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Berger Commercial Realty Vice President Steve Hyatt Closes 47,000-Square-Foot Lease For Enterprise Leasing Company in Fort Lauderdale

September 16th, 2014

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FORT LAUDERDALE, Fla. (September 16, 2014)–Berger Commercial Realty Senior Vice President Steve Hyatt represented tenant Enterprise Leasing Company of Florida, LLC in the new long-term lease of 47,000 square-feet of flex space from Eller Drive Properties Inc. Located at 1700 Eller Drive in Hollywood, the building includes office and industrial space.

The property is strategically located near Port Everglades and Fort Lauderdale/Hollywood International Airport with easy access to highways and major roadways, including I-95, I-595, the Florida Turnpike, and Federal Highway.

With the recent expansion of Fort Lauderdale/Hollywood International Airport and the anticipated increase in tourism, Enterprise will use the property for administrative offices in addition to supplementary off-airport parking and as a maintenance facility.

This deal is the second major long-term tenant Hyatt has represented at this property.  In the late 1980’s, he leased the entire building to Crowley Maritime Corporation for its main Port Everglades operations center.

 

About Berger Commercial Realty

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm. A regional, independent and privately-owned firm, its services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. For more information, visit bergercommercial.com.

Berger Commercial Realty Welcomes Three New Team Members

September 8th, 2014

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(From left to right: Wendy Collins, Diana Mancipe, Roxanna Collins)

FORT LAUDERDALE, Fla. (September 8, 2014)– Regional, full-service commercial real estate firm Berger Commercial Realty announced it has added three new employees to its staff.

 

Wendy Collins

A licensed Florida community association manager, Wendy Collins has been hired as a property manager. She will be responsible for managing office, retail, industrial and investment properties in the tri-county area, including budgeting, tenant relations, vendor management, lease administration, insurance compliance, preventative maintenance, property value enhancement and portfolio growth. An alumna of University of Missouri and Fontbonne University in Missouri, she has more than nine years of experience and previously served a property manager for Brenner Real Estate Group.

Diana Mancipe

Diana Mancipe joins Berger Commercial Realty as a property manager. She will be managing the day-to-day operations of 1.7 million square-feet of warehouse space at 12 properties throughout Miami-Dade County. The properties are part of a 4.7 million square-foot industrial portfolio owned by Pennsylvania-based Seagis Property Group and managed by Berger Commercial Realty. Mancipe’s responsibilities include tenant and vendor relations, annual budgeting and monthly financial analyses, periodic property inspections and maintenance, and enhancing the portfolio’s performance. She is certified in property management by the Institute of Real Estate Management and certified in Realtor and commercial inspections by Gold Coast Schools. Mancipe has more than 10 years of real estate experience and previously served as a property manager at Espacio USA, Inc. in Miami. She received her bachelor’s degree in marketing and business administration from Universidad Tecnológica Centroamericana (UNITEC) in Honduras.

Roxanna Collins

Roxana Collins joins the firm as a broker associate. Her responsibilities include the leasing and sales of office, retail and investment properties in the Southeast. She is a member of the International Council of Shopping Centers, the Florida Real Estate Board, the National Association of Professional Women and the Building Owners and Managers Association, which has certified her as a real property administrator. Collins has more than 30 years of real estate experience and previously served as a regional asset manager at Brenner Real Estate Group. She received her associate’s degree in business administration and computer programming from Rose State College in Oklahoma City.

About Berger Commercial Realty

Ranked among the largest commercial  real estate firms in South Florida, Berger Commercial Realty provides comprehensive, cost-effective property management and brokerage services to both institutional and non-institutional owners. For more information, visit bergercommercial.com.

We’re Looking for Sharp, Talented and Self-Motivated Individuals to Join Our Team!

August 5th, 2014

Berger Commercial Realty Arranges $4 Million Sale and Purchase of 17th Street Causeway Office Building

July 31st, 2014

Resolve Marine Group to occupy building; formerly an Ardell Yacht & Ship Brokers office

FORT LAUDERDALE, Fla. (July 31, 2014) – Berger Commercial Realty announced the $4 million sale of an 11,709-square-foot office building located at 1550 S.E. 17th St. in Fort Lauderdale. The building was sold by Ardell Marina, Inc. to Fifteen-Fifty Southeast Seventeenth, LLC.

