Clients Opening: Aida opens in Former American Icon Taproom Flagler Village Fort Lauderdale
https://www.miaminewtimes.com/restaurants/coconut-groves-mexican-seafood-hotspot-aida-opens-in-fort-lauderdale-15732294 ______ JESSE SCOTT NOVEMBER 30, 2022 9:00AM Aida is renowned for its seafood with a Mexican flair, like this taco de chicharrón with corn-coated shrimp. Aida/Colibri 4 Restaurant Group photo A little bit of the Grove has made its way north to the Village. Renowned for its upscale take on Mexican seafood classics, Coconut Grove staple Aida has opened […]
Prakas Blog: The Top 5 Mistakes to Avoid When Buying a Restaurant or Bar
As a real estate broker specializing in restaurant and bar acquisitions, I have seen many buyers make critical mistakes that cost them dearly in the long run. Buying a restaurant or bar is a significant investment, and you need to make informed decisions to ensure you get the best return on your investment. Here are […]
Prakas & Company Featured in NY POST
The article titled, “Meet the developers giving old-school Boca Raton a luxury facelift,” spotlights the major transition happening in Boca Raton right now with all the new construction — restaurants, hotels, etc. and mentions Prakas & Co. The article quotes Tom Prakas giving insight into the booming market and more! https://nypost.com/2023/02/17/boca-raton-shedding-its-old-reputation-for-a-younger-vibe/ _______________________ “We have been […]
Basketball Legend Tracy McGrady Enters the Restaurant Industry
Full Link to this FSR.com Article – https://www.fsrmagazine.com/emerging-brands/basketball-legend-tracy-mcgrady-enters-restaurant-industry?utm_source=fs_insider&utm_medium=email&utm_campaign=20210317 Tracy McGrady’s restaurant is 5,000-square-foot venue that boasts 130 seats and a 40-seat oval bar topped with reclaimed basketball flooring. MARCH 17, 2021 BEN COLEY For more than a dozen years, NBA Hall-of-Famer Tracy McGrady won the hearts of basketball fans with his electric ability. Eight years after […]
Tin Roof Turns 2!!! — Atlantic Avenue’s Hottest Bar
2 years operating!!! The entire team at Prakas & Co. would like to give a huge Birthday shoutout to Tin Roof Bar located at 8 East Atlantic Ave Delray Beach, FL 33444. Being the exclusive broker who placed Tin Roof into this original location as well as working out a deal for them to expand […]
New restaurant opening: Taste Indian food inside of a Tiffin Box
Our friend and client Anesh Bodasing has opened his doors to Tiffin Box the Americanized Fast Casual concept that brings the flavors of Indian Cuisine to the masses. We love this concept and are proud to be exclusive representing this brand as they grow throughout this state and across the country. Here is a full […]
Delray Beach in 2030: City eyes more dining, entertainment and tourism
Palm Beach Post Article Delray Beach in 2030: City eyes more dining, entertainment and tourism Full Article Link Here: On the Avenue, hip retirees will mingle with young professionals, families and tourists who all flock to this seaside city to play. Delray Beach’s nickname is the “village by the sea,” and a few decades ago, […]
Delray Beach bars fined heavily for overcrowding, but some bars haven’t paid fines yet
DELRAY BEACH, Fla. — Bars and restaurants in Delray Beach owe the city tens of thousands in fines due to overcrowding. Since December, Delray Beach Fire Rescue inspectors have been checking nightlife spots on busy Atlantic Ave. on Friday and Saturday nights to see if they’re over capacity. The issues boil down to safety, according to Fire […]
Delray Beach: Commission looks into effects of busy nightlife on Atlantic
On a balmy Saturday evening last month, families strolled along East Atlantic Avenue after dining at some of its many popular restaurants. But around 10 p.m., the street took on a rowdier atmosphere. By midnight, young adults packed the five blocks between Swinton and Fifth avenues, creating an electric party vibe. Lines formed outside The […]
Restaurant Row destined for Boca Raton plaza
Think Boca Raton has everything a bon vivant could desire? Crocker Partners doesn’t think so. Deeming that Town Center Drive just across the canal from Town Center Mall in the upscale retiree town didn’t have food worthy of the local traffic, Crocker has introduced its plan for Restaurant Row, a 22,500-sq.-ft. restaurant-only development outside The […]
New restaurant: Chef Todd English is in love with West Palm – and plans to stay
In addition to opening Todd’s on Dixie Highway, the celebrity chef hopes to open one of his national concepts in south county. Todd English walks into his new West Palm Beach restaurant through a rear door on a recent Monday. The restaurant, tucked into the enigmatic EmKo building on South Dixie Highway, is closed and empty on this […]
Boca district snares two hot restaurants, more on the way
Chief executive and founding partner David Tornek skipped over southern Palm Beach County when he expanded Meat Market Steakhouse five years ago, choosing a spot on Palm Beach for the sexy Miami Beach restaurant’s first foray north. Now, with the passage of time and the growth in the population, Meat Market is taking a bite of Palm Beach County: the modern steakhouse […]
Blue Ocean Poke – East Boca OPEN FOR BIZ
