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Tag: Berger Commercial Realty

Tag: Berger Commercial Realty

Berger Commercial Realty Facilitates $2.2M Mixed-Use Property Sale in Fort Lauderdale’s Flagler Village

Posted on by Berger Commercial Realty

Fort Lauderdale, FL – May 22, 2025 – Steve Hyatt, Senior Vice President at Berger Commercial Realty/CORFAC International, successfully represented the seller in the $2,200,000 sale of a fully renovated mixed-use industrial property located in the heart of Fort Lauderdale’s Flagler Village neighborhood.

The transaction, which closed on May 22, involved a 4,502-square-foot live-work, loft-style commercial building at 437 NW 1st Avenue. Originally constructed in 1958 and modernized in 2018, the property combines vintage architectural elements with contemporary upgrades, making it a standout asset in this rapidly developing district.

The seller, the Charles L. Peet Revocable Trust, was represented by Hyatt, while the buyer, Ronald Marks, was represented by Matt Lyons of Expedited Development Services LLC.

The final sales price of $2.2 million, or approximately $489 per square foot, reflects continued demand for well-located mixed-use commercial real estate in Flagler Village —a neighborhood known for its walkability, creative community, and blend of residential, retail, and office space.

“Flagler Village continues to be a very desirable location to live and work,” said Hyatt. “This sale highlights the strength of the market and the unique appeal of mixed-use properties in this growing Fort Lauderdale neighborhood.”

About Flagler Village

Flagler Village is one of Fort Lauderdale’s most dynamic and fast-growing urban areas. Once a warehouse district, it has transformed into a walkable and art-centric community featuring modern lofts, creative office spaces, galleries, restaurants, and vibrant nightlife. Its location just north of Downtown Fort Lauderdale makes it a hotbed for real estate investment and development.

Work with Steve Hyatt

Looking to buy, sell, or lease commercial property in Fort Lauderdale or throughout South Florida? Steve Hyatt brings decades of experience, deep market knowledge, and a strong track record in mixed-use, office, and industrial real estate.

Contact Steve today to discuss your commercial real estate goals.

Broward Industrial Real Estate Forecast: Vacancy, Rents, and Trends in 2025

Posted on by Berger Commercial Realty

Berger Commercial Realty provides an in-depth look at the current state of Broward County’s industrial real estate market in 2025. With strong demand, rising rents, and new supply in the pipeline, we outline what’s happening now and what to expect in the second half of the year.

What is the industrial vacancy rate in Broward County in 2025?

The industrial vacancy rate in Broward County is currently 4.1 percent as of the end of Q1 2025. This marks a slight increase from 4.0 percent in Q1 2024, primarily due to new supply hitting the market. Despite this, demand remains consistent across key submarkets.

What are the average asking rents for industrial space in Broward County?

Average asking rents have reached 15.48 per square foot, up 4.7 percent from the same time last year. Fort Lauderdale leads with asking rents of 16.22 per square foot. Coral Springs has experienced a slight decline, now averaging 14.84 per square foot.

Which cities in Broward County have the highest and lowest industrial vacancy rates?

  • Pompano Beach: 2.5 percent vacancy
  • Coral Springs: 4.1 percent vacancy
  • Sunrise/Lauderhill: 6.2 percent vacancy (highest)

How much new industrial space is being developed in 2025?

More than 1.3 million square feet of industrial space is under construction in Broward County, most of which is concentrated in the Pompano Beach submarket. Only 8.7 percent of this space is preleased as of Q1 2025, suggesting that vacancy may temporarily rise later this year.

Is now a good time to invest in Broward industrial real estate?

The market remains attractive to investors due to its long-term growth fundamentals. Broward County recorded over 34,000 square feet in positive net absorption in Q1. Total commercial sales volume increased 32 percent year-over-year to 2.9 billion dollars, with industrial deals leading the charge in Fort Lauderdale.

What is the forecast for the Broward industrial market in the second half of 2025?

We anticipate a moderate shift toward equilibrium as new construction deliveries increase available inventory. Vacancy may rise slightly in submarkets with large developments, such as Coral Springs and Pompano Beach, particularly if leasing activity slows. However, high-demand areas like Fort Lauderdale and Southwest Broward are expected to maintain low vacancies and see continued rent growth.

Occupiers may see more options as the year progresses, particularly in Class A distribution and warehouse space. For investors, the second half of 2025 could offer opportunities to acquire stabilized assets or new deliveries with leasing upside. Supply chain resilience and last-mile logistics demand continue to drive interest in well-located industrial assets throughout Broward County.

Get Expert Insights from Berger Commercial Realty/CORFAC International

For tailored guidance, site selection, or investment strategies in Broward County’s industrial market, connect with our team. Berger Commercial Realty is proud to serve as a trusted partner for owners, tenants, and investors throughout South Florida.

Contact us today to speak with a local expert.

What does CAM mean in a commercial lease?

Posted on by Berger Commercial Realty

CAM, or Common Area Maintenance, refers to the additional fees tenants pay on top of base rent to cover the upkeep of shared spaces in a commercial property. These areas often include lobbies, hallways, elevators, restrooms, parking lots, landscaping, and security. CAM charges are common in retail centers, office buildings, and multi-tenant industrial parks where multiple businesses occupy a single property.

CAM expenses are usually prorated based on the square footage a tenant occupies relative to the total leasable space. For example, if a tenant leases 10 percent of a shopping center, they may be responsible for 10 percent of the property’s common area maintenance costs. These charges help ensure that shared spaces are clean, safe, and functional for all tenants and their customers or clients.

Commercial leases may include CAM as part of a triple net lease, where tenants pay base rent plus taxes, insurance, and maintenance. Alternatively, in modified gross leases or full-service leases, CAM charges may be bundled into the total rent or partially passed through based on negotiated terms. Understanding how CAM fees are calculated and what they cover is essential for budgeting and negotiating lease agreements.

Tenants should always review the lease agreement for details about CAM reconciliations, caps, and exclusions. Some landlords include management fees, capital improvements, or administrative overhead in CAM, while others limit it to direct maintenance costs. Clarifying these terms upfront can prevent disputes and ensure transparency.

Need help understanding CAM charges or negotiating your commercial lease?
Contact Berger Commercial Realty for expert lease analysis and representation.

Lakes Merchandise Mart Welcomes Specialty Products and Insulation (SPI) in Recent Lease Transaction

Posted on by Berger Commercial Realty

Lakes Merchandise Mart Welcomes Specialty Products and Insulation (SPI) in Recent Lease Transaction

Fort Lauderdale, FL – May 2025 – Berger Commercial Realty is pleased to announce a new lease transaction at Lakes Merchandise Mart, located at 3999-3849 NW 19th Street, Lauderdale Lakes. The 7-acre site features two buildings encompassing approximately 163,000 square feet of prime industrial and flex space. Recently, Specialty Products and Insulation (SPI) secured one of the available spaces, joining a robust roster of tenants that continue to drive momentum at this thriving property.

Major Property Enhancements Drive Leasing Activity

Since taking over leasing efforts in 2023, Berger Commercial Realty has worked closely with the landlord to implement major property improvements, including:

  • LED lighting upgrades for enhanced energy efficiency.
  • Parking lot repaving for better accessibility and aesthetic appeal.
  • Planned exterior repainting in late 2025, ensuring the property maintains a fresh, modern look.

These enhancements have positioned the property as a premier location for industrial and flex space in Lauderdale Lakes. Since Q4 2024, Berger Commercial has successfully leased over 