Berger Commercial Realty’s George Gammon, Jordan Beck Rep Buyer In Purchase Of Fort Lauderdale Industrial Building
Berger Commercial Realty/Corfac International Sales Associate George Gammon and Senior Vice President Jordan Beck represented the Buyer in the purchase of a 14,607-square-foot industrial building located at 811 NW 57th Place in Fort Lauderdale, Florida.
FLL 811, LLC purchased The Champion Controls Building from 811 Building LLC for $2.750,000. The 1979-built, single tenant property, which served as the manufacturing and distribution warehouse for Champion Controls, was renovated in 2010 and features 20% office buildout, 12-14’ ceiling heights, 2 loading docks, 600 Amp-3 phase power and 31 parking spaces. The company will continue to lease and thrive in this location.
The transaction closed March 1.
“The deal benefited both the Buyer and the Seller, resulting in a sale-leaseback, potentially for the next 20 years,” explained Gammon.
The sale marks the first investment sales transaction for Gammon and hopefully the first of many future transactions with FLL 811, LLC and Berger Commercial.
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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 is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada, and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand, and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide.
