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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 [...]

Property Sales increase Despite Soft Economy

Bahamas Realty Team

Bahamas Realty Team

Bahamas Realty Ltd. announced today that the firm realized a gross sales increase of nearly 60% in real estate sales, and an almost 80% increase in gross commissions in 2016 over the same period in 2015, despite a soft economy. “We are delighted to see that sales increased so significantly this past year,” said CEO Larry Roberts. “While the economy has been slow to improve, this tells us that there is still demand for housing and commercial property in the Bahamas.” However, with an increase in inventory, today’s savvy buyer is more discerning. “What we are seeing is that building a relationship of trust is key to consumer confidence. Expertise and top notch service are our hallmark, and our team goes above and beyond to truly take the time to understand our client’s needs,” explained Roberts. The real estate market continues to shift, and with it Bahamas Realty continues to create new opportunities for its clients. “Our job as a brokerage firm is to ensure that our agents are given the marketing tools, office support and education they need to stay current with market conditions,” said Roberts. “We provide a host of educational opportunities through leading edge online educational courses and support for industry designations and global conferences,” said Roberts. Bahamas Realty has remained on the cutting edge of technology, investing in tools that help clients feel connected to every aspect of the transaction. Recently the company announced that they had begun offering 3D video tours which allow buyers to “walk” through a space in virtual reality even before they have an opportunity to see the property in person. “Bahamas Realty is known for its great reputation and high standards of integrity,” said Roberts. What that means for today’s real estate buyer is transparency in the process, communication and above average service. Roberts ads, “This year has shown us that we are on the right path, and we are grateful to our whole team and to our valued clients.”

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