June 23, 2008

Palm Beach Post

Many Eateries Being Quietly Put On The Market

With a so-so winter season over, and the slug­gish summer season upon us, many restaurateurs are throwing in the dish towel.

May 2008

Florida Real Estate Journal

Restaurant Leasing Declines in Most FL Regional Markets

With the exception, perhaps, of Central Florida, restaurant leasing in the state’s major markets is waning as real and perceived economic weakness continues.

If they aren’t shutting down altogether, single-owner and chain restaurants are at least cutting back on their expansion plans, market observers report.

South Florida

“In general, the market is slow. Since the middle of November and December, we’ve witnessed a dramatic slowdown” in sales and leasing, said Athan “Tom” Prakas, president and owner of Boca Raton-based The Prakas Group Inc., which specializes in restaurant and night club brokerage

June 2008

Real Estate On Restaurant Row

May I Get You A Table?

In the old days, May was the month when we would see the last of the car trailers on the highway heading back north for the summer. They left behind less traffic, the possibil­ity of getting a reservation, and a huge plummet in business.

March/April

Bocamag.com

Faces

Tom Prakas

* RESTAURANT BROKER

April 2008

Atlantic Ave

The Great Outdoors

 “Spring break” may conjure up visions of college students descending upon our South Florida shores and invading our treasured beaches and restaurants, but for local residents it is simply that time of year where the weather invites us to take in all that the Sunshine State has to offer. This includes the opportunity to enjoy the pleasures of outdoor dining at our local area restaurants, especially the irresistible panache and variety of Atlantic Avenue.

February 28, 2008

TheGapGroup

The Prakas Group Brokers Joint Venture Partnership for II Marco's The Eire Restaurant Group and South Florida Entrepreneur Taylor Smith

The Prakas Group Brokers Joint Venture Partnership for Il Marco’s The Eire Restaurant Group

And South Florida Entrepreneur Taylor Smith

FOR IMMEDIATE RELEASE:

Boca Raton, Fla., February 28, 2008—Tom Prakas, founder of The Prakas Group today announced a formidable new partnership between Il Marco founder Marc Spillane, CEO of The Eire Restaurant Group and South Florida Entrepreneur Taylor Smith  

Prakas explains, “New plans are in store for the high profile Il Marco restaurant and lounge situated at Restaurant Row in east Boca Raton.”

February 26, 2008

Florida Real Estate Journal

Out On The Town

Out on the town
By: Hortense Leon, Florida Real Estate Journal
Last Updated: Tuesday, February 26, 2008

The restaurant and nightclub business has more than a fleeting connection to the entertainment business. And no one knows this better than Athan “Tom” Prakas, president of The Prakas Group. The 52-year-old owner of the Boca Raton-based commercial real estate brokerage company, which specializes in restaurant and nightclub sales and leasing, represented Danny DeVito as the exclusive broker for the actor’s chic South Beach restaurant, DeVito South Beach, which opened in June 2007. Prakas also recently brokered the sale of the glamorous La Vieille Maison, Boca Raton’s most famous French restaurant for more than 30 years.

February 3, 2008

OrlandoSentinel.com

Coal-Fired Pizza needs a home

Coal-Fired Pizza needs a home

Anthony's Coal-Fired Pizza Inc., a South Florida chain of pizza restaurants, is looking to break into the Orlando market. The pizza eatery is sniffing around the region for real estate, according to Tom Prakas of the Prakas Group, which is handling the leases. As its name implies, Anthony's uses coal-fired ovens to bake pizzas in about four minutes. The Fort Lauderdale company has eight locations in South Florida and is reportedly looking to open five or six locations in Central Florida. The chain has no connection to existing Central Florida pizza parlors operating under the Anthony's name. read more

May 2006

Estiator - The Restaurateur

Tom Prakas Grows Restaurant Background Into Thriving Real Estate Brokerage Niche

Sowing the seeds of Innovative think­ing and Influential dealings in South Florida's hothouse of restaurant sales and leases, Athan "Tom" Prakas has created a successful real estate company, stem­ming from his Greek roots and restaura­teur background.