Berger Commercial Realty Senior Vice President St. George Guardabassi and broker Keith Graves represented Ardell Marina, Inc. Vice President Judy Dolan represented the buyer.

A division of Resolve Marine Group plans to occupy a portion of the building, which formerly served as an office of Ardell Yacht & Ship Brokers. Ardell’s new Fort Lauderdale office is located at the Bahia Mar Yachting Center, 801 Seabreeze Blvd.

Headquartered in Fort Lauderdale, Resolve Marine Group is a leading marine services organization that provides salvage, emergency response, training, naval architecture, marine engineering and many other services to the global maritime industry. Its divisions include Resolve Salvage & Fire; Resolve Marine Services; Resolve Maritime Academy, and the Resolve Engineering Group. One of the company’s tug boats, the AHT MV Resolve Earl, was the lead vessel towing the Costa Concordia ship wreck in Italy from Giglio Island to Genoa earlier this month.

About Berger Commercial Realty

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm.  A regional, independent and privately-owned firm, services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. For more information, visit bergercommercial.com.

Berger Commercial Realty Arranges Lease for New Youfit Health Club to Open at Lauderdale Marketplace

July 10th, 2014

Broker Joseph Byrnes also closes four other new retail leases at complex

FORT LAUDERDALE, Fla. (July 10, 2014)- Berger Commercial Realty Vice President Joseph Byrnes recently represented  Lauderdale Marketplace Investments in five new retail leases at its office and retail complex in Lauderdale Lakes, including a 10-year, 14,285-square-foot lease to Youfit Health Clubs, a rapidly expanding chain of health centers nationwide.

The St. Petersburg, Fla.-headquartered company will offer low-cost, month-to-month memberships at its newest facility, located at 3708 W. Oakland Park Blvd. In addition to several other South Florida locations, Youfit also has facilities across the state and in Georgia, Arizona and California.

Other leases included:

  • 2,900 square-feet of space at 3674 and 3676 W. Oakland Park Blvd. to Chinaman Photo;
  • 1,737 square-feet of space at 3784 W. Oakland Park Blvd. to Moon 64, Inc.;
  • 1,400 square-feet of space at 3762  W. Oakland Park Blvd. to TriStar Marketing Associates, LLC;
  • and 1,200 square-feet of space at 3684 W. Oakland Park Blvd. to  World Famous, Inc.

For more information about leasing and custom build-outs at Lauderdale Marketplace, contact Berger Commercial Realty at 954-358-0900.

 About Berger Commercial Realty:  

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm. A regional, independent and privately-owned firm, its services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. For more information, visit bergercommercial.com.

St. Petersburg Apartment Property Sells for $1.325 Million

June 17th, 2014

Berger Commercial Realty Broker Judy Dolan Handles Sales Transaction

FORT LAUDERDALE, Fla. (June 17, 2014) - Berger Commercial Realty, a regional full service real estate firm, announced today the sale of a 32-unit, multi-family property in St. Petersburg.

Berger Commercial Realty broker Judy Dolan represented JP Morgan Chase Bank N.A. in the sale of Lakeside Apartments to Park View Resort, Inc. for $1.325 million. The sale was an all-cash deal.

Located at 3855 9th Ave. North and 917 39th St. North in St. Petersburg, the property consists of 32 units in two buildings and a laundry room.

About Berger Commercial Realty

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm.  A regional, independent and privately-owned firm, Berger customizes services and adapts to clients’ needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. For more information, visit bergercommercial.com.

Berger Commercial Realty Brokers Close Lease for 7,000 Square Feet of Flex Space at Eastport Center in Fort Lauderdale

June 9th, 2014

FORT LAUDERDALE, Fla. (June 9, 2014) – Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced a new lease transaction from brokers Judy Dolan and St. George Guardabassi.

 The brokerage team represented landlord Eastport Center Joint Venture in leasing more than 7,125 square feet of flex space in bay 101 to new tenant Tri-Northern Distribution, Inc., North America’s largest independent distributor of electronic security products. Tri-Northern Distribution, Inc. was represented by Julie Miller of Cushman Wakefield in the transaction.

