March 6, 2015

Four on Friday: Ian Weiner of PEBB Enterprises

In today’s Four on Friday, we talk with Ian Weiner, a principal at PEBB Enterprises in Boca Raton, Florida. He discusses his firm’s services, its current projects and also reveals what line of work he might be in if he weren’t in commercial real estate. Many thanks to Ian for his time.

Give us an overview of PEBB Enterprises: when was the company formed, what is the range of its commercial real estate activities and in which geographical areas does it operate?

10420160_10103932210066387_1668388531841086868_n (1)Weiner: PEBB Enterprises is a private, family-owned-and-operated company that has been in business for over 40 years. Today PEBB owns, operates and develops a diversified portfolio of over 2 million square feet of commercial properties throughout South Florida and the Midwest.

What are some of the projects PEBB Enterprises is currently working on?

Weiner: 32 East in Cincinnati. PEBB is under construction with a 200,000-square-foot re-development that includes a complete re-build of over half of the property. The project will be anchored by Michaels and Gordmans.

Buckingham Plaza in Royal Palm Beach, Florida. PEBB is under construction with a 100,000-square-foot ground-up development anchored by TJMAXX, Michaels and Shoe Carnival.

What is the most satisfying aspect of working in commercial real estate? What is the most challenging?

Weiner: The most satisfying aspect is the diversity of things I work on a daily basis. No day is ever the same, and you always have to anticipate your next deal. The most challenging aspect is the competition in today’s marketplace to find deals. Everyone is looking for the same type of asset, and there is a lot of money out there.

If you didn't work in commercial real estate, what occupation would you most likely have?

Weiner: I have a law degree so it would probably be lawyer by default.

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