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Mancini & Sons Florida Hires Berger Commercial Realty to Manage and Lease More Than 220,000 Square-Feet of Flex/Industrial Space in Broward County

October 17th, 2014

FORT LAUDERDALE, Fla. (October 17, 2014) – Real estate development company Mancini & Sons Florida, LLC has retained full-service commercial real estate firm Berger Commercial Realty to manage and lease a portfolio of 220,667 square-feet in Broward County.

Berger Commercial Realty Broker Associate Roxanna Collins and Sales Associate Catalina Garcia are managing leasing for the portfolio, which consists of 11 flex, office and industrial buildings, plus a vacant parcel of land, in Deerfield Beach and Pompano Beach. Berger Commercial Realty Property Manager Wendy Collins will oversee the portfolio’s operations.

The Mancini & Sons portfolio consists of:
• the Enterprise Commerce Center, located at 1801 and 1901 Green Road, 5051 N.W. 13th Ave. and 1500 Powerline Road in Deerfield Beach;
• the Crystal Park, located at 1899 -1941 N.W. 40th Court in Pompano Beach;
• the Maaco Building, located at 1825 Powerline Road in Deerfield Beach;
• and a vacant parcel of land in Deerfield Beach at the northwest corner of Wiles Road and Powerline Road.

Enterprise Commerce Center has 65,145 square-feet of contiguous space available and features high-dock industrial space, 24-foot ceiling heights and dock- level doors. The other properties can accommodate tenants seeking space from 2,000 square-feet to 10,000 square-feet in size.

“We are proud that Mancini & Sons has entrusted these family assets to us,” said Lloyd Berger, founder and president of Berger Commercial Realty. “Built by David Mancini’s father, we recognize that these properties are more meaningful than simple brick-and-mortar buildings, and we look forward to preserving and enhancing the value of this portfolio for the Mancini family today and for generations to come.”

The Mancini portfolio is the third significant property management assignment that Berger Commercial Realty has received in the past 30 days. On Sept. 26, the firm was hired to lease and manage a 280,000-square-foot office portfolio in Palm Beach County after it represented Kendall Properties in purchasing the portfolio for $24 million. On Oct. 1, Weiner hired the firm to manage the Parkway Professional Building in Miramar and the Hollywood Professional Building in Hollywood, an assignment of nearly 70,000 square feet.

Berger Commercial Realty Negotiates $24 Million Purchase of Palm Beach County Portfolio

September 30th, 2014

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Deal leads the commercial real estate firm to open a new office in
Boynton Beach and hire six new employees

FORT LAUDERDALE, Fla. (September 30, 2014) – Berger Commercial Realty announced the opening of a new office in Boynton Beach as a result of a $24 million deal it negotiated for its client, Kendall Properties.

Kendall Properties purchased a 280,000-square-foot office portfolio from LouJA Realty in a deal that closed on Friday, Sept. 26th. The portfolio consists of seven buildings on four different properties in Boynton Beach and Delray Beach.

“Our client recognized that Palm Beach County offers better upside and saw the opportunity this portfolio provided,” said Berger Commercial Realty President and founder Lloyd Berger, who brokered the deal on behalf of Kendall Properties.

Berger Commercial Realty plans to hire six full-time staff members in its Boynton Beach office to manage and lease the buildings in the Kendall Properties portfolio, as well as existing assignments in Palm Beach County. The regional commercial real estate firm also has offices in Fort Lauderdale and Miramar, where its property management team currently oversees 7 million square feet of space throughout the tri-county area.

The Palm Beach County portfolio consists of:
• the Delray Office Park, located at 4723, 4731 and 4733 W. Atlantic Ave. in Delray Beach;
• the Woolbright Corporate Park, located at  1901 and 1903 S. Congress Ave. in Boynton Beach;
• the Gulfstream Professional Building, located at 500 Gulfstream Boulevard in Delray Beach;
• and the Woolbright Professional Building, located 2240 W Woolbright in Boynton Beach.

Berger Commercial Realty Leases 19,000 Square-Feet of Industrial Space at McNab Commercial Center

September 29th, 2014

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FORT LAUDERDALE, Fla. (September 29, 2014)- Berger Commercial Realty Broker Associate Greg Milopoulos recently represented McNab Commercial Center No. 1, LLC in leasing space at the McNab Commercial Center to 13 new tenants.

Located at 7544 W. McNab Road with easy access to the Florida Turnpike and Sawgrass Expressway, the North Lauderdale-based warehouse features ample parking, nine-foot by 12-foot overhead doors, 14-foot clear height ceilings, and an 8-foot by 10-foot office for every 1,000 square-feet of space leased.

The center’s new leases include 4,000 square-feet to SP Fine Custom Cabinetry Inc., 3,000 square-feet to Elite Auto Trade Inc., and 2,000 square-feet to Great Deals Auto Sales Inc. and to Tropical Party Supplies LLC. Other leases included 1,000 square-feet to:

  • All in One Handyman Company LLC;
  • AVI Solutions Inc;
  • Daphne Edwards;
  • Fingerprint Services of Florida, LLC;
  • Jamwas LLC;
  • Jeffrey William Leon West;
  • Mr. Crown Molding LLC;
  • Pure LED Lights LLC

For more information about leasing at the McNab Commercial 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 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.

 

AIDS Healthcare Foundation Sells South Beach Property for $4.5 Million

September 22nd, 2014

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Brokered by Steve Hyatt of Berger Commercial Realty, the deal includes a 7,500-square-foot retail building currently housing the Foundation’s Out of the Closet Thrift Shop

FORT LAUDERDALE, Fla. (September 22, 2014) – Berger Commercial Realty Senior Vice President Steve Hyatt recently represented the AIDS Healthcare Foundation in selling a highly sought-after South Beach retail property for $4,572,000 to Heritage Investors, LLC.

Located at 1501 Alton Road and 1509 W. Ave. in Miami Beach, just two blocks south of the popular Lincoln Road shopping area, the property includes a 7,500-square-foot retail building and a three-unit apartment building on 15,000 square-feet of land.

The retail building has housed the Foundation’s Out of the Closet thrift shop since 2011. The thrift shop will continue to operate at its current location under a short-term lease-back agreement until relocating to a nearby storefront.

“This property was one of the largest contiguous retail spaces available for sale in the South Beach market,” said Hyatt. “With its excellent location and retail zoning, the property was in high demand with a bidding war over the purchase price.”

This is the third real estate transaction that Hyatt has closed for the Foundation over the past two years. In January, he represented the Foundation in the sale of a 24,000-square-foot office building and adjoining parking lot, located at 955 S. Federal Highway in Fort Lauderdale, for $2,025,000 to Sapphire Investment Fund, LLC.

In March 2013, Hyatt closed the Foundation’s $4.925 million purchase of the Courthouse Law Plaza, located at 700 and 750 S.E. 3rd Ave in Fort Lauderdale. The Foundation later hired Berger Commercial Realty to manage the 52,000-square-foot office property.

 

About the AIDS Healthcare Foundation

The Los Angeles-based AIDS Healthcare Foundation is a global organization providing leading-edge medicine and advocacy to more than 200,000 patients in 28 countries. The Foundation’s pharmacies, thrift stores, healthcare contracts and strategic partnerships generate funding to provide medical and advocacy services across the globe. It currently operates four Out of the Closet thrift shops in South Florida.

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 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.