In 2000, Mr. Prakas established The Prakas Group, Inc., a thriving commercial real estate brokerage company specializ­ing In restaurant, nightclub and commer­cial properties throughout Palm Beach, Broward and Miami-Dade counties. For over 25 years before that, Tom Prakas owned and operated 27 restaurants, nightclubs and sports bars throughout Ohio, Atlanta, GA, and South Florida. Lo­cally, Mr. Prakas was the originator of al­ternative music clubs in Palm Beach, with the establishment of The Dark Side In Delray Beach and Moscow in West Palm Beach. He also owned and operated The Spot, a sports/rock cafe in West Palm Beach, and brought the popularity of ci­gar smoking to Boca Raton by establish­ing The Cigar Bar.

February 2, 2008

Nation's Restaurant News

Prakas on DeVito’s South Beach Deal

(Jan. 28, 2008) During the third season of the acclaimed HBO series “Curb Your Enthusiasm,” the show’s creator, Larry David, and real-life actors Ted Danson and Michael York were portrayed as they struggled to open a trendy, celebrity-owned eatery in Los Angeles.

Over the course of the season, the wannabe restaurateurs were called upon to deal with a strange array of challenges, such as a corpse-sniffing dog, a cook who lies about his baldness and an executive chef afflicted with Tourette’s Syndrome. On the restaurant’s opening night, the chef ends up triggering a obscenity-laced, communal free-for-all that, in real life, would have sent any self-respecting operator scrambling for good legal representation.

February 1, 2008

Orlando Business Journal

New lease signed on former Lee's Lakeside space

Friday, February 1, 2008
New lease signed on former Lee's Lakeside space

Orlando Business Journal - by Dan Ping Staff Writer

ORLANDO -- A California-based restaurant company may open a contemporary Italian restaurant and wine bar in the former Lee's Lakeside restaurant on the south shore of Lake Eola.

The 10,000-square-foot space at 431 E. Central Blvd. was leased Jan. 24 by Tom DiGiorgio, chief operating officer of Pompano Beach-based DK Group Inc., says Tom Prakas, president of The Prakas Group real estate firm which brokered the deal.

Prakas says DiGiorgio is recruiting famed restaurateur Piero Selvaggio to open a version of his Valentino restaurant in Orlando. It would be the first Valentino eatery in Florida.

DiGiorgio could not be reached for comment.

Selvaggio confirms he is talking with DiGiorgio. "It looks promising, but nothing is written yet," says Selvaggio, who expects to reach a decision by the end of February.

Selvaggio opened the 200-seat Valentino in Santa Monica, Calif., 35 years ago, and the restaurant has garnered a reputation as one of America's best Italian fine-dining establishments, with a wine list with more than 2,500 choices.
 

December 2007

The Boca Raton Observer

Pete's to Become Upscale Fish Market

Athan "Tom" Prakas of The Prakas Group, Inc. has brought together two savvy restaurateurs in a deal that is forever changing a 20-year Boca Raton dining institution. Prakas represented Pete Boinis, owner and manager of the famed Pete's Restaurant on Glades Road, who engaged his firm to find a buyer. And find one he did. Prakas created the link that brought high profile restaurateur Pano Karatassos, Founder and CEO of Buckhead Life Restaurant Group to purchase the Pete's location, for a future fish market concept restaurant.

December 2007

The Boca Raton Observer

Hot Pizzeria

Anthony's Coal Fired Pizza, with headquarters in Aventura, presently has locations in Aventura, Fort Lauderdale, Pompano Beach, Weston, Plantation, Palm Beach Gardens and Coral Springs. 

December 2007

Florida Restaurant & Lodging Association

Ready to Sell, Buy, Invest?

Are you ready to buy, sell or invest in a restaurant? Assembling a list of well tested ingredients mixed with a little precaution and foresight will increase your chances for a rewarding experience.  In this issue, we’ll look at choosing the right location. Next issue we’ll talk about the transaction itself and pitfalls to avoid.  Many of the important location decisions for your restaurant’s real estate will be based on a clear understanding of the restaurant’s concept.