Exclusively Represented by Prakas & Co. Blue Ocean Poke takes over the former Beer Trade Boca Raton location for their 2nd location. Blue Ocean Poke brings top quality seafood in an interactive fast casual experience. Second Location:2151 N Federal Hwy,Boca Raton, FL 33431 Expect many more locations to come! Blue Ocean is currently also running […]
Florida Real Estate Market Trends of 2019: What to Expect
FLORIDA’s Strong Commercial Real Estate Market The strong commercial real estate market is one that Florida parades with pride. The market indicates a positive growth in 2019 for CRE, and here is why: Business growth in the area Retail growth No personal income tax making it the 4th best tax climate in the US Related: Why Switching to Commercial Real […]
Scout & Molly’s Boutique Opens At The Shops At Boca Center
An afternoon in your best friend’s closet,” is how Boca Raton resident Lisa Kaufman describes Scout & Molly’s, the retail franchise she created. The brand has more than 50 locations in 24 states and Scout & Molly’s newest location will be at the Shops at Boca Center, set to open on Sept. 8. The boutique […]
DON CHEPO’S TACO SHOP OPENING OCT. 15 IN BOCA RATON
Boca Raton’s newest taco spot will open Oct. 15 when the team behind the popular Wellington taco eatery, Don Chepo’s Taco Shop, opens in the Boardwalk at Boca Raton shopping and dining center. http://www.donchepos.com Sale of the fromer Blue Moon Mexican Cafe BROKERED BY: Prakas & Company. The 4,200 square-foot restaurant will feature lakeside outdoor seating, […]
Brass Ring Pub buys former Burrito Bros. space in Jupiter
The Brass Ring Pub this month paid $2.55 million for the former Burrito Bros. restaurant on Indiantown Road, a move that allows the burger restaurant to finally open a location in Jupiter. Brass Ring Pub principal Bret Worcester on Friday confirmed the purchase of the 1150 Indiantown Road property. The Brass Ring Pub, known for its large, juicy burgers, […]
The Wine Room tasting place is coming to downtown Delray Beach!
A popular wine bar and retail shop from Winter Park is coming to Delray Beach, adding another attraction to the city’s lively downtown scene. The Wine Room will be taking over the Caffe Martier restaurant space at 411 E. Atlantic Ave. starting April 2, according to Bruce Simberg, The Wine Room managing owner. The Wine Room will complement the […]
Live music venue Tin Roof coming to Delray Beach
Tin Roof, a Nashville-based chain, is taking the space formerly occupied by Smoke BBQ on Atlantic Avenue. Tin Roof, a Nashville-based bar and restaurant chain centered around live music, has leased the space formerly occupied by Smoke BBQ restaurant on Atlantic Avenue in downtown Delray Beach. The move brings a major music venue to the Avenue and […]
Details on Restaurant Row Planned for Central Boca Raton FL
Restaurant Row may be heading to Boca Raton’s city center, near one of the nation’s most successful shopping malls. A 20,000-square-foot complex by Crocker Partners is being planned near the Town Center mall. Representatives have been marketing the site at trade shows, and thus far, interest in this restaurant-only destination is strong, they say. The property would be […]
National restaurants eye Delray Beach for space
The spot vacated by Smoke BBQ has caught the attention of national eateries. It’s not Dull-Ray anymore. Instead, Delray Beach has reached a new level of business prominence, so much so that the once sleepy village-by-the sea has national restaurant companies taking a hard look at leasing space along downtown’s Atlantic Avenue. In particular, they’re eyeing […]
Ex-Hudson at Waterway East in Delray to become Argentine restaurant
The former Hudson at Waterway East has been leased to a restaurant company that operates Argentine steakhouses in Spain. Che! Restaurant uses the casual Argentine moniker for “dude” or “pal” as its name. But Che! Restaurant a seriously expanding company, with numerous locations in Spain. Now it has grand plans for the United States. Indeed, the Delray Beach […]
NAR: Commercial sales subdued in first quarter
WASHINGTON – May 20, 2016 – After a booming 2015, the pace of commercial transactions in the first quarter of this year dropped and failed to keep up, according to the National Association of Realtors®’ (NAR) Commercial Real Estate Outlook: 2016. Large commercial real estate deals plunged 20 percent year-over-year, totaling $111 billion in the […]
Soup, Salad and Sandwich Joint Coming to Gardens!
A prime restaurant spot in Legacy Place won’t be vacant for much longer. A sign in the window of a corner location in the shopping destination on PGA Boulevard announces Newk’s Eatery is coming soon. The 4,600-square-foot restaurant has a large wrap-around patio with a few of the fountain. The regional restaurant chain with Mississippi roots serves soups, salads, […]
Restaurant real estate soaring in Palm Beach County
The real estate market for restaurants in Palm Beach County is strong, with heightened demand and rising prices attracting a range of eateries, experts say. “Demographics — heavy high-end to middle class — are conducive to restaurant owners,” Tom Prakas, owner of restaurant brokerage Prakas & Co. in Boca Raton told The Real Deal. “The population […]