550 S. Andrews Avenue, Suite 400, Fort Lauderdale, FL 33301
- 8Dec
2016
Judy Dolan answers: What is dock high loading? Berger Commercial Realty
https://youtu.be/zumZy8WycWw Dock high loading is the most common type of loading in warehouses. This refers to the standard height of 48 inches from the ground to the floor of a warehouse. A standard shipping container is generally that height.
- 6Dec
2016
Roxanne Collins answers: What is free rent in a commercial lease? Berger Commercial Realty
https://youtu.be/SsH_dZFrII8 Free rent is a concession to sweeten the deal. It could be a concession of gross monthly rent, or net monthly rent, depending on what the negotiations are.
- 1Dec
2016
Michael Feuerman answers: How much does it cost to hire a broker? Berger Commercial Realty
https://youtu.be/ObjceQeejwQ The cost to hire a broker varies from market to market. Generally speaking in South Florida, the cost to hire a broker is paid by the landlord or the seller of the property. For sale properties, it's generally five to six percent of the full sale price. For lease properties, it's generally four…
- 29Nov
2016
Steve Hyatt answers: Why choose a smaller regional commercial brokerage firm like Berger Commercial Realty, over a large, national real estate brokerage firm? Berger Commercial Realty
https://youtu.be/qj34_akH62o Well I've actually worked for both, and I think it boils down to two reasons. First of all, it's a local business. You have to have a local broker who knows the market, knows the market conditions, knows the landlords, and tenants, knows the owners, and occupiers, you need to know who ...…
- 22Nov
2016
Robert Dabrowski answers: If there is a written lease, do I need to give notice about terminating tenancy at the end of the lease? Berger Commercial Realty
https://youtu.be/FgCjDJlI2oU Generally speaking, it's a courtesy to give thirty days' written notice by either the tenant and/or the landlord, unless stipulated in the lease.
- 17Nov
2016
St.George answers: What are some of the mistakes people make when searching for commercial property? Berger Commercial Realty
https://youtu.be/D9ADzZ17xK0 There are a number of common mistakes that people make when searching for commercial property. Many people overestimate the amount of space that they need. They also look at too large a geographic area for their space needs, and they don't understand the true size of the offices that they require. Many times…
- 14Nov
2016
Berger Commercial Negotiates More Than 20,500 SF In Lease Transactions Berger Commercial Realty
[vc_row][vc_column][vc_column_text] Berger Commercial Realty recently secured 20,580 square-feet in lease transactions on behalf of landlords in Broward and Palm Beach counties. Harbor Walk Senior Vice President Steve Hyatt represented Intervest Harbor Walk, LLC in leasing 4,360 square-feet of office space to AJT Media, Inc. at Harbor Walk, located at 1650 S.E. 17th Street in Fort…
- 10Nov
2016
Steve Hyatt answers: As a Landlord, why would I want to give a tenant free rent instead of a lower rental rate when leasing office, retail, or warehouse space? Berger Commercial Realty
https://youtu.be/9EOQs7HGGeU As a landlord, the reason that you want to give free rent in lieu of a lower base rent, there's a couple of reasons. First of all, you want to be able to offer free rent as an incentive to lure the tenant in but keep that face rent high, because that's what…
- 9Nov
2016
Robert Dabrowski answers: A building I am considering is occupied by several commercial tenants. If I buy the building, can I evict them? Berger Commercial Realty
https://youtu.be/dvLdKZ3N_YU You can evict month to month tenants pursuant to Florida statute.
