Berger Commercial Realty Corp. Announces $30.5 Million Sale
Fort Lauderdale – September 8, 2008 – Berger Commercial Realty Corp. announces the $30.5 million sale of a portfolio of three (3) Self Storage facilities. The self storage facilities are all located in Palm Beach County Florida. The sale included the following properties: Safe & Secure Royal Palm Beach, a 134,000 sq.ft. facility built in 2005 located at 8970 Belvedere Road, Safe & Secure Boynton Beach a 92,000 sq.ft. facility built in 2006 located at 3010 South Congress Avenue and Safe & Secure Delray Beach a 147,000 sq.ft. facility located at 2512 North Federal Highway.
The buyer was United Stor-All Centers located in Blue Bell, PA. Reese Stigliano, SIOR, Lloyd Berger and Gordon Lunt represented the Seller, Safe & Secure Self Storage. The deal closed July 15, 2008.