August 20, 2007

dine

The Prakas Group Exclusive Broker in Pete's Restaurant Sale

August 20, 2007
Contact: Diane G. Diamantis
WordWork
561-487-9526

THE PRAKAS GROUP EXCLUSIVE BROKER IN PETE’S RESTAURANT SALE;
Boca Raton Landmark Restaurant to Change to Fishmarket Concept Restaurant

BOCA RATON, FL – Athan “Tom” Prakas of The Prakas Group, Inc. brought together two savvy restaurateurs in a deal that is forever changing a 20-year Boca Raton dining institution. Prakas represented Pete Boinis, owner and manager of the famed Pete’s Restaurant on Glades Road, who engaged his firm to find a buyer. And find one he did. Prakas created the link that brought high profile restaurateur Pano Karatassos, founder and CEO of Buckhead Life Restaurant Group to purchase the Pete’s location, for a future fishmarket concept restaurant.

October 8, 2007

dbBusiness

THE FINANCE GROUP WORLDWIDE, LLC TO PROVIDE COMMERCIAL/RESTAURANT LENDING;

 South Florida -

   BOCA RATON, FL -- Matt T. Weaver has launched The Finance Group Worldwide, LLC, a newly established commercial financial firm which will specialize in mortgages and lending for shopping centers, restaurants, multi-unit buildings and many other forms of commercial properties.  Weaver, president of the company, is partnering with Athan "Tom" Prakas, president/broker of the restaurant and commercial brokerage firm The Prakas Group, Inc. to launch this financial division. The Finance Group is located at 703-705 E. Palmetto Park Road, Boca Raton, FL, 33432 and can be reached at 561-368-0003.

            Matt T. Weaver has closed over $650 million in lending transactions, having previously served as president for over 10 years for Capital Mortgage of South Florida Inc. in Boca Raton and Coral Springs, FL, where he specialized in multi-unit, residential & commercial lending.

October 23, 2007

PR - inside.com

Prakas Group, Inc. Named Exclusive Broker for Anthony's Coal Fired Pizza Florida Expansion

- For The Prakas Group, Inc., Boca Raton WordWork Diane Diamantis, 561/487-9526 Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service commercial real estate brokerage firm specializing in restaurants and hospitality properties, has announced the firm has been named exclusive Florida broker for Anthony's Coal Fired Pizza and their expansion into the southeastern region of the United States.  Prakas and Randy O'Donnell, franchise restaurant sales and tenant representation specialist, will represent the restaurant in its search for new sites.

October 2007

Florida Commercial Properties

Hollywood: Retail Activity is Par for the Course

Like many of the cities in the hot South Florida market, Hollywood its coming into its own in the com­mercial real estate market, especially in the retail sector. read more

September 2007

South Florida CEO

Eating It Up

by Jennifer LeClaire

Tom Prakas traded his restaurant license for a broker's license eight years ago. Will his new menu of divisions pay off or water down his profitable niche?

RESTAURANTS MAY COME and go. but Tom Prakas makes money either way. His firm. The Prakas Group Inc.. serves an ultra-specialized niche in commercial real estate, brokering deals tor restaurant companies looking to buy. sell or rent space.

April 5, 2007

South Florida Business Journal

South Florida Business Journal - Business of the year nominee - The Prakas Group

Regions Bank and the South Florida Business Journal proudly present the 2007 Business of the Year Awards

The Business of the Year Awards recognize the accomplishments of various business industries in the South Florida marketplace. Awards are based on revenue growth, creation of jobs, commitment to employees and community involvement. All finalists will be honored and winners named at an awards luncheon, on April 5, 2007 at 11:30 a.m. at the Broward County Convention Center. 

July 15, 2007

Boca Raton News

Experience Counts

Boca Raton News

Athan "Tom" Prakas, president/broker and James Layson, managing partner/Central Florida of the Boca Raton-based Prakas Group, Inc., have announced the firma has been selected by Sam Sutton of Lake Buena Vista Resort, LLC as exclusive broker to market 8,000 square feet of restaurant space at Lake Buena Vista Resort Village & Spa.

