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Berger Commercial Realty Broker Steve Hyatt Closes Sale of Broward Lakes Business Park Property for $600,000

August 21st, 2015
FORT LAUDERDALE, Fla. (August 20, 2015) – Senior Vice President Steve Hyatt of Berger Commercial Realty, a full service commercial real estate firm based in South Florida, recently represented Ken Custer of Custer Capital, LLC for the sale of a property within Broward Lakes Business Park to Schaller Automation, LP for $600,000.

Located at 811 Shotgun Road in Sunrise, the 3,375-square-foot office / warehouse condo consists of 1,625 square-feet of office space and 1,750 square-feet of open warehouse space. It features upscale finishes in the office and showroom areas, a 22-foot ceiling, two bathrooms, a large eat-in kitchen area and one grade-level drive-in door.

Represented by Realty Associates, Schaller Automation is an international corporation that provides diesel engine monitoring and security systems to protect large engines from crankcase explosions. The German-based company supplies Visatron oil mist detector systems to over 40,000 large diesel, gas and dual fuel engines in marine, offshore and land-based power plants worldwide. Locally, Schaller Automation services cruise ships docked at the major ports in South Florida.steve

“The buyer liked the property because of its close proximity and easy access to Port Everglades and Port of Miami,” said Hyatt. “Because of the property’s versatility as a showroom, warehouse and office space, Schaller Automation plans to use the building as a base for regional offices and a testing center.”

The property is located on the corner of I-75, I-595 and the Sawgrass Expressway within the 120-acre Broward Lakes Business Park, a master-planned and controlled business park consisting of multi-tenant flex, office and industrial space.

Berger Commercial Realty Brokers Close Sale of Court Park in Fort Lauderdale for $960,000

August 11th, 2015

FORT LAUDERDALE, Fla. (August 10, 2015) – Berger Commercial Realty brokers Judy Dolan and St. George Guardabassi recently facilitated the sale of a 3,440-square-foot free-standing office building located at 212 SE 8th S. in Fort Lauderdale. Dolan and Guardabassi represented Court Park, Inc. in the sale of the property for $960,000 to Jerome Koomen of New River Executive Center, LLC.

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Koomen functions as managing partner and advertising director of JWK Media Group and plans to use the building as a workplace for the print and digital advertising sales firm, which focuses on the pharmaceutical, insurance and financial industries.

Located on a 14,000-square-foot lot within walking distance of the Broward County Court House, the property features onsite parking, two HVAC units, accordion storm shutters on windows and multiple offices in varying sizes and layouts. It is situated in central downtown Fort Lauderdale between Andrews Avenue and S.E. 3rd Avenue with convenient access to US1, State Road 84, S.E. 17th Street, Davie Boulevard and Broward Boulevard.

Berger Commercial Realty Closes Three New Leases at Deerfield Beach Enterprise Commerce Center Totaling More Than 55,000 Square Feet

August 6th, 2015

Roxanna1901 Green Road

FORT LAUDERDALE, Fla. (August 5, 2015) – Broker Associate Roxanna Collins of Berger Commercial Realty, a full service commercial real estate firm based in South Florida, recently closed three new leases totaling 55,855 square-feet of industrial space on behalf of landlord Mancini & Sons Florida. The transactions were for spaces within the Enterprise Commerce Center, located at 1901 Green Road in Deerfield Beach.

Collins successfully closed:

  • the new lease of 26,925 square-feet to Farm Fresh Packers, LLC in bays A, B, and C;
  • the new lease of 20,171 square-feet of space to USP Motorsports, Inc. in bays E and F;
  • and the new lease of 8,759 square-feet of space to BDI-USA, Inc.

The 76,381-square-foot Enterprise Commerce Center includes industrial, warehouse, and flex space. The new leases bring the building to 88 percent occupancy.

The building features 24-foot ceilings, dock-level doors, tilt-wall concrete construction and a wrap-around glass front façade. It is located on the Wiles Road extension and is within minutes of major highways, shopping, and restaurants.

The building is a part of a portfolio consisting of 220,667 square-feet in Broward County that is managed and leased exclusively by Berger Commercial Realty. Collins currently oversees leasing for the portfolio. For more information about leasing at Enterprise Commerce Center, call (954)-358-0900.