 Located at 1881 W. State Road 84 in Fort Lauderdale, the 108,500-square-foot Eastport Center offers state-of-the-art flex, warehouse and showroom space featuring high ceilings, all-glass store front facades, dock and street-level loading, and customized improvements to meet tenants’ needs. The complex is strategically located in the tri-county area near Fort Lauderdale International Airport and Port Everglades with easy access to highways and major roadways, including I-95, I-595, the Florida Turnpike, State Road 7 and Federal Highway.

 For more information on available space and custom build-outs at the Eastport Center, contact Berger Commercial Realty at 954-358-0900.

 

About Berger Commercial Realty

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients’ needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company has established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. For more information, visit bergercommercial.com.

Berger Commercial Realty Leases More Than 30,000 Square Feet of Space for Principal Life Insurance

May 27th, 2014

Brokers Judy Dolan and Greg Milopoulos negotiated 15 industrial lease deals at two South Florida properties

FORT LAUDERDALE, Fla. (May 27, 2014) – Berger Commercial Realty brokers Judy Dolan and Greg Milopoulos recently represented Principal Life Insurance Company in leasing space to 15 businesses at two of the company’s properties over the past month.

 The brokerage team closed eight industrial leases at Lyons Technology Park IV in Coconut Creek and seven lease deals for warehouse space at the Mangonia Business Park in the Town of Mangonia Park near West Palm Beach.

 Lyons Technology Park IV

Located at 4811-4911 Lyons Technology Parkway, just north of the Sawgrass Expressway’s Lyons Road exit, Lyons Technology Park IV is Class A business park featuring move-in ready suites, drive-in bays, 18-foot ceiling heights, hurricane-impact glass, and ample car and truck parking. Dolan and Milopoulos represented Principal Life Insurance Company in:

  • the new lease of 6,248 square feet of space in suites one and 16 to PEC North America Inc.;
  • the lease renewal of 3,124 square feet of space in suites three and four to Creek Fitness LLC;
  • the new lease of 1,562 square feet of space in suite 22 to Fisher Capital Management, Inc.;
  • the lease renewal of 1,562 square feet of space in suite six to Butters Construction & Development Inc.;
  • the new lease of 1,562 square feet of space in suite 23 to OMG Miami Swimwear LLC;
  • the lease renewal of 1,562 square feet of space in suite 18 to Hire Authority Construction Inc.;
  • the new lease of 1,562 square feet of space in suite 20 to DLAB Capital, Inc., doing business as Junk King;
  • and the lease renewal of 1,562 square feet of space in suite four to Bead Brite LLC.

Mangonia Business Park

Located at 4711 N. Australian Ave., Mangonia Business Park features bays ranging in size from 1,532 square feet to 6,128 square feet and offers tenants easy access to I-95, ample parking, hurricane-impact glass, and 18-foot clear height ceilings. Dolan and Milopoulos brokered deals with:

 

  • ProGreen Services, LLC for a new lease of 3,064 square feet of space in suites 25 and 26;
  • Deloreto Interiors, Inc. for a lease renewal of 1,562 square of space in suite three;
  • Yacht Repairs and Maintenance LLC for a new lease of 1,532 square feet of space in suite 22;
  • Safari International Trading Corp. for a lease renewal of 1,532 square feet of space in suite one;
  • Richter Automotive, LLC for a lease renewal of 1,532 square feet of space in suite 14;
  • USA Distributor, Inc. for a new lease of 1,532 square feet of space in suite 12;
  • and Michael Roebuck for a new lease of 1,532 square feet of space in suite 5.

For more information about leasing at Mangonia Business Park or Lyons Technology Park IV, contact Berger Commercial Realty at 954-358-0900.

 

About Berger Commercial Realty

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm. A regional, independent and privately-owned firm, services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. For more information, visit bergercommercial.com.

Berger Commercial Realty Honored by Industry Leader CoStar as a Top Leasing and Sales Firm in Broward County

May 5th, 2014

FORT LAUDERDALE, Fla. (May 5, 2014) – Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale, announced it has earned two CoStar Power Broker Awards as a Top Leasing Firm in Broward County and as a Top Sales Firm in Broward County for the firm’s volume of sales and leasing transactions in 2013. It is the seventh time the firm has won the annual awards.

 Additionally, Berger Commercial Vice President Joseph Byrnes and Berger Commercial Principal Keith Graves won CoStar Power Broker Awards as  Top Leasing Brokers.