June 21, 2007

Philly.com

Humorist Dave Barry is in Town

By Michael Klein

Inquirer Columnist

Humorist Dave Barry will be feted tonight at the Pen & Pencil Club, the night before he addresses the annual conference of the National Society of Newspaper Columnists.

Barry's last time at the Center City journo hangout: "He said he doesn't remember the ride home - someone drove him," says Philadelphia Daily News columnist Stu Bykofsky, who's spent two years planning the conclave. About 125 newsies plus spouses and guests will encamp at the Sofitel through Sunday for speeches, panels and hobnobbing. They'll also tour Citizens Bank Park and the battleship New Jersey and, just to clear their sinuses, ride the Broad Street Subway.

June 21, 2007

GlobeST

Two Liberty Trolls for a Restaurateur

By Merita Thomas

PHILADELPHIA-The Boca Raton, FL-based Falcone Group, which is in the process of converting the top 20 floors of the Two Liberty Place office tower into approximately 122 residential condo units, has cast a wide net to bring a new restaurant to the building. It has enlisted the Prakas Group Inc. to market 10,000 sf on the 37th floor of the building at 1601 Chestnut St. for sale or long-term lease to a restaurateur.

The space is located between 36 lower stories of class A office space and the 20 stories of residences above. Depending on the design and build-out, the space could seat about 275.

Prakas, which has offices in Boca Raton and Orlando, specializes in commercial, restaurant and hospitality properties. Tom Prakas, president and broker, tells GlobeSt.com, "the asking selling price is In the range of $650 per sf, or about $6.5 million, and the asking rent rate is in the area of $65 per sf. There could be concessions. We want a star, and the combination of chef and operator will seal the deal.

May 22, 2007

dBusinessNews

The Prakas Group, Inc. Closes Restaurant Sale

FORT LAUDERDALE, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a sale in recent activity in Broward County.

June 13, 2007

dBusinessNews

THE PRAKAS GROUP, INC. REPORTS COMMERCIAL SALE, BUSINESS SALE AND ONE LEASE TRANSACTION IN RECENT PALM BEACH COUNTY COMMERCIAL ACTIVITY

DELRAY BEACH, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, business brokerage, restaurants and hospitality properties, has reported the completion of a property sale, business sale and one lease transaction in recent activity in Palm Beach County.

Christian Prakas, restaurant/nightclub specialist, was exclusive broker for the following three transactions:

*Select Investment Properties has purchased a 2,800 SF building located at 19-23 SE 5^th Avenue, Delray Beach, FL. The building is presently 75% leased including an insurance company and BluIce Lounge, a new martini lounge. The sale is valued at $1,250,000. The Prakas Group, Inc. represented both the buyer and the sellers, Joseph Peraino and Frank Carucci of Joe's Pub Corp.

* Khoury Synergy has purchased the 1,500 SF BluIce Lounge located at 19 SE 5^th Avenue, Delray Beach, FL. BluIce Lounge is a chic lounge serving Mediterranean themed dishes and crepes along with a full liquor bar. The sale is valued at $175,000. The Prakas Group, Inc. represented the buyer as well as the seller, Taylor Smith of On The Rocks.

According to Christian Prakas, "This is an excellent location in Delray Beach, right on the corner of Atlantic Avenue and Federal Highway. It's a treasure-trove for any business seeking maximum exposure on one of the hottest strips in Palm Beach County."

*Boca Tanning Club Deerfield, Inc. has leased 1,700 SF of retail space for Boca Tanning Club, an upscale tanning salon, located at 215 N. Federal Highway, Boca Raton, FL. The company has been in business for five years and has three other Florida locations including one in Boca Raton, Fort Lauderdale, and West Palm Beach. The deal is valued at $215,000. The Prakas Group, Inc. is exclusive broker for Boca Tanning Club for all of South Florida. The Prakas Group, Inc. represented the lessee. The lessor, Investments Limited, represented themselves.

