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Berger Commercial Realty/TCN Worldwide Appointed as Exclusive Leasing Agent for Two Broward County Office Properties

April 17th, 2015

Exclusive listings

Owned by SF Partners Mortgage, the buildings offer more than 125,000 rentable square-feet of premier office space combined

FORT LAUDERDALE, Fla. (April 13, 2015) – Berger Commercial Realty/TCN Worldwide, a full service commercial real estate firm, has acquired two new exclusive lease listings in Broward County. Brokers Joseph Byrnes, Keith Graves and Jonathan Thiel are representing Miami-based landlord SF Partners Mortgage, LLC in the marketing and leasing of both properties.

One of the properties, located in the affluent east-side market of Fort Lauderdale at 2425 E. Commercial Blvd., is a four-story boutique office building with 23,339 square-feet of rentable space. The area surrounding the building features a high-end residential base and a vibrant business community with area professionals and service firms.

The other property, located at 4300 N. University Drive in Lauderhill, is a two-story, multi-building professional campus with 102,120 square-feet of rentable space. Strategically located along the University Drive corridor, the property offers flexible floor plans, attractive lease rates, and around-the-clock access.

“We are delighted to work with SF Partners Mortgage,” said Graves of the significant new contract. “Our goal is to further re-position each property within their respective submarkets. With responsible local ownership and ongoing renovations, both properties offer outstanding value for future tenants.”

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

Berger Commercial Realty Honors Steve Hyatt as 2014 Broker of the Year

April 12th, 2015

steve hyatt web

FORT LAUDERDALE, Fla. – Berger Commercial Realty, a regional, full-service commercial real estate firm, is pleased to announce that Senior Vice President Steve Hyatt has been named the firm’s Broker of the Year for 2014.

Hyatt closed more than $21.4 million worth of transactions last year, totaling more than 219,228 square feet across a range of commercial real estate sectors including office, retail, industrial and multi-family.

Notable deals that Hyatt closed in 2014 include the $4.5 million sale of a highly sought-after South Beach retail property and the $2 million sale of a 24,000-square-foot office building in Fort Lauderdale for the AIDS Healthcare Foundation; the $3.65 million purchase of a Fort Lauderdale site that will house the sales department of a MINI Cooper car dealership for Holman Automotive Group; and the 47,000-square-foot lease of flex space at 1700 Eller Drive in Hollywood for Enterprise Rent-A-Car, which is utilizing the property for administrative offices, supplementary off-airport parking and as a maintenance facility.

Hyatt’s focus areas include investment sales, land brokerage, and acquisition/disposition services for both corporate clients and private investors. A native of South Florida, Hyatt has more than 30 years of experience in commercial real estate and has executive-level contacts in the real estate, banking and automotive industries.

His experience includes the acquisition and disposition of more than 175 automobile dealerships in 17 states on behalf of AutoNation, Inc., a NYSE and Fortune 500 retailer. Utilizing his automotive background and expertise, Hyatt has worked with numerous automotive retailers and manufacturers across the country to meet their real estate needs. In addition to Holman Automotive Group, he also has represented Audi Fort Lauderdale, Audi Coral Springs and the Phil Smith Automotive Group, as well as several national automotive clients.

A multi-year recipient of the CoStar Power Broker awards, Hyatt is a member and past board member of the South Florida Chapter of NAIOP, a member of Leadership Broward Class XIII, and a past board member of the Community Foundation of Broward and the Jack & Jill Children’s Center. Hyatt is a graduate of Wake Forest University in Winston-Salem, North Carolina and is a member of the school’s National Alumni Council. He is a resident of Fort Lauderdale.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

Berger Commercial Realty Celebrates 15 Years of Service From Three Dedicated Team Members

April 7th, 2015
 

Lisa-Tom -Willie

Berger Commercial Realty would not be the organization it is today if weren’t for our dedicated and hard-working team members. We are pleased to announce that three individuals are celebrating their 15th anniversary with our organization. This is especially noteworthy as we approach our 18th anniversary! Lisa Bloom, Tom Freymuth, and Willie Swan have been a part of the Berger family from the start. We would like to sincerely thank these three talented individuals for their commitment to Berger Commercial Realty and extend our heartfelt congratulations on 15 years of accomplishments at our firm.

As a property controller with our company, Lisa Bloom is responsible for a variety of accounting and bookkeeping duties that require a great deal of meticulousness to adhere to established policies and procedures. As the liaison between ownership and respective accounting professionals, she is responsible for multiple financial tasks, including forecasting yearly budgets and monthly cash requirements, generating monthly financial and tenant statements, overseeing receivable write-offs and payment reversals, calculating weekly bank balances, and much more. Lisa graduated from Nova Southeastern University in 1993 with a degree in accounting and later worked for Extended Stay America before joining the firm. She is undoubtedly an essential asset to Berger Commercial Realty and her hard work has been crucial to the functionality of our organization for the past fifteen years. Her sharp mind and aptitude for finance does not go unnoticed and we thank her for her many years of service.

