new resorts planned for the region and some makeovers planned for existing ones. ADVERTISING inRead invented by Teads “This destination is constantly evolving and improving,” says Jorge Pesquera, president and CEO of Discover The Palm Beaches, a tourism marketing corporation, in an email interview. “We invite new visitors to discover the Palm Beaches and be among the first to experience our exciting new changes.” Here’s what’s heading to South Florida’s hotel and resort scene. NEW HOTELS Banyan Cay Resort and Golf in West Palm Beach Banyan Cay Resort and Golf in West Palm Beach Banyan Cay Resort and Golf in West Palm Beach is…

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December 17, 2018|General

Downtown Delray Beach office building sells for $31M

A recently renovated office/restaurant building in downtown Delray Beach was sold for $31 million. RMS Properties IX LLC, led by Roshan Shoffet of Schaumbrg, Illinois, sold the building at 110 E. Atlantic Ave. to Rosebud 110 LLC, managed by local developer Craig Menin. Miami Lakes-based BankUnited provided a $26.5 million loan to the buyer. The building, which was recently renovated, totals 47,718 square feet. It has 5,079 square feet of restaurant space, and the rest is offices. It has 132 underground parking spaces. The building was constructed on the 0.46-acre site in 1976. It last traded for $8.5 million in 2014, and the renovations significantly increased its value at a time when downtown Delray Beach has become a popular dining and shopping destination. Menin said he bought the building because there’s a rising demand for Class A office space in Delray Beach. “The ability to acquire an additional 143 feet…

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December 11, 2018|General

Delray bookstore changes with times: ‘Now we sell entertainment’

Best-selling author John Green once said that he wouldn’t have a career if it weren’t for independent bookstores. Surely, many debut writers who have gained new fans of their work by frequently hosting readings or signings at local book stores would agree with him. Although many believe that small book sellers are doomed due to the growing takeover of the reader market by Amazon and chains like Barnes & Noble, many independent bookstores are still holding strong. Murder on the Beach, a mystery bookstore nestled in Pineapple Grove Way in Delray Beach, is an example of such book locales that cater to both long-time customers and those who are surprised to discover it while walking around the area filled with restaurants and cafes. Joanne Sinchuk, who founded Murder on the Beach in 1996, says that for her the most challenging aspect of owning an independent bookstore is keeping up with…

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December 2, 2018|General