May 14, 2007

dBusinessNews

The Prakas Group, Inc. Brokers Sale For Faison-Grove Square, LLC in Delray Beach, FL

DELRAY BEACH, FL – Athan “Tom” Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a sale in recent activity in Palm Beach County.  read more

May 2007

Florida Real Estate Journal

Prakas Group to Rep. Hurricane Grill & Wings

BOCA RATON - Athan "Tom" Prakas, president/broker of The Prakas Group Inc., has been awarded exclusive representation by Hurricane Brand Holdings LLC, a Stuart-based company, and by area developer Alex Karas to broker more than 30 future South Florida Hurricane Grill & Wings sites.

May 15, 2007

Boca Raton News

Prakas Group Brokers Sale of Retail Block in Delray

FROM STAFF REPORTS
Athan "Tom" Prakas, president broker of The Prakas Group, Inc., a real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a sale in recent activity in Palm Beach County.

Prakas was exclusive broker for the following transaction: 290 East Atlantic, LLC has purchased a 10,000 square foot retail space located at 290 E. Atlantic Ave., Delray Beach, as an investment
property. The sale is valued at $4,094,700. The Prakas Group, Inc. represented both the buyer and the seller, Faison-Grove Square, LLC, a Charlotte, N.C. based company.

May 14, 2007

dBusinessNews

THE PRAKAS GROUP, INC. BROKERS SALE FOR

DELRAY BEACH, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a sale in recent activity in Palm Beach County.

A. Tom Prakas was exclusive broker for the following transaction:

*290 East Atlantic, LLC has purchased a 10,000 SF retail space located at 290 E. Atlantic Blvd., Delray Beach, FL as an investment property. The sale is valued at $4,094,700. The Prakas Group, Inc. represented both the buyer and the seller, Faison-Grove Square, LLC, a Charlotte, NC based company.

April 18, 2007

dBusinessNews

THE PRAKAS GROUP, INC. AWARDED EXCLUSIVE REPRESENTATION

South Florida -

BOCA RATON, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has been awarded exclusive representation by Hurricane Brand Holdings, LLC, a Stuart, Florida based company, and by area developer Alex Karas, to broker 30+ future South Florida Hurricane Grill & Wings sites.

The Prakas Group, Inc. will exclusively cover Miami-Dade, Broward and Palm Beach counties. Nationally, the company is planning to open 100 additional Hurricane Grill & Wings sites. Restaurant sites will occupy inline, outparcel or endcap spaces of 1,200 to 1,800 SF.  Randy O'Donnell and Mike Bilton of The Prakas Group, Inc. are exclusive brokers representing Hurricane Grill & Wings.

March 15, 2007

Today's Restaurant News

What's Going On

 Athan "Tom" Prakas, president/ broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and ties, has announed the completion of two sales in recent activity in Palm Beach County.

Febrary 12, 2007

Palm Beach Post

Prakas Group - Two Storefront Delray deals

Tom Prakas of The Prakas Group Inc. is smack in the middle of f'two storefront Delray deals hot enough to sizzle a sidewalk.

Faison & Associates sold 1,923 square feet at 250-258 E. Atlantic Ave. for $520 per square foot to an art dealer; 8,833 square feet at 270 and 290 E. Atlantic Ave. went for an only slightly less breathtaking $475 per square foot.

March 2007

The Monday Morning Line

Firm to recruit staff in surging eatery market

March 25, 2007

Boca Raton News

Prakas Group of Boca closes deal on Hollywood grille

FROM STAFF REPORTS Athan "Tom" Prakas, president/broker   of   The   Prakas Group, Inc., a Boca Raton-based real estate brokerage specializing in commercial transactions, restaurants   and   hospitality properties, has announced the completion of a sale in recent activity in Broward County.

March 14, 2007

dBusinessNews

The Prakas Group, Inc. Expands with New Recruitment Division

BOCA RATON AND ORLANDO, FL – Athan “Tom” Prakas , president/broker of The Prakas Group, Inc., a full service real estate brokerage firm with offices in Boca Raton, FL and Orlando, FL specializing in commercial transactions, restaurants and hospitality properties, has expanded with the addition of a new personnel recruitment arm for the restaurant, food service, and hospitality industries.

