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NAI Bahamas Realty Commercial Sells Former RBC FINCO Building

RBC FINCO Building

RBC FINCO Building

NASSAU, BAHAMAS – November 1, 2019 – NAI Bahamas Realty Commercial, the commercial division of Bahamas Realty Ltd. and a member of NAI Global, announced today that it represented the sale of the former RBC FINCO Building. The property will be utilized by a local retail bank. Commercial Broker, Larry Roberts negotiated the sale of the former bank.

“This sale is the latest of several recent major transactions we’ve represented in Nassau,” said Donnie Martinborough, CEO of Bahamas Realty & NAI Bahamas Realty Commercial. “This trend demonstrates a clear demand for commercial space in the capital.”

The purpose built RBC building is located on the Northeast corner of Robinson Rd. and Key West St., a high traffic location with excellent visibility. The 6,499 SF building is designed for security with separate front office and secure warehouse sections, and features a drive-thru facility.

About NAI Bahamas Realty Commercial. NAI Bahamas Realty Commercial, an exclusive member of NAI Global, is a corporate real estate services company dedicated to offering the finest commercial real estate and property management services in The Bahamas. It is the commercial division of Bahamas Realty Limited, a full service real estate company established in 1949 offering a full range of services for both residential and commercial properties.

Larry Roberts Appointed Director of the Bahamas Property Fund (BPF)

Larry Roberts

Larry RobertsWe are pleased to announce that Larry Roberts, NAI Bahamas Realty Commercial consultant & broker, has been appointed Director of the Bahamas Property Fund (BPF). Congratulations Larry Roberts!

Mr. Roberts is a past president of The Bahamas Real Estate Association and a member of the Society of Industrial & Office Realtors (SIOR). Mr. Roberts recently retired as the CEO of Bahamas Realty Ltd./NAI Bahamas Realty Commercial and continues to specialize in the sale and lease of commercial property throughout the Bahamas at NAI Bahamas Realty Commercial.

Read more about the appointment here: https://bit.ly/2MTIbDV

NAI Bahamas Realty Commercial negotiates major lease of New Corporate Center.

Ground Breaking at Caves Corporate Center

Ground Breaking at Caves Corporate Center

Ground Breaking at Caves Corporate Center. L-R: Larry Roberts, Consultant/Director, Bahamas Realty; Toby Hayes, Development Mana

NASSAU, BAHAMAS – August 7, 2019 – NAI Bahamas Realty Commercial, the commercial division of Bahamas Realty and a member of the world’s premier managed network of commercial real estate firms, announced today a lease at the new Caves Corporate Center making Ernst & Young (EY), the anchor tenant of the western 25,000 square foot office building

Caves Corporate Center is currently under construction by Mosko United Construction Company Limited on the corner of West Bay Street and Blake Road. Only the 7,000 sq. ft. ground floor remains available for rent, represented by NAI Bahamas Realty Commercial.

“We’re pleased to have had a hand in helping EY find a new location for their offices in the fast-growing Western district of New Providence,” said Donald Martinborough, CEO of NAI Bahamas Realty Commercial. “This is a great location for this prestigious firm.”

The office is one of two buildings being built next to Caves Village which houses numerous restaurants, shops, a fitness centre, childcare facilities, businesses and banking facilities. In addition to the many residential developments nearby, including the Caves Point and Caves Heights residences, Blake Road has seen an increase in commercial office development and has become the hub of medical services in the west.

“This lease is the latest of several recent major transactions we’ve represented in the Capital,” said Martinborough. “We’re seeing a trend of businesses seeking locations which suit their employee’s lifestyle and taking into consideration nearby amenities and services that appeal to their workforce when making the decision to move or expand. This trend mirrors what is happening globally and shows positive growth in the Bahamian business sector.”

Bahamas Realty Vice President, CEO Larry Roberts Steps Down, Donnie Martinborough Named CEO

Donald Donnie Martinborough & W. Larry Roberts

Bahamas Realty announced today that W. Larry Roberts, a two-term president of the Bahamas Real Estate Association and visionary leader who pioneered many of the firsts in the real estate industry, has stepped down as Vice President and CEO after a career that spanned nearly half a century. Mr. Roberts will remain a director and consultant [...]

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