Longpoint Partners Names Berger Commercial Realty Exclusive Leasing Representative For 425,000 SF Broward Industrial Building Portfolio
Berger Commercial Realty/Corfac International has been entrusted as the exclusive leasing representative for a portfolio of industrial properties in Broward County. This assignment comes on the heels of BCRC’s successful representation of two other assignments for LongPoint which totaled 117,000 sqft.
Senior Vice Presidents Keith R. Graves, CCIM, SIOR and Jonathan Thiel as well as Sales Associates Daniel Forman and Lawrence Oxenberg will spearhead the leasing initiatives for a diverse range of buildings within the portfolio, each showcasing unique characteristics and strategic locations. Highlighted properties in the portfolio include:
• Parkway Commerce Center, comprising 239,348 square feet, located at 1919 NW 19th Street in Fort Lauderdale
• Prospect Park, spanning 75,770 square feet, situated at 3420-3470 NW 53rd Street in Fort Lauderdale
• Lauderhill Commerce Center, totaling 53,298 square feet, positioned at 3645-3699 & 3698 ½ N 15th Street & NW 167th Street in Lauderhill
• Palm Crossing North, encompassing 56,559 square feet, found at 3520-3560 NW 56th Street in Fort Lauderdale
This exclusive leasing role follows Longpoint Partners’ recent purchase of a Dade and Broward portfolio of 1,393,972 sqft from Seagis Property Group, headquartered in Pennsylvania. Longpoint Partners is a well-established, Boston-based real estate private equity firm.
Speaking on the selection of Berger Commercial Realty, Senior Vice President Keith R. Graves comments, “Our appointment reflects Longpoint’s confidence in Berger Commercial Realty’s proven track record and expertise in the South Florida market. With 424,974 leasable square feet in the industrial portfolio, we are poised to recalibrate rents to market norms and help to strategically reposition these assets, thereby enhancing investor value and maximizing the portfolio’s potential.”
For leasing information please contact Berger Commercial Realty 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 (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.