Tom Freymuth also has been a key member of the Berger Commercial Realty team for the past 15 years. As a facility supervisor, he is responsible for the repairs and maintenance of several buildings and acts as the primary contact for any issues that might arise, including climate control, odors, smoke, spills, damage, emergencies, and repairs. Furthermore, Tom acts as a project coordinator for new construction, working closely with outside vendors and monitoring contractor performance to ensure project work is completed according to specifications, and he also assists the firm’s property management team in preparing annual operating budgets. His dedication to his job is evidenced by the fact that he responds immediately to emergencies on a 24-hour basis, allowing us to ensure building security for our clients. His high standards for building upkeep are evident in his commitment to diligently maintaining all aspects of the structures we manage. Our entire team commends Tom and thanks him for the multiple roles he plays within our organization. We are truly lucky to have him on our team.

With the numerous buildings we manage across the tri-county area, property care is vital. Willie Swan has proved his steadfastness in this area during the fifteen years he has worked at Berger Commercial Realty. Willie is an extraordinary maintenance technician, having consistently demonstrated his skills in repairs, pressure cleaning, painting, electrical work, plumbing, carpentry, and metal work. His record for maintaining each property by performing regular suite cleanings and inspections is impeccable. Willie takes pride in the work that he does and thanks to his dedication, the properties he maintains are immaculate and exceptionally operated for our tenants. Berger Commercial Realty is fortunate to have team member as dedicated as Willie with his incredible take-charge and follow-through attitude.

Since our establishment in 1998, our company has grown tremendously and has become one of South Florida’s premier commercial real estate firms. We currently lease and manage more than 7.2 million square-feet of space across 62 buildings in the tri-county area and have expanded to three offices across South Florida. These three individuals are representative of the many talented team members we have here at Berger Commercial Realty. We wholeheartedly thank them for their many years of service as indispensable members of the Berger Commercial Realty family and congratulate them on achieving this remarkable milestone. Happy 15th anniversary, Lisa, Tom, and Willie!

Berger Commercial Realty Adds New Senior Property Manager

March 23rd, 2015

Joe Ragonese

Joseph Ragonese joins firm’s Palm Beach County team

FORT LAUDERDALE, Fla. – Berger Commercial Realty has announced that Jupiter resident Joseph Ragonese has joined the firm as a senior property manager. He will be responsible for overseeing the firm’s property management assignments in Palm Beach County, including a 280,000-square-foot portfolio awarded in September.

“An experienced property manager with strong knowledge of building operations, we look forward to having Joe lead our Palm Beach County management team as we grow our presence in the area,” said Lloyd Berger, founder and president of Berger Commercial Realty, a regional commercial real estate firm with offices across South Florida, including a new office in Palm Beach County that opened last fall.

Having started his career in Fairfield, Conn., Ragonese has more than 20 years of experience in the real estate industry across multiple sectors including property management, portfolio management, real estate consulting, and building maintenance engineering. Prior to joining the firm, he held the position of director of building maintenance engineering for Rendina Healthcare Real Estate in Jupiter.

Ragonese holds bachelor’s and master’s degrees in finance from Sacred Heart University in Connecticut and has earned the designations of Certified Commercial Investment Member (CCIM), Real Property Administrator (RPA), and LEED Green Associate.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. Consistently ranked among South Florida’s top real estate firms, Berger Commercial Realty currently leases and manages more than 7.2 million square-feet of space across 62 buildings in the tri-county area. For more information, visit bergercommercial.com.

Steve Hyatt of Berger Commercial Realty Negotiates Sale of Fort Lauderdale Prime Downtown Parcel for $1.9 Million

March 23rd, 2015

CBSA Law Plaza Vacant Lot

 

FORT LAUDERDALE, Fla. – Senior Vice President Steve Hyatt of Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale, announced the sale of a prime downtown Fort Lauderdale parcel for $1.925 million.

Hyatt represented CBSA Law Plaza, LLC in selling the .87-acre parking lot to the AIDS Healthcare Foundation. Located at 409 S.E. 8th St., the parking lot is adjacent to a four-story office building that was purchased for $4.9 million from CBSA Law Plaza in 2013 by AIDS Healthcare Foundation subsidiary AHF MCO of Florida. The land will be used for overflow parking and held for future development.

This is the fourth transaction Hyatt has completed in the past two years with the
AIDS Healthcare Foundation, the largest provider of HIV/AIDS medical care in the United States. The Los Angeles-based non-profit organization provides global medical care and support to more than 350,000 patients in 36 countries.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

Berger Commercial Realty Broker Steve Hyatt Closes $22.1 Million Deal

March 5th, 2015

art institute

Former Ocean world site in Fort Lauderdale slated for eight-story apartment complex

FORT LAUDERDALE, Fla. (March 5, 2015) – Berger Commercial Realty, a regional, full service commercial real estate firm, announced that Senior Vice President Steve Hyatt represented Alliance Residential Company in the $22.1 million purchase of 4.26 acres of land, located at 1701 S.E. 17th St., from Art Institute Investments, LLC. The property is the former site of Ocean World, a marine park and tourist attraction that closed in 1994.

