550 S. Andrews Avenue, Suite 400, Fort Lauderdale, FL 33301

954.358.0900

Category: News

Category: News

Berger Commercial Realty’s Jordan Beck Negotiates $66M Sale Of Small Bay Industrial Portfolio

Posted on by Berger Commercial Realty

Berger Commercial Realty/Corfac International Sales Associate Jordan Beck represented the seller, Pompano/Lincoln Industrial Ltd, in the sale of a 355,000-square-foot, small bay industrial portfolio located at 3465 NW 19th St. in Lauderdale Lakes, Florida.

Odan Capital paid $65,800,000 for the buildings. The property is situated on approximately 17 acres.

The transaction closed January 10.

“The property was originally under contract in early 2022, but the buyer pulled out due to rising interest rates,” explained Beck. “Once put back under contact with the new buyer, Odan Capital, it took an incredible amount of resiliency from both buyer and seller to stay engaged in the deal in a continually changing market. This deal is a representation of the fact that small bay warehouse product in South Florida continues to be in high demand, both from an acquisitions standpoint and a leasing standpoint.”

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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.

Berger Commercial Realty’s Jordan Beck Negotiates Sale Of Deerfield Beach Industrial Facility

Posted on by Berger Commercial Realty


Berger Commercial Realty/Corfac International Sales Associate Jordan Beck represented the seller Tesco South Inc, in the sale of a 74,000-square-foot, free-standing, single-tenant industrial property.

The 1988-built property, which is situated on 3.5 acres at 1301 NW 3rd St. in Deerfield Beach, Florida, traded for $15,600,000.

The transaction closed November 1.

The property was owned and occupied by Hector Turf for 30+ years. Currently, Wesco Turf, which acquired Hector Turf and is now the exclusive distributor for Toro Lawn equipment for the southeast region of Florida, occupies the property. The buyer intends to hold and stabilize the property long term, with Berger Commercial Realty providing leasing and management services.

“Berger Commercial was hired to market the property to a select group of qualified prospects that would have certainty of closing” commented Beck. “This was due to the confidential nature of the business sale that was occurring simultaneously. This sale also occurred during the continuous interest rate increases and market changes. It took a very strong commitment level from Elion Partners to see this through to the finish line, as the economics of the deal changed throughout the process.”

“This is the second transaction that Elion partners purchased an asset from a Berger Commercial client this year,” Beck added. “Both transactions went smoothly and We look forward to continuing a strong relationship with them.”

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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.

Berger Commercial Realty Negotiates Seven Leases At Prospect Park I & II Totaling ±38,000 Square Feet

Posted on by Berger Commercial Realty
Berger Commercial Realty/Corfac International Senior Vice President Keith R. Graves, CCIM, Vice President Jonathan Thiel, and Sales Associate James Karrat, represented the landlord, AKF3 SF LIGHT INDUSTRIAL LLC % ADLER KAWA REAL ESTATE ADVISORS, in executing seven leases a Prospect Park I & II, two business parks totaling 14 buildings and more than 150,000 square feet located in Fort Lauderdale, Florida. The deals include a mix of new leases, expansions and lease renewals including: • Bioxtek LLC signed a new lease for ±11,120 square feet • American Way Health, LLC signed a new lease for ±3,274 square feet • Pointed Engineering Inc signed a new lease for ±1,305 square feet • Commercial Trade Service signed a new lease for ±902 square feet • Residential Warranty, Inc. renewed its lease for ±8,309 square feet and expanded by ±5,589 square feet • Orthotic & Prosthetic Centers, Inc. renewed its lease for ±5,289 square feet • HCB Specialties LLC renewed its lease for ±2,385 square feet Located within the Fort Lauderdale Commerce Center, Prospect Park I, located at 5201-5255 NW 33rd Avenue, consists of six buildings and features prime office suites ranging from 1,178 square feet to 4,719 square feet. Prospect Park II, located at 3301-3471 NW 55th Street, consists of eight buildings totaling 81,925 square-feet of office and flex space with bays ranging from 902 square feet to 5,589 square feet. Renovated over the past two years, Prospect Park II features contemporary designs and enhanced curb appeal. The lease deals bring the buildings to 92% occupancy. -end- 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.

Berger Commercial Realty Awarded New Leasing Assignment Totaling More Than 199,700 Square Feet

Posted on by Berger Commercial Realty


Berger Commercial Realty/Corfac International was recently awarded a new leasing assignment totaling 199,731 square feet.

Senior Vice President Keith Graves, CCIM and Vice President Jonathan Thiel will serve as the exclusive leasing agents for Westport Business Park, located at 2501-2555 Davie Road in Davie, Florida. Comprised of 3 buildings totaling 199,731 square feet, Westport Business Park is situated on ±12.32 acres and offers a mix of office/flex and modern warehouse/distribution spaces. The park is also strategically located near Interstate 595, 95, and 75 as well as Florida’s Turnpike.

“Berger Commercial is excited to work with Prologis on this highly reputable and strategically located asset,” commented Graves. “Prologis represents the “best in class” ownership and operations, and these product types are in high demand. We look forward to adding even greater value to them.”

“Berger Commercial and our team are extremely excited to continue and expand our relationship with Prologis. A worldwide leader and top-notch example on owning industrial real estate.” Added Thiel

The leasing team can be reached at 954-358-0900.

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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.

Berger Commercial Realty’s Brian Batchelder and Joseph Byrnes Rep Seller In West Palm Beach Office Sale

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Vice President Brian Batchelder and Senior Vice President Joseph P. Byrnes represented the seller, 123 West 92nd Street, LLC, in the sale of a 40,017-square-foot suburban Class B office building located at 2005 Vista Parkway in West Palm Beach, Florida.

153 East 26th Street, LLC purchased Vista Center for $10,430,000.

The deal closed August 17.

“This was a win-win situation as the Seller was able to sell the asset at the pinnacle of office sales in South Florida while leaving some value added for the Buyer to elevate the lease rates due to the strong leasing market,” commented Batchelder.

Berger Commercial Realty has retained the leasing and property management for the new owner.

Built in 2004, the building, located at the entrance of a first-class business park, was completely renovated in 2013 and features Okeechobee Boulevard frontage, free assigned covered parking, free surface parking, impact resistant windows, and is located near restaurants, lodging, banking, and shopping.

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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.

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Berger Commercial Realty Welcomes Two New Hires At Headquarter Office in Downtown Fort Lauderdale

Posted on by Berger Commercial Realty

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Zain Zakeria has been hired as Senior Property Accountant at Berger Commercial Realty. In this role, he will be leading the management of the full cycle of accounting for 1,600 units across 8 properties. Prior to joining BCRC, Zakeria worked for Oceanside resorts in Miami, Florida where he served as Senior Property Manager. He earned his Bachelor of Business Administration, majoring in accounting, at Florida Atlantic University. Outside of work, Zakeria plays in the South Florida Cricket League and has represented Team Florida in regional tournaments.

“Berger Commercial Realty is continuing to grow our team with people with experience and talent,” says Lloyd C. Berger, President. ” Every time we add great people, it brings new experience that we are all able to build on. Zain and Vanessa are great additions to our team; they both have knowledge that will bring a lot of value to our firm.”

Vanessa De Pena was recently hired as the Assistant Property Manager at BCRC. In her role as APM, she will support the property management team in overseeing over 3MM square feet of commercial properties throughout Broward County. Prior to joining BCRC De Pena served as client service coordinator for CBRE. She earned her Master of Science in Real Estate Development from Nova Southeastern University. De Pena also holds an active Florida Real Estate License.

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Berger Commercial Realty’s Lawrence Oxenberg Negotiates Sale Of Davis Plumbing Property Portfolio

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Sales Associate Lawrence Oxenberg represented the seller, DAVIS & SON INC., in the sale of a portfolio of retail and land properties with mixed zoning, which includes 7,064 square feet of improved building space situated on 26,308 square feet of land, along with an additional 13,479 square feet of vacant commercial land located in Fort Lauderdale, Florida.

The Davis Plumbing portfolio includes properties at 1404 NE 4th Ave, 1408 NE 4th Ave and a land parcel at the NWC of NE 5th Ave & NE 14th Street.

The buyers, LC 4th Avenue, LLC, et al., which were represented by Steve Davis with SVN Commercial Realty, paid $2.5 million for the assets. The deal closed August 10.

“The well-located Davis Plumbing properties were pursued by multiple parties,” commented Oxenberg. “Being situated just north of E. Sunrise Blvd along NE 4th Avenue and leading into the heart of Wilton Manors, these mixed-zoned buildings and land parcel offered unique flexibility to the buyer, with both retail and multifamily zoning in place at the time of sale.”

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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.

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We Made The List!

Posted on by Berger Commercial Realty

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We are excited to announce that Berger Commercial Realty, one of South Florida’s premier independent commercial real estate firms, has once again been listed by the South Florida Business Journal among the Top Commercial Real Estate Brokerages and Top Property Management Firms in South Florida!

Top Commercial Real Estate Brokerage Firm
Ranked by the dollar volume of sales and leases, our firm was listed among the Top 25 Commercial Real Estate Brokerages in South Florida with $668.41 million in transactions completed last year. From our offices in Fort Lauderdale, and Boynton Beach, our talented team of brokers sold and leased a total of 11.6 million square feet of commercial space.

Top Commercial Property Management Firm
Ranked by square-feet of rentable commercial space managed, Berger Commercial Realty ranked eighth among the Top 25 Commercial Property Management Firms. With a property management portfolio of 3.9 million square-feet, this is the sixth consecutive year that Berger Commercial Realty has been recognized among the top commercial property management firms.

In such a competitive industry, these distinctions are a testament to our team’s tireless and extensive efforts to successfully lease, sell and manage commercial property for clients. By focusing on the individual needs of our clients, delivering tailor-made solutions, and providing the highest level of customer service, our firm continues to exceed client expectations and attract new and repeat business. Through our client-centric approach, Berger Commercial Realty has become one of the most respected, privately-owned commercial real estate brokerage and management firms in Florida.

We extend our congratulations to all the organizations included on these lists, many of whom we work with to facilitate commercial real estate transactions while representing different parties. We also thank all of our team members whose hard work contributed to these achievements and look forward to working our way onto next year’s lists!

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Berger Commercial Realty’s Keith Graves and Jonathan Thiel Negotiate 290,503 SF Lease Renewal For Sun-Sentinel

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Senior Vice President Keith R. Graves, CCIM and Vice President Jonathan Thiel negotiated a long-term lease renewal on behalf of Sun-Sentinel Company LLC for 290,503 square feet at 333 SW 12th Avenue in Deerfield Beach, Florida.

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 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.

“This represented a strategic, long-term commitment to South Florida and the local community,” commented Graves. “The prime location and functionality of the property, coupled with Sun-Sentinel’s growth and business model were all contributing factors.”

Tom O’Loughlin of CBRE represented the landlord, GPT SW 12TH AVENUE OWNER LLC, in the lease deal.

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About Sun-Sentinel Company: Sun-Sentinel is owned by Tribune Publishing Company. Tribune Publishing Company is a media company rooted in award-winning journalism. Tribune Publishing Company operates local media businesses in eight markets with titles including the Chicago Tribune, The Baltimore Sun, Orlando Sentinel, South Florida’s Sun-Sentinel, Virginia’s Daily Press and The Virginian-Pilot, The Morning Call of Lehigh Valley, Pennsylvania, and the Hartford Courant. Tribune Publishing Company also operates Tribune Content Agency (TCA) and the Daily Meal. Tribune brands are committed to informing, inspiring and engaging local communities. Tribune Publishing Company creates and distributes content across its expansive media portfolio, offering integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities.

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 (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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We Are Pleased To Provide You With This Copy Of Berger Commercial Realty’s Q2 2022 Market Reports

Posted on by Berger Commercial Realty

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Broward Office

Broward Industrial

Palm Beach Office

Palm Beach Industrial

We hope this information is informative and useful. If you have any questions, please contact one of our brokers and we will be happy to assist you.

 

 

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 (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty Adds Sales Associate

Posted on by Berger Commercial Realty

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Jordan Yates has joined Berger Commercial Realty/Corfac International’s Fort Lauderdale office as a Sales Associate.

Mr. Yates specializes in providing tenant representation services including lease acquisition and disposition, subleasing, and purchasing.

A Chicago native and resident of Fort Lauderdale, Yates is an entrepreneur, investor and real estate broker in the state of Florida. He joins Berger Commercial Realty with a background in digital marketing and supply chain management. Prior to his career in real estate, Yates worked with small businesses and corporate customers spanning healthcare, retail, hospitality and enterprise customers on web development, online lead generation, and consumer product development and manufacturing.

Previous clients he has serviced include the U.S. Department of Commerce, Marriott, Walgreens, and RHA Electronics, Lettuce Entertain You, and Home Depot.

“Jordan’s work ethic and experience will serve him well as his real estate career continues to take shape in South Florida. I am excited to be a part of his growth and continued success,” commented President and Founder Lloyd C. Berger.

Mr. Yates earned bachelor’s degrees in economics and political science from Wheaton College, Illinois.

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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 (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Intern Spotlight – Meet Our Summer Intern, Nicholas Reyes

Posted on by Berger Commercial Realty

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Meet our Summer intern, Nicholas Reyes. He is a recent graduate from Florida International University with a major in Bachelor of Business Administration in Real Estate. He is thrilled to be gaining experience within the Commercial Real Estate industry, especially since his long-term career goal is to work in the field.

How did this opportunity with Berger Commercial Realty come about for you?
I first heard about Berger from a close family friend, Mauricio Dominguez. He knew that I had graduated and sent me the LinkedIn Post about the opportunity.

What was it that interested you in interning at Berger Commercial Realty?
After graduating from FIU, I knew that I wasn’t interested in going the residential route in real estate. So when I found out about this position, and that it was in the commercial field, I knew it was the perfect opportunity to learn and gain experience.

What do you expect to get out of this experience?
I am looking forward to learning about the intricacies of commercial real estate as well as more about the market and how it reacts to external variables.

What do you like most about interning at Berger?
So far, I have enjoyed all the different aspects of interning at Berger from inputting deals to the office environment. However, if I had to choose one aspect I really enjoy is going to showings with the team and meeting the other brokers and their clients. That for me has been the most exciting.

 

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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 (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

 

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Berger Commercial Realty’s Gina Yehuda, VP Of Property Management, Celebrates 20 Years

Posted on by Berger Commercial Realty

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Gina joined Berger Commercial Realty in June 2002 as a Vice President of Property Management specializing in government contract-related projects. She brings to the firm extensive lease transaction experience in analyzing significant and unique contract requirements, special provisions, terms and conditions to ensure compliance with appropriate laws, regulations, and corporate policies.

Gina has over twenty years experience in the real estate management field with multi-functional expertise in managing costs, meeting contract schedules as well as managing risk, performance, quality, profit project management, tenant relations, and expenditure management.

 

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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 (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

 

Gina’s breadth of experience and expertise allows her to provide construction management skills to our commercial and institutional clients. Ms. Yehuda has contracted for and supervised the design and construction of tenant improvements/renovations to accommodate tenants and agencies including the Department of Revenue, Department of Corrections, Department of Juvenile Justice, Department of Health, Army Corps of Engineers, USDA, and the Department of Highway Safety & Motor Vehicles. Ms. Yehuda’s most recent project included the construction of the new Department of Corrections’ 5,855 SF facility in Lauderdale Lakes.

“Gina possesses the experience and tenacity to be a force to be reckoned with in the South Florida property management arena,” said Berger Commercial Realty President Lloyd Berger. “We are very fortunate to have her on our team.”

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Berger Commercial Realty’s Keith Graves, St. George Guardabassi Negotiate Sale Of Free-Standing Fort Lauderdale Retail Property

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Senior Vice Presidents Keith Graves, CCIM and St. George Guardabassi represented seller J & RI AND SON, LLC in the sale of a free-standing retail property located at 701 E Sunrise Blvd. in Fort Lauderdale, Florida.

FORT LAUDERDALE JIU-JITSU LLC purchased the 2,500-square-foot building, which is situated on a 18,217-square-foot lot, for $1,812,500, with plans to renovate the currently vacated space into a Jiu-Jitsu facility.

The deal closed June 15.

The 1967-built property features 77 feet of frontage on E Sunrise Blvd and is conveniently located within close proximity to fastest growing neighborhood, Flagler Village.

Guardabassi said, “The Buyer recognized that this location on Sunrise Boulevard offered his business nearly unlimited growth potential with the many new developments planned including the Sears Town site and Galleria Mall.”

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 (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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Berger Commercial Realty’s Bill McGee III and Jordan Beck Negotiate Sale Of Former Animal Hospital

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Senior Vice President Bill McGee III and Sales Associate Jordan Beck represented the seller, Meilan Holdings , LLC., in the sale of a 2,898-square-foot medical office building located at 1100 S. Federal Highway in Fort Lauderdale, Florida.

East Broward Dental PA paid $2,025,000 for the property.

“The property formerly operated as an animal hospital since 1960, explained McGee. “It will, serve the buyer very well given the building’s great visibility on Highway US 1. It’s unique location on US 1 and Ponce De Leon Blvd make it very strategically located in the heart of Fort Lauderdale.”

The building is situated on a 17,920-square-foot lot.

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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.

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Berger Commercial Realty’s Jordan Beck Reps Seller In $20 Million Industrial Portfolio Sale

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Sales Associate Jordan Beck represented the seller, Issie Wiseman, as well as the buyer in the sale and purchase of a 112,000-square-foot small bay industrial portfolio.

Rubin Real Estate Group paid $20,245,420 for the portfolio, which includes the following properties:

1. 1301 S. Dixie Highway E, Pompano Beach: a 12,570-square foot Class C manufacturing building built in 1976
2. 825 NE 42nd St, Deerfield Beach: a 10,446-square-foot Class C warehouse building built in 1971
3. 601-605 NW 31st Ave, Pompano Beach: a 28,800-square-foot Class C warehouse building built in 1983
4. 1840-1862 NW 29th St, Oakland Park: an 18,000-square-foot Class C warehouse building built in 1972
5. 2420-2430 NW 16th Ln, Pompano Beach: a 10,000-square-foot Class B warehouse building renovated in 2014 and a 11,000-square-foot Class C warehouse building built in 1979
6. 5400-5404 NW 10th Ter, Fort Lauderdale: a 10,429-square-foot Class C light manufacturing building built in 1985

The transaction closed May 27.

“The portfolio fulfills a 1031 exchange for the buyer that sold properties in Miami-Dade County and saw more opportunity and upside in the small bay industrial market in Broward County,” explained Beck.

The buyer plans to improve the properties and stabilize the rent rolls with effective ownership and management.

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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.

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Berger Commercial Realty’s Jordan Beck Negotiates Sale/Purchase Of Pompano Beach Industrial Facility

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Sales Associate Jordan Beck represented the seller, RM-JM Enterprises, as well as the buyer, Auburn Manor LLC, in the sale and purchase of a 31,600-square-foot industrial property.

The 1986-built property, which is situated on 1.65 acres at 1301 SW 2nd St. in Pompano Beach traded for $6,150,000.

The seller, which operates a business, Roadway Tire, at the property, will be leasing back 22,000 square feet. The buyer plans to stabilize the remainder of the property with one additional tenant.

“The property sold at a great price and the transaction worked out optimal for all parties,” commented Beck. “The buyer was able to fulfill a 1031 exchange while the seller was able to divest from the property and continue to operate his business at the location.”

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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.

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Berger Commercial Realty’s Steve Hyatt Negotiates $7.2 Million Sale Of Fort Lauderdale Development Site

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller, RWL 8, LLC, in the sale of a 73,595-square-foot parcel located at 901 East Sunrise Boulevard in Fort Lauderdale, Florida.

The property is located directly on East Sunrise Boulevard near downtown Fort Lauderdale and the new Searstown mega project. The front portion of the parcel is currently occupied by Hertz Rent a Car while the rear portion is vacant land.

Buyer 220145 LLC, which was represented by Kimberly Barbar of Stiles Realty Co., paid $7,225,000 for the property and is planning a retail development on the parcel.

The deal closed May 31.

“This sale continues the trend of the purchase of land or buildings on Federal Highway and Sunrise Boulevard for redevelopment spreading north from downtown and The Flagler Village area,” commented Hyatt.

The transaction marks the second large land sale Hyatt has completed for the seller. The prior sale was in Flagler Village area for the Modera 555 assemblage.

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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.

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Berger Commercial Realty’s Michael Feuerman, Daniel Silver Secure Third Location For Bayview Therapy

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Managing Director-Palm Beach County Michael Feuerman, Esq., SIOR, CCIM and Sales Associate Daniel Silver represented tenant Bayview Therapy in a 1,860-square-foot long-term lease deal at 1776 N. Pine Island Road in Plantation, Florida.

Bayview Therapy is a multi-disciplinary psychotherapy practice with psychologists and mental health professionals specializing in individual counseling, couples counseling, family counseling, and psychological evaluations. The new space will serve as Bayview Therapy’s third office, as they expand in South Florida to better serve their patients.

“We’re glad to help Bayview Therapy open their third office, allowing them to better help clients across all of Broward County,” commented Feuerman.

Andrew Ackerman and Timothy Talbot with ComReal represented the landlord, JIK Pine Island 1776, LLLP, in the lease deal.
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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.

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Berger Commercial Realty’s Joseph Byrnes Negotiates Sale Of Former Printing Facility

Posted on by Berger Commercial Realty

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Berger Commercial Realty/Corfac International Senior Vice President Joseph P. Byrnes represented the seller,
Bema, Inc., in the sale of the Minuteman Press building located at 2301 S. Andrews Ave. in Fort Lauderdale, Florida.

Harley Depot, LLC, represented by Bobbi Ocean with Galleria International Realty, paid $780,000 for the 1965-built free-standing retail building.

“Interest in this property was strong and this sale serves as another example that the SOLO District and S. Andrews Avenue is finally ripe for investment and redevelopment,” commented Byrnes.

The deal closed May 4.

The 2,680-square-foot building is situated on 3,961 square feet of land. The buyer intends to renovate and lease the property.

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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.

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