Berger Commercial Realty Vice President Joseph Byrnes and Broker Associate Greg Milopolous recently represented Black Oak Partners, LLC in leasing more than 10,000-square-feet of office space, located in a two-story suburban office building at 2005 Vista Parkway in West Palm Beach, to GLV Insurance Agency, Inc.
Black Oak Partners purchased the building for $3.725 million from Design Arts of Palm Beach LLC on July 31. Black Oak Partners assigned the exclusive lease listings for the building to Byrnes, who represented the company in the purchase, and hired Berger Commercial Realty Vice President of Property Management Tim Hackett to manage it. Since then, the building has had a 10 percent rise in its occupancy level.
The 41,899-square-foot building sits on four acres of land and was built in two phases during 2003 and 2006.
Byrnes represents more than 800,000 square feet of office, industrial and retail space. He is a retail real estate specialist in the capacity of landlord and tenant representation. Milopoulos handles industrial and office space and has more than four years of real estate experience. He is a licensed real estate broker, licensed general contractor, and licensed mortgage broker. Hackett oversees the management of more than 4 million square feet of commercial properties in South Florida.