Alliance plans to develop a 394-unit apartment complex, named Broadstone Harbor Beach, on the site. Plans for the complex include eight stories of apartment units; high-end amenities such as a club room, pool, putting green and a state-of-the-art fitness center; 2,700 square-feet of retail space; and a 4,600-square-foot retail outparcel.

Headquartered in Phoenix with a regional office in Boca Raton, Alliance is one of the largest private multi-family development companies in the United States, purchasing real estate, developing projects and managing properties in 19 states and 29 metropolitan markets throughout the country.

“This deal was two-and-half years in the making,” Hyatt said. “Ocean World was an old Fort Lauderdale attraction and this land has a storied history. I can still remember going to the aquarium’s dolphin show on a school field trip.”

He added, “Near the beach, shops, restaurants and more, this site is the perfect location for the Broadstone Harbor Beach apartment project that Alliance has planned.”

Hyatt has more than 30 years of real estate experience in the South Florida market. His focus areas include investment sales, land brokerage, and acquisition / disposition services for both corporate clients and private investors, including expertise in the automotive sector.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

2015 Humane Society Walk for the Animals Was a Success!

March 3rd, 2015

animals

This Saturday the Berger Commercial Team participated in the Humane Society of Broward County Walk for the Animals at Huizenga Park. As a team we raised $2345.00!

The mission of the Humane Society is to provide shelter, aid and responsible adoptions to animals entrusted to their care, and educate the community about respect and kindness to all animals. If you would like to learn more about the Humane Society of Broward County you can visit their website here. http://humanebroward.com/

If you would like to see a Full Album of photos from the event, you cam visit us on our Facebook page here: https://www.facebook.com/BergerCommercialRealtyCorp

 

Berger Commercial Realty Broker Keith Graves Closes $2.9 Million Sale of Hollywood Office Building

February 23rd, 2015

h3

FORT LAUDERDALE, Fla. (February 23, 2015) – Berger Commercial Realty, a regional, full service commercial real estate firm, announced that broker Keith Graves closed the $2,950,000 sale of an office building, located at 2500 Hollywood Blvd. in Hollywood, for Weil Corp.

DST Investments, LLC, represented by King Real Estate, purchased the four-story, 27,041-square-foot building as an investment. Built in 1976, the class B building was 79 percent occupied with many long-term tenants at the time of sale.

“With in-place cash flow, this boutique professional office building was particularly attractive to investors seeking to establish or expand commercial real estate portfolios in South Florida,” Graves said.

Strategically located near Hollywood’s central business and arts and entertainment districts, as well as local governmental offices, banks and major roadways, the building will continue to be used as office space.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

Berger Commercial Realty Brokers Represent Zachry Industrial in Land Lease from Town of Davie and IDI Gazeley

February 12th, 2015

power plant

FORT LAUDERDALE, Fla. (February 12, 2014)- Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced a new land lease closed by its brokers.

Berger Commercial Realty Vice President Joseph Byrnes and Sales Associate Jonathan Thiel represented tenant Zachry Industrial, Inc. in the new lease of 20 acres of land for a laydown yard from IDI Gazeley and the Town of Davie. The land is located at The Davie Business Center at 3300 Davie Road.

The laydown yard was leased by Zachry Industrial, Inc. in connection to their contract with Florida Power & Light to build the new Port Everglades Power Plant.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

 

Berger Commercial Realty Broker Steve Hyatt Closes $2.4 Million Purchase

January 21st, 2015

tplus

Retail building located in Sunrise is triple-net leased by Tires Plus

FORT LAUDERDALE, Fla. (January 21, 2015) – Berger Commercial Realty Senior Vice President Steve Hyatt recently represented the Village Shoppes at LHP, LLC in purchasing a 5,128-square-foot retail building in Sunrise from Heyward Family Business, L.P. for more than $2.4 million.

Located at 2625 North University Drive, the building has been triple-net leased by Tires Plus, a subsidiary of Bridgestone, since it was built in 2000.

Prior to joining Berger Commercial Realty in 2008, Hyatt served for 12 years as Vice President of Corporate Development at AutoNation, where he was responsible for the acquisition and disposition of more than 175 automobile dealerships in 17 states. Using his automotive background and expertise, Hyatt has worked with numerous automotive retailers and manufacturers across the country to meet their real estate needs, including Holman Automotive, Audi Fort Lauderdale, Audi Coral Springs and the Phil Smith Automotive Group.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.