The division, called Restaurant Placement Group (“RPG”), will help place restaurant professionals, including chefs, managers, and corporate personnel in the restaurant and hospitality field. RPG represents restaurants and related organizations (hotels, country clubs, assisted living facilities, etc.) seeking to fill key positions. RPG also assists restaurant industry professionals to help explore new career opportunities. Tom Prakas comments, “The recruitment company adds another dimension to The Prakas Group, and helps us continue toward a goal of providing full service to the restaurant and hospitality industry.”

January 01, 2007

dBusinessNews

The Prakas Group, Inc. Brokers Sale of Pinapple Grille

DELRAY BEACH, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a sale in recent activity in Palm Beach County.

Mr. Yanni Agelopoulos, vice president of commercial real estate, was broker for the following sale transaction:

*Gurpal Singh has purchased Pineapple Grille, a 4,000 SF restaurant at 800 Palm Trail, Delray Beach, FL. Pineapple Grille, a casual restaurant featuring Caribbean-infused cuisine, has been in operation at the present location for thirteen years.  Mr. Agelopolous was exclusive broker in the transaction, representing the buyer as well as the seller, Charlie Tobias. The restaurant is presently undergoing renovations and seats 155 guests. "Pineapple Grille has been -- and will continue to be -- a popular destination for diners seeking a unique dining experience in Delray Beach," stated Tom Prakas.

January 15, 2007

Nation's Restaurant News

Investing with the stars: Celebrity backing brings cachet, challenges

Paparazzi cameras will no doubt be flashing when Danny DeVito throws open the doors of his new Italian chophouse in Miami Beach, Fla.

DeVito, who achieved recent notoriety for his limoncello-fueled appearance on ABC's "The View" after a night of drinking with fel­low actor George Clooney, is scheduled to open the swanky DeVito South Beach with restau­rateur David Manero in Feb­ruary, joining a growing number of movie, music and sports celebrities putting their invest­ment dollars into restaurants. As DeVito South Beach investor Michael Brauser of Boca Raton, Fla., told the Palm Beach Post recently: "He likes to have fun, which is what happens in a restaurant. But his name still carries a great image, and people love 'clean' celebrities."

But for all of the panache a celebrity can bring to an operation, the trend of partnering with luminaries can be a double-edged steak knife, where egos and reputations can sometimes get in the way.

January 02, 2007

CoStar Group

Faison Sells High-End Retail Space in Delray Beach

Faison Sells High-End Retail Space in Delray Beach

1/8/07

dBusiness News.com

THE PRAKAS GROUP, INC. CLOSES TWO SALES IN PALM BEACH COUNTY COMMERCIAL ACTIVITY; OLYMPIA CAFE AND JOHN BULL ENGLISH PUB

South Florida 

PALM BEACH GARDENS & WEST PALM BEACH, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of two sales in recent activity in Palm Beach County.

11/17/2006

South Florida - The Business Journal

Downtown Delray Holdings LLC Has Bought a 1,923 ft Showroom a 250 E. Atlantic Ave.

The Prakas Group real estate brokerage said Downtown Delray Holdings LLC, also known as American Royal Arts Corp., has bought a 1,923-square-foot retail showroom at 250 E. Atlantic Ave., in Delray Beach. The animation and entertainment fine art publisher also has a location on Las Olas Boulevard, in Fort Lauderdale.

September 11, 2006

South Florida - The Business Journal

La Vieille Maison home gets new owner

 The former home of a French restaurant in Boca Raton, has sold for $3.1 million.

The Prakas Group real estate brokerage said Talbott Realty bought the 6,7OO-square-foot building on 36,000 square feet of land at 770 E. Palmetto Park Road, in Boca Raton.

The 12O-seat La Vieille Maison restaurant had been there for 30 years. Prakas

November 6, 2006

dBusiness News.com

THE PRAKAS GROUP, INC. CLOSES LEASE FOR TAVERNA OPA RESTAURANT IN CITY PLACE, WEST PALM BEACH

 South Florida -

WEST PALM BEACH, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a lease in recent activity.

October 10, 2006

Boca News

Boca Raton-based Prakas Group adds new VP at Orlando office

Boca Raton, has announced the appointment of Maria A. Bonomo as vice president in the company's restaurant/hospitali­ty division for the newly estab­lished Orlando office.

Bonomo will focus on site selection and brokerage of exclusive restaurant business­es, commercial restaurant properties and all entertain­ment properties in the Orlando area. The Prakas Group, Inc. recently expanded the company beyond its Boca Raton head­quarters with an office in Orlando.

August 24, 2006

dBusiness News.com

THE PRAKAS GROUP, Inc. SELECTED AS EXCLUSIVE BROKER FOR he Shoppes @ Nu River Landing

 FORT LAUDERDALE, PL - Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service commercial real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced that the firm has been selected by developer Jeffrey Lax as exclusive broker to represent The Shoppes (3). Nu River Landmg._ Tlw Shoppes @ Nit River Landing is the commercial component of the newly constructed Nu River Landing Condominium complex located at 511 SB 5^th Ave, in downtown Fort Lauderdale. Mr. Prakas and Commercial Specialist Alan Macaulay have the exclusive listing for sales and leasing,

September 19, 2006

Boca News

Developer Talbott purchases former Vieille Maison in Boca

 Athan "Tom" Prakas, president/broker of he Prakas Group Inc., has announced the ompletion of the sale of one of Boca laton's most notable restaurants. Prakas and John Douglas, vice president, eal estate investments and business acqui-itions, were exclusive brokers to Talbott lealty, Inc.'s purchase of the 6,700 square jot building on 36,000 square feet of land jcated at 770 East Palmetto Park Road, tie former home of La Vieille Maison, Boca baton's most famous French restaurant and ve-star destination for 30 years. The eslaurant recently closed. Prakas and Douglas were exclusive bro-ers representing the buyer as well as the eller, Leonce Picot, The restaurant can ccommodate 120 guests. The sale is val-edat $3.1 million.

September 2006

Sun Sentinel

La Vielle Maison

 Prakas Group said it served as broker for the sale of a Boca Raton landmark, the French restaurant La Vielle Maison, to Tal-bott Realty Inc It valued the sale at $3.1 million. In August, Prakas arranged the lease on a Parkland location for Bluefin Sushi & Thai Grill, which continues to operate at its original Yamato Road location in Boca Raton.

September 11, 2006

South Florida - The Business Journal

La Vieille Maison home gets new owner

 The former home of a French restaurant in Boca Raton, has sold for $3.1 million.

The Prakas Group real estate brokerage said Talbott Realty bought the 6,7OO-square-foot building on 36,000 square feet of land at 770 E. Palmetto Park Road, in Boca Raton.

The 12O-seat La Vieille Maison restaurant had been there for 30 years. Prakas

September 2006

Newspaper

Q&A with the Prakas Group, Inc.

Q&A with the Prakas Group, Inc.

With Randy O'Donnell, Franchise & Restaurant Sale Specialist

Q: What kind of impact has the influx of northerners and senior citi­zens had on restaurant franchise open­ings?

A: As a whole, the influx of north­erners and senior citizens has had a tremendous impact on franchise restaurant openings, as a loyal contri­bution to the customer base as well as to the labor force. Separately, they have influenced the diversity of food categories traditionally associated with South Florida as well as having an impact on restaurant marketing programs.

4/18/2007

dBusiness News.com

THE PRAKAS GROUP, INC. EXCLUSIVE BROKER FOR BLUEFIN SUSHI AND THAI GRILL LEASE IN PARKLAND; SECOND BLUEFIN TRANSACTION BY THE FIRM

BOCA RATON, FL - Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a lease in recent activity.

August 2006

Daily Business Review

Starved for sites

Development pressures make suitable locations hard to find for restaurateurs hungry for area market