Berger Commercial Realty’s Keith Graves, Lawrence Oxenberg Negotiate 25,000 SF Sublease On Behalf Of Sun-Sentinel
Berger Commercial Realty/Corfac International Senior Vice President Keith R. Graves, CCIM, SIOR and Sales Associate Lawrence Oxenberg negotiated a 24,632-square-foot sublease on behalf of sub-landlord Sun-Sentinel Company LLC at 333 SW 12th Avenue in Deerfield Beach, Florida.
TrueCoverage, LLC, an insurance marketplace that delivers affordable health insurance from over 600 top insurance company partners, will occupy the space.
The 1988-built property is occupied by Sun-Sentinel Company LLC as a printing plant and distribution center and includes a 2-story office component, as well. The 383,124-square-foot property features 35’ clear ceiling height, dock and grade level loading and is situated on 23.03 acres. Besides the Sun Sentinel, the other papers now being printed at the facility include the New York Daily News, New York Times, New York Post, Wall Street Journal, and the weekly Barron’s financial publication.
“TrueCoverage was attracted to the property given its strategic location within proximity to I-95, Florida’s Turnpike, Sawgrass Expressway and the Tri-Rail station,” explained Graves. “Additionally, the floor plan was well-suited for their operations.”
“The tenant has other locations across the US. This new location will expand operations within Florida and enhance customer service,” added Oxenberg.
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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.