- 7Nov
2016
Berger Commercial Realty Facilitates Purchase Of 1.75 Acres For $3.6 Million Berger Commercial Realty
[vc_row][vc_column][vc_column_text] Berger Commercial Realty Senior Vice President Steve Hyatt represented Alco International Group, LLC, Driftwood Hospitality Management and Eurobuilding Hotels Group in the $3.6 million purchase of 1.75 acres of land at 350 E. State Road 84 in Fort Lauderdale from Sailorman Properties II, LLC, represented by Ryan Mueller of RJM Realty. The transaction…
- 3Nov
2016
Michael Feuerman answers: How can using a broker help me if I am looking for space to buy? Berger Commercial Realty
If you're in the market to buy commercial property, having a broker is very important. A broker will serve several functions and bring you several advantages. First, they know the inventory in the market. They know what buildings are for sale. They know what buildings are off market, but might be for sale.…
- 3Nov
2016
Berger Commercial Realty’s Roxanna Collins Reps Florida Iron Doors In 12,000 SF Lease Deal Berger Commercial Realty
Berger Commercial Realty Broker Associate Roxanna Collins represented Florida Iron Doors in leasing 12,349 square-feet of space from Ivy Quorum Property, LLC at the Quorum Business Park, located at 620 to 852 S. Military Trail in Deerfield Beach. A manufacturer and supplier of hurricane and impact resistant wrought iron doors, Florida Iron Doors relocated its…
- 1Nov
2016
Jonathan Thiel answers: How are commercial real estate brokers compensated? Berger Commercial Realty
Commercial real estate brokers are compensated on a commission basis by the percentage of the transaction they complete. For example, a commercial real estate broker can sell a million dollar office building, and then make a percentage of that transaction. If it's 3%, they would make $30,000 of that million dollar transaction.
- 31Oct
2016
Berger Commercial Realty Awarded Leasing Assignment For New Distribution Center Berger Commercial Realty
[vc_row][vc_column][vc_column_text]Berger Commercial Realty was awarded the leasing assignment for Bergeron Family of Companies’ new Bergeron Distribution Center in Pembroke Pines. Senior Vice President Keith Graves and Broker Associate Greg Milopoulos will serve as the exclusive leasing agents for the 170,373-square-foot, class-A distribution warehouse, which is scheduled for completion by the end of the second quarter…
- 28Oct
2016
Distribution center breaks ground on west side of county Berger Commercial Realty
Bergeron Properties & Investment Corp. has broken ground on a spec distribution center on the western side of Pembroke Pines. Located on the 9.1-acre site at 19700 Stirling Road — just east of U.S. 27 — the Bergeron Distribution Center will total 170,373 square feet. This is the first phase of a $137 million…
- 27Oct
2016
Developer of luxury condos plans to build hotel in Fort Lauderdale Berger Commercial Realty
A developer building luxury condos in Fort Lauderdale has purchased more land in the city — but this time for a hotel. Through an investment firm, Grupo Alco paid $3.6 million for 1.75 acres at 350 E. State Road 84, just west of Federal Highway, 2 miles from Fort Lauderdale-Hollywood International Airport and less…
- 27Oct
2016
John Forman answers: What is the difference between ceiling height and clear ceiling height? Berger Commercial Realty
The difference between ceiling height and clear ceiling height is that the ceiling high as measured from the floor to the underside of the roof, and clear ceiling height is measured from the floor to the underside of the lowest hanging object on the ceiling, whether that be a light or a sprinkler…
- 25Oct
2016
Berger Commercial Realty Negotiates Two-Acre Land Lease Berger Commercial Realty
[vc_row][vc_column][vc_column_text] Berger Commercial Realty Senior Vice President Joseph Byrnes and Sales Associate John Forman represented Forman Industrial Land, LLC in leasing two acres of industrial land to SoFla Trucking, Inc. at East Rock Pit, located on Reese Road at the southwest corner of Florida’s Turnpike and I-595 in Davie. East Rock Pit is part of…
- 18Oct
2016
Lloyd Berger answers: What is Berger Commercial Realty’s full range of services? Berger Commercial Realty
Berger Commercial provides sophisticated third-party commercial real estate services for office, retail, industrial, and investment properties. We specialize in both tenant and landlord representation as well as receivership services.
- 13Oct
2016
Joseph Byrnes answers: What is a holdover tenant? Berger Commercial Realty
A holdover tenant is a tenant who is in occupancy of their premises beyond their lease expiration date, and a lot of times if a holdover tenant is there, they may be subject to additional rent, a lot of times it's 200% of what they were currently paying at the end of their…