 CoStar annually tallies commercial real estate sales and lease transactions to determine the winners of the prestigious CoStar Power Broker Awards, presented to firms and brokers who closed the highest transaction volume in commercial property sales and leases in their respective markets.

 “As the largest provider of information and analytics for the commercial real estate industry, CoStar is uniquely qualified to rank and recognize the most active firms and individual dealmakers in the South Florida region,” said Berger Commercial Realty President Lloyd Berger. “We saw a great deal of activity in 2013 and these CoStar awards reflect that.”

 This is the eighth year Byrnes has received a CoStar Power Broker Award. A leasing specialist who represents more than 800,000 square feet of office, industrial and retail space, Byrnes is a member of the Broward Economic Development Board and a past member of the Commercial Industrial Real Estate Broker Association, for which he served as president from 2005 through 2010.

 This is the second consecutive year that Graves has received a CoStar Power Broker Award. He has more than 25 years of experience in South Florida’s commercial real estate market and a long history of transactions including industrial, office, land and retail. Graves holds a Professional Designation of Real Property Administrator (RPA) from BOMI International and is a member of NAIOP’s South Florida Chapter and the Realtors Commercial Alliance of Miami.

 

Both Byrnes and Graves have received Certified Commercial Investment Member (CCIM) designations from the CCIM Institute, a leading commercial real estate association that recognizes experts in the commercial and investment real estate industry.

 

About Berger Commercial Realty

Founded in 1998, Berger Commercial Realty is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. For more information, visit bergercommercial.com.

Working With Millennials in Commercial Real Estate

March 31st, 2014

By: Greg Milopoulos and Jonathan Thiel

Much has been said about Millenials, the newest generation of workers born in the 1980s and 1990s, yet we’re often misunderstood. We bring many assets to the workforce and to the commercial real estate industry, and much like other generational shifts that came before us, we’re changing the face of business. Whether we’re representing you in a commercial real estate transaction, or working alongside you at a brokerage or property management firm, here’s what you need to know about working with Millennials.

Work Ethic: Starting our careers during one of the worst recessions in U.S. history has led us to become determined workers willing to prove our worth to employers and clients alike. While studies show that Millennials seek work/life balance and flexibility, we’re also accountable, goal oriented and dedicated to succeeding.

Team Players: We were raised to value group learning and are connected to our peers in ways unimaginable just a generation ago. We seek out opportunities to partner with our colleagues and learn from mentors.  According to a 2013 research study conducted by consulting firm PwC, the University of Southern California and the London Business School, “Millennials place a high priority on workplace culture and desire a work environment that emphasizes teamwork and a sense of community.”

Adaptable: We embrace new experiences and are willing to learn all sides of the business. In the ever-changing world of commercial real estate, we’re able to quickly respond to the market and adopt new skills, tactics and best practices to sell and lease space and help our clients achieve their business objectives.

Motivated: Young commercial real estate brokers are motivated. We’re willing to follow up on every call and every lead, even the long shots. While most senior real estate brokers have already built their book of business, we are eager to acquire new clients and are willing to go the extra mile to secure new opportunities and develop our career.

Creative Thinkers: We bring new ideas and fresh thinking to the table. Known for being critical thinkers who look at situations from all angles, Millennials have boundless imagination. During brainstorming sessions, we’re willing to explore all ideas and not let past experiences hamper new possibilities.

Knack for Marketing: Complementing the range of services and depth of expertise offered by our more senior counterparts, young commercial real estate brokers are able to tap into innate digital skills and utilize the latest technologies available today to aggressively market properties to new audiences.

Colleagues, clients and mentors should take advantage of the synergistic opportunity for success that’s created when the viewpoints of veteran executives are paired with the unique traits of young commercial real estate brokers, who are helping to lead the way into the future for business people of all ages.

Greg Milopoulos is a broker associate at Berger Commercial Realty and has more than seven years of commercial real estate and construction experience. Milopoulos handles industrial and office leasing for the firm and can be reached at 954-358-0900 or GMilopoulos@bergercommercial.com. Jonathan Thiel is a sales associate at Berger Commercial Realty, where he handles leasing and sales of office, retail and industrial properties. He can be reached 954-358-0900 or JThiel@bergercommercial.com.