Call Now


St. George Guardabassi answers: How can using a broker help me if I am looking for space to lease?

September 22nd, 2016

Usually, the cost of a real estate broker will save you money. The main reason for this is that we know the market, we’re out there in the trenches every day, we represent tenants and landlords, looking for space or trying to lease space. We know the concessions that they’re offering. We know the cost of tenant improvements. We know how to analyze a lease and how to get you the best deal. That frees up more time for you to run your business, making more money for yourself.

Berger Commercial Welcomes Lawrence Oxenberg

September 21st, 2016



Berger Commercial Realty recently announced that Lawrence Oxenberg has joined the team as a sales associate.

In his new role, Oxenberg is responsible for representing landlords as well as local and national independent and franchise tenants in leasing, buying and selling retail properties throughout Broward, Miami-Dade and Palm Beach counties.

Prior to joining Berger Commercial Realty, Oxenberg served as an associate at Behar Real Estate Group, Inc. in Miami for three years, where he transitioned into commercial real estate after a 17-year-long career in seafood brokerage and manufacturing.

“Lawrence brings to our firm a wealth of leadership, marketing and sales skills,” said Berger Commercial Realty President Lloyd Berger.

“Coupled with his experience in the local commercial real estate market over the past few years, his career in imports and exports gives him a solid understanding of business needs in South Florida.”

Prior to joining Sysco, Oxenberg served as vice president of SeaSpecialties, Inc. for ten years, where he managed sales and operations of two seafood processing plants in Pennsylvania and New York and was responsible for product distribution throughout the mid-Atlantic and Northeast regions of the United States.

Oxenberg received his Bachelor of Arts from George Washington University in Washington, D.C., in 1996.

Tim Hackett answers: What is considered an industrial property?

September 15th, 2016

An industrial property is a wide range. It can be anything from flex space, which would be a portion in a portion warehouse to heavy industrial, which would be manufacturing, such as a large factory.

Steve Hyatt answers: What do I do if I want to buy or lease property?

September 13th, 2016

First of all, I’d contact an experienced and knowledgeable broker in the specific area where you’re focused on. That broker can start you from an initial needs assessment all the way through site selection, financing, negotiation whether it’s a lease or a buy, the financing scenario, as well as even post-move logistics. To start to search we recommend usually 6 months to a year before your lease expiration because of the time it takes to either build out, finance or close a transaction.

Michael Withrow answers: What is a 1031 exchange?

September 6th, 2016

1031 exchange is not a tax avoidance, but rather a tax deferment. For example, if you have a property that you sell for $200,000 rather than paying the 20% tax rate, if that’s your tax rate you have to pay the $400,000. If you have a like property in mind, you can roll all $2,000,000 into other property and you’ll be able to keep your funds working for you. It gives you some extra leverage on the property.

Berger Commercial’s Keith Graves Renews 32,000 SF Lease

September 2nd, 2016

KG-Headshot Site

Berger Commercial Realty Senior Vice President Keith Graves recently represented SPG Palm Crossing, LLC in renewing a lease for 32,220 square feet of flex space at Palm Crossing Central to Integrated Regional Laboratories (IRL), a hospital-affiliated regional laboratory provider that offers state-of-the-art diagnostic testing, microbiology capabilities and personalized client support services.

IRL’s facility at Palm Crossing Central is the most advanced automated laboratory in Florida.

Located at 5371 N.W. 33rd Ave. in Fort Lauderdale, Palm Crossing Central is currently 91 percent leased. The 71,411-square-foot property offers a campus-style office park setting within minutes of I-95, Florida’s Turnpike, Fort Lauderdale Executive Airport, and local hotels, restaurants and banks.

In addition to its laboratory at Palm Crossing Central, IRL maintains a histology and microbiology operation in Largo and a network of hospital-based rapid response laboratories throughout the state

Tim Hackett answers: What are rules and regulations in a commercial lease?

September 1st, 2016

The rules and regulations are the do’s and don’ts of the property. They govern things such as a tenant not making noise to disturb their neighbors to perhaps what time the building is accessible.

Roxanne Collins answers: What is the term of a commercial lease generally?

August 30th, 2016

The term is the stipulated amount of time from the inception of the lease to the expiration of the lease. It could be stipulated in months or years.

Berger Commercial Realty Secures 30,500 SF In Lease Transactions

August 30th, 2016

Bunch of Brokers


Berger Commercial Realty brokers recently secured 30,543 square feet in lease transactions on behalf of landlords in Fort Lauderdale.

Harbor Walk Building

Senior Vice President Steve Hyatt represented Intervest-Harbor Walk, LLC in leasing 7,200 square-feet of space to Platinum Fundraising, LLC at the Harbor Walk Building. Along with Senior Vice President St. George Guardabassi,Hyatt also represented Intervest-Harbor Walk in leasing 1,650 square-feet of space to Wolfson Productions, LLC.
Located at 1650 S.E. 17th Street, the 60,360-square-foot Harbor Walk Building consists of four stories and features an onsite restaurant, renovated common areas, signage opportunities and a parking garage directly accessible from the first three floors of the building. The property is located along the 17th Street Causeway in close proximity to Fort Lauderdale International Airport, Port Everglades, Fort Lauderdale Beach and downtown Fort Lauderdale.


Prospect Park II

At Prospect Park II, Senior Vice Presidents Joe Byrnes and Keith Graves and Senior Sales Associate Jonathan Thiel represented AKF3 SF Light Industrial, LLC in the lease extension of 6,854 square-feet of mixed-use space to Advantage Sales & Marketing, LLC at 3405 to 3407 N.W. 55th Street and the new lease of 5,589 square-feet of flex space to Harmon, Inc. at 3361 to 3375 N.W. 55th Street.

Prospect Park II consists of eight buildings totaling 81,925 square-feet of office and flex space with bays ranging from 902 square feet to 5,589 square feet. Renovated over the past two years, Prospect Park II features contemporary designs and enhanced curb appeal. The business park also offers opportunities for highly visible exterior signage, round-the-clock access and convenient access to I-95, Florida’s Turnpike, Commercial Boulevard and Fort Lauderdale International Airport.


Cypress Creek Tower

Graves and Thiel also represented COLE International Investments, LLC in leasing 5,467 square feet of space to Dutton Law Group, P.A. at Cypress Creek Tower, located at 800 W. Cypress Creek Road.

Cypress Creek Tower consists of 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. Cypress Creek Tower is exclusively leased and managed by Berger Commercial Realty, in addition to four other assets owned by COLE.


Miller Legg Building

Additionally, Graves and Thiel represented North Andrews Way Corp. in leasing 2,696 square feet of office space to The Health Enrollment Group, Inc. at the Miller Legg Building, located at 5701 to 5775 N. Andrews Way.

The 21,871-square-foot multi-tenant office building sits on a 1.76-acre lot adjacent to the Cypress Creek Tri-Rail Station and provides convenient access and exposure to I-95. The brokers represented North Andrews Way Corp. in the $2.35 million purchase of the building in January. The property is currently more than 95 percent occupied with local consulting firm Miller Legg as its anchor tenant.


Powerline Business Center

Thiel and Senior Vice President Joseph Byrnes represented Rising Tide Development, LLC in renewing a lease for 1,087 square-feet of office space to Florida Atlantic General Construction, LLC at Powerline Business Center, located at 5601 Powerline Road.

The 82,330-square-foot building, located on a six-acre lot, consists of warehouse, showroom and office space and is within close proximity to I-95 and Florida’s Turnpike as well as public transportation. Powerline Business Center is part of a portfolio owned by Rising Tide Development.

Tim Hackett answers: What is hold over rent in a commercial lease?

August 25th, 2016

Hold over rent is when a tenant stays in their space after their lease expiration date. The landlord charges a premium for the tenant to stay in that space not being on a lease and it also hinders the landlord from making any plans on that space. That’s why there’s the upcharge for staying in hold-over.