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GlobeSt.com EXCLUSIVE: Restaurant-Club Broker Riding High

BOCA RATON, FL-Two-year-old Prakas Group Inc. tells GlobeSt.com it is closing 10 deals every two weeks and has booked $30 million in total gross sales through August, up from $24 million for all of 2000.

By David R. Corder | Updated on September 05, 2001

BOCA RATON, FL-One common thread ties together the pool of commercial real estate investors that Athan “Tom” Prakas represents in South Florida.

“With what is happening in the stock market, people are getting back to the basics,” says the founding president of Prakas Group Inc., a boutique commercial real estate services firm based in Boca Raton that specializes in restaurants, nightclubs and other commercial properties.

“They don’t want to gamble on risky deals,” Prakas tells GlobeSt.com. “They’re saying, ‘Find me a prime location,’ whether that’s a strip center, office building, restaurant or nightclub. We just happen to be in the right market at the right place at the right time.”

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