Berger Commercial Realty Hires New Human Resources Manager

August 5th, 2015

Michele Carrasco to oversee HR across the firm’s three offices

Michelle

FORT LAUDERDALE, Fla. (August 5, 2015) – Berger Commercial Realty, a full-service commercial real estate firm based in South Florida, announced that Michele Carrasco has joined the team as human resources manager.

With more than 20 years of senior-level human resources experience, Carrasco joins Berger Commercial from Allegiance Home Health in Boca Raton, where she was director of HR. Previously, she held human resources managerial positions in Colorado at ADP TotalSource and the Embassy Suites Hotel. Fluent in English and Spanish, Carrasco began her career in HR in 1994 as an administrator of fleet personnel for Renaissance Cruises.

In her new position as human resources manager at Berger Commercial Realty, Carrasco will oversee the administration of HR activities and protocols including recruitment, compensation, training, personnel policies, and regulatory compliance at the firm’s offices in Fort Lauderdale, Miramar, and Palm Beach County. She will be based in Fort Lauderdale.

“Michele’s position is an important addition to our organization,” said Berger Commercial Realty President Lloyd Berger. “Her diverse background and thorough knowledge of HR policies and protocols are an asset to our firm, and we are pleased to welcome Michele to our team.”

Carrasco earned her Bachelor of Arts in philosophy from Vassar College in Poughkeepsie, N.Y. in 1989. She currently resides in Lighthouse Point.

Berger Commercial Realty Announces Three New Leasing and Management Assignments Totaling More Than 282,000 Square-Feet of Space

August 2nd, 2015

FORT LAUDERDALE, Fla.- Berger Commercial Realty, a full service commercial real estate firm based in South Florida, recently acquired three new leasing and management assignments for properties in Fort Lauderdale and West Palm Beach.

“We are pleased to take on the leasing and management responsibilities for these three properties and look forward to enhancing the value of each asset through rental price optimization, proven marketing strategies, and efficient operation,” said Berger Commercial Realty President Lloyd Berger.

 

Cypress Creek Tower
Located at 800 W. Cypress Creek Road in the Cypress Creek office submarket of Fort Lauderdale, Cypress Creek Tower will be exclusively leased by Berger Commercial Realty brokers Keith Graves and Jonathan Thiel and will be managed by property manager Wendy Collins.

The class B building, which is 75 percent occupied, includes 62,000 square-feet of office space and stands five stories tall. It features an onsite banking facility, a computerized energy management system, and is within minutes of I-95, Florida’s Turnpike and the Cypress Creek Tri-Rail Station.

The building was recently acquired by COLE International Investments, LLC, a Delaware-based company. Berger Commercial Realty also leases and manages two other assets owned by COLE.

 

Executive Airport Business Center
Recently acquired by CP Highlands Fund, the Executive Airport Business Center includes 73,130 square-feet of single-story office, industrial and flex space located at 5101 N.W. 21st Ave. in Fort Lauderdale.

Situated on more than six acres of land, the property consists of two buildings adjacent to a lake and small wooded area. It is located southwest of Fort Lauderdale Executive Airport and just north of Commercial Boulevard.

CP Highlands Fund selected Berger Commercial Realty after a thorough and lengthy bidding process. Brokers Judy Dolan and  Jonathan Thiel will be responsible for leasing the property and Wendy Collins will manage it.

 

Okeechobee Industrial Park
Okeechobee Industrial Park consists of 11 one-story buildings totaling 175,000 square-feet of industrial and flex space. The 13.25-acre industrial property is located at 1550 Latham Road in West Palm Beach and is within minutes of I-95, US-98 and Palm Beach International Airport.

The property, acquired by FM Capital, will be managed by Berger Commercial Realty from its Palm Beach office. Broker Robert Dabrowski will be responsible for leasing and property manager Claudia Fajardo will handle management. Fajardo is moving from Berger Commercial’s Miramar office to manage the industrial park and assist with the firm’s current Palm Beach County-based portfolio.

Berger Commercial Realty Closes Three Sales Totaling More Than $10 Million

July 26th, 2015

FORT LAUDERDALE, Fla. – Berger Commercial Realty, a full service commercial real estate firm based in South Florida, recently closed the sales of three properties for a total of more than $10 million.

6565 Taft St Flyer For Sale.indd

Taft Office Complex Building

Berger Commercial Realty Vice President Joseph Byrnes represented Poal Wk Taft, LLC in the $6.1 million sale of 6565 Taft Street in Hollywood. The four-story, 50,000-square-foot office building is the last and largest of nine office buildings to be sold from the Taft Office Complex, which spans several blocks from 6363 to 6565 Taft St.    Built in the late 1980s, the building is currently 90 percent occupied. Infinity Insurance, City College, and the United States government are key tenants.   “This asset drew a great deal of interest from the moment we put it on the market. A contract for the sale was secured in less than 60 days,” Byrnes said. “With well designed floor plans and abundant parking, the property has and will continue to have high-quality tenants with long-term leases.”

 

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Gateway Industrial Center

Berger Commercial Realty President Lloyd Berger and broker Keith Graves represented 6500 NW 15th Ave., LLC in selling the Gateway Industrial Center to Gateway Park Holdings, LLC, represented by Alan Levy of Levy Realty Advisors. The property, which includes 28,150 square-feet of warehouse space, sold for $2.1 million.   Located at 6500 NW 15th Ave. in Fort Lauderdale, the Gateway Industrial Center features grade-level and dock-high loading, clear ceiling heights of 19 feet, three-phase power and ample parking. It is located in the heart of South Florida’s tri-county market within minutes of Florida’s Turnpike, I-95 and Fort Lauderdale Executive Airport.   “This sale is representative of continued interest in well positioned industrial properties in Broward County,” Berger said. “Location-savvy investors see a property like the Gateway Industrial Center as an ideal market-entry acquisition or a promising addition to an existing portfolio.”

 

1777 S. Andrews Ave. pic.

Andrews Office Centre

Berger Commercial Realty Broker Associate Roxanna Collins represented South Andrews Investments, LLC in purchasing the Andrews Office Centre from Fort Lauderdale Investments. Located at 1777 S. Andrews Ave. in Fort Lauderdale, the 13,000-square-foot property sold for $2.2 million.   The three-story office building, built in 1981, is within minutes of downtown Fort Lauderdale, Broward General Hospital, the Fort Lauderdale International Airport, and Port Everglades.   The building features professional tenants, ample parking and easy access to multiple forms of public transportation. It is situated just south of S.E. 17th Street on a future New Wave Streetcar route.

Berger Commercial Realty Negotiates $2.55 Million Sale of Deerfield Beach Industrial Property

July 23rd, 2015

FORT LAUDERDALE, Fla. (July 22, 2015) – Brokers Joseph Byrnes and Greg Milopoulos of Berger Commercial Realty recently represented landlord Stream Asset Holdings, LLC in selling a redevelopment opportunity in Deerfield Beach. The property sold for $2.55 million to Stor-All 2nd Ave., LLC. Stor-All 2nd Ave. LLC plans to redevelop the site to accommodate a self-storage facility and other mixed-use properties.

Formerly known as Deerfield Builders Supply, the property was a family-owned and operated lumberyard and rebar plant for 66 years.

“We feel this asset was a great acquisition for Stor-All in a market with virtually no REO opportunities remaining” said Milopoulos. “Both parties were great to work with through this process and we look forward to seeing the project get started.”

Located at 77 S.E. 2nd Ave. on the southeast corner of Hillsboro Blvd. and Dixie Highway, the five-acre property features secured gating with multiple access points, direct rail access via a private 11-car rail spur, close proximity to major roads and highways, and several onsite warehouses totaling 45,000 square-feet of industrial space.

Berger Commercial Realty Retained as Sales Agent of Lauderdale Marketplace

July 17th, 2015

Lauderdale Marketplace PictureThree-building retail property in Lauderdale Lakes listed for $32 million

FORT LAUDERDALE, Fla. (July 17, 2015) – Berger Commercial Realty has been retained as the exclusive agent for the sale of Lauderdale Marketplace, a three-building retail property in Lauderdale Lakes listed for $32 million.

Owned by Lauderdale Marketplace Investments, LLC, notable tenants include Broward Health, YouFit Health Club, Humana, Davita Dialysis, Papa John’s, the Broward Sheriff’s Office, the Department of Veteran Affairs, and the Department of Highway Safety and Motor Vehicles. The property is 87 percent leased.

“Stability is a key feature of this property with most tenants on long-term leases,” said Berger Commercial Realty Vice President Joseph Byrnes, who has served as the property’s exclusive leasing agent for years. “The property’s functional and versatile building design, abundant parking, and convenient, central location have created a history of stable occupancy and quality tenants over the years.”

Lauderdale Marketplace is located on almost 30 acres of land on the southeast corner of Oakland Park Boulevard and State Road 7, a short distance from I-95 and Florida’s Turnpike. It was originally built in 1986 and 1987.

“In addition to its stable tenant mix, Lauderdale Marketplace also provides an excellent

long-term opportunity to redevelop the entire site as a multi-purpose city center,” Byrnes added. “The areas of central and western Broward County are experiencing a boom right now, and Lauderdale Marketplace offers a prime location for further growth.”

For more information about Lauderdale Marketplace, call 954.358.0900 or visit BergerCommercial.com.

Berger Commercial Realty Brokers Close Four Transactions In Broward and Palm Beach Counties

July 8th, 2015

Berger Commercial Realty brokers Annette Rey Bishop, Judy Dolan, Keith Graves, Greg Milopoulos and Jonathan Thiel recently closed four leases totaling more than 16,000 square-feet of space in Broward and Palm Beach counties.

Dolan and Milopoulos represented landlord GA 4711 N. Australian Avenue, LLC for the new lease of 1,532 square-feet of warehouse space in Mangonia Park to Safety 1st Playgrounds, Inc. The property, known as Mangonia Business Park, features tilt-wall construction, impact glass, large overhead grade-level doors, 18-foot ceilings, and ample parking. It is located at 4711 N. Australian Ave. just north of 45th St. and west of US 1.

Dolan also represented landlord 1936-1938 Hollywood, LLC for the new lease of 3,500 square-feet of office space to Evergreen Sweeteners. The class C office building was built in 1947 and is in the heart of Hollywood’s Central Business District. The property is located at 1936 Hollywood Blvd., just west of Young Circle.

Dolan, Graves and Thiel represented landlord CoFe Fund 1-Plantation, LLC for a new lease of 4,498 square-feet of office space to BrightStar Credit Union. The suite is within Plantation Technology Park located at 1700 N.W. 66th Ave. in Plantation. The property includes a renovated lobby and common area, direct access to suites from the parking area, a campus-like setting and abundant parking.

Bishop and Dolan closed a renewal/expansion lease on behalf of landlord 2019-2030 Hollywood, LLC for 7,295 square-feet of retail space to Tardes Calenas Bar Restaurant. The property is located at 2025 A-B Hollywood Blvd. in Hollywood.

Resolve Marine Group Purchases Harbor Place Building in Fort Lauderdale For $8.9 Million in Deal Brokered by Berger Commercial Realty

June 4th, 2015

 

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FORT LAUDERDALE, Fla. (June 4, 2015) – . Judy Dolan and St. George Guardabassi of Berger Commercial Realty represented Resolve Marine Group in the purchase of the 36,000 square foot Harbor Place office building at 1600 SE 17th Street causeway office building for $8.9 million. Lloyd Berger and Keith Graves, also of Berger Commercial Realty, represented the seller.

Resolve Marine Group retained the commercial real estate firm to lease and manage the building. Dolan and Guardabassi will serve as the property’s exclusive leasing agents, and Raquel Monge, a senior property manager at the firm, will oversee the management and operations of the building.

Dolan and Guardabassi have represented Resolve in a number of real estate transactions over the past five years, including the company’s original 2012 lease at Harbor Place. The brokers also represented Resolve in the purchase of:

  • the company’s corporate headquarters building at 1510 S.E. 17th St.;
  • property in Port Everglades for the expansion of the company’s salvage business;
  • And an 11,709-square-foot office building for $4 million from Ardell Marina, Inc. in 2014. That building is located at 1550 S.E. 17th St., directly in between Harbor Place and Resolve’s corporate headquarters.

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.