Berger Commercial Realty’s Steve Hyatt Reps Buyer In Purchase Of Oakland Park Office Building For HQ
Berger Commercial Realty/Corfac International Senior Vice President Steve Hyatt represented the buyer in the purchase of a 10,400-square-foot office property located at 4201 North Andrews Avenue in Oakland Park, Florida.
The buyer, upscale clothing store chain Maus & Hoffman, Inc., paid $1,700,000 to Truist Bank, for the asset. Maus & Hoffman is relocating from the Las Olas Boulevard area due to expansion needs and the sale of its prior location. Founded in 1940 with operations in Fort Lauderdale, Palm Beach, Vero Beach and Naples, Maus & Hoffman is currently run by third and fourth generation family members.
The transaction closed January 27.
The suburban, one-story office building offers good visibility on Andrews Avenue and is centrally located near I-95.
The building served as a former Truist Bank Operation Center. It was formerly owned by SunTrust Bank, which became Truist after a recent merger. The new location provides easy access to their east and west coast stores.
Jeff Holding and AJ Belt of Cushman & Wakefield represented the seller.
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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.
