Berger Commercial Realty’s Steve Hyatt Negotiates Sale Of Free-Standing Office Building In Oakland Park

Berger Commercial Realty  /   September 3, 2020

Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller, Arvind Mahendru, Trustee, in the sale of a freestanding former medical office building located at 2001 West Oakland Park Blvd. in Oakland Park, Florida. TaxFam, Inc. purchased the 5,331-square-foot office building, which is situated on .38 acres, for $1,200,000, and plans to occupy the space. The deal closed August 17. The 1977-built, single story building features high visibility on a major thoroughfare, easy access from I-95 and ample onsite parking for up to 30 vehicles. “We’re seeing a substantial spike in interest in free-standing buildings due to the pandemic,” commented Hyatt. “This particular building offered the tenant an easily accessible location and an optimally-sized facility for his accounting practice.” Berger Commercial Realty and Tampa-based Bay Street Commercial were hired to market the building as part of a bankruptcy dissolution.

About Berger Commercial Realty/CORFAC International: Berger Commercial Realty/CORFAC International 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 CORFAC International, a global network of independently owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information about Berger Commercial Realty’s brokerage services, CALL 954.358.0900 or visit www.bergercommercial.com.

About CORFAC International: CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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