Berger Commercial Realty Facilitates Sale Of Ft. Lauderdale Industrial Property

Berger Commercial Realty  /   January 3, 2017

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Berger Commercial Realty Senior Vice President St. George Guardabassi represented Ardox Corp. in the $2.1 million sale of a 45,000-square-foot industrial property to BJK Ventures, LLC d/b/a Elite Marine A/C at 1957 S. Andrews Ave. in Fort Lauderdale.

The property consists of an 18,000-square-foot warehouse featuring six street-level overhead doors and up to 18 feet of clear ceiling height. Situated on a corner lot with access from three sides, the property features 260 feet of frontage on Andrews Avenue and is located less than one mile from Broward Health and Broward County Courthouse. The property was used by Ardox Corp. for the assembly and sale of electric pumps.

“Elite Marine saw the advantage of the property’s prime location along Fort Lauderdale’s marine service and repair corridor,” Guardabassi said. “As a provider of air conditioning and refrigeration equipment for boats and yachts, the company benefits from the surrounding marinas and central location in the ‘Yachting Capital of the World.’”

The property, which was nearly demolished before it went under contract, is slated for complete rehabilitation by Elite Marine with plans to use it as a showroom, sales center, storage facility and service station for the company’s expanding inventory of parts and equipment.

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