BOCA RATON, FL - (Marketwire - Dec 4, 2012) - Nestler Poletto Sotheby's, which owns the exclusive Sotheby's International Realty franchise in South Palm Beach County and North Broward, is moving its main office to 200 East, an upscale residential condominium and mixed-use project in the heart of downtown Boca Raton. It's located at 200 East Palmetto Park Road. The luxury brokerage purchased the new 3,100 square foot office space, located on the ground floor of building, from the developer, The Lojeta Group. Nestler Poletto Sotheby's currently leases 2,800 square feet at One South Ocean Boulevard in Boca Raton, a spot it has occupied for the past five years.
Brokerage co-owner John Poletto said the timing is perfect to move.
"We really wanted to be downtown because that is where all of the action is right now, and where people want to live, work and play," said Poletto. "We took over in 2011 and our sales pace proved that this is where we want to be. The strength of the building and location makes 200 East the perfect home for us."
The move is also strategic because Nestler Poletto Sotheby's is the exclusive marketing and sales group for 200 East. Since coming on board a year ago, Nestler Poletto Sotheby's and their in-house sales team have sold 26 residences in excess of $26 million. The project only has a limited number of brand new of condominiums and townhomes available at this time.
"Nestler Poletto has done a great job for us since coming on board," said Lon Tabatchnick, whose development company built 200 East in 2009. "Now that their entire operation will be based here full-time; their local, national and global reach will put us in a better position to sell out the building quickly."
Tabatchnick and Poletto attribute 200 East's success to the fact that it is a high-quality project in the heart of downtown Boca.
"All you have to do is look around because a lot's happening downtown," said Mark Nestler, co broker and owner of Nestler Poletto Sotheby's. "They're getting new luxury retail stores, high-end restaurants and developing a bustling nightlife. There's more going on here now than ever before. It's why we want to be here too."
The new location also puts Nestler Poletto Sotheby's and its 50 plus sales agents in a central location between Manalapan to the north and Hillsboro Beach to the South.
"Our new office not only lets us focus on downtown living, but we will be better positioned to service all of our luxury products including country club and gated communities further west and waterfront neighborhoods to the east."
Nestler Poletto Sotheby's focuses on properties starting at around three-quarters of a million dollars and up. Units at 200 East -- which include two and three bedroom units as well as townhouses -- start at $674,000.
For more information on Nestler Poletto Sotheby's International Realty or 200 East, please contact Mark Nestler at email@example.com or John Poletto at firstname.lastname@example.org or by calling 561-368-5105 or 561-997-7227.
Nestler Poletto Sotheby's International Realty represents one-of-a-kind properties from Manalapan in the north to Hillsborough Beach in the south, extending from the Atlantic Ocean on the east to the western country clubs and private communities. Combining their wealth of local knowledge with the comprehensive Sotheby's International Realty network of more than 12,000 agents in 44 countries across the globe Nestler Poletto Sotheby's International Realty can reach out and market properties on a scale that no other firm can match. For more information log on to www.npsir.com.
The Lojeta Group is diverse, very successful and highly respected family owned real estate development firm. Focused on developing and investing in high quality large-scale opportunities, the Lojeta Group has completed more than 1,000 homes and many retail and commercial space since its inception in 1985. In addition to 200 East, the firm is also developing Margaritaville Hollywood Beach Resort in Hollywood, Florida. For more information, please visit www.lojeta.com.
Katie Ward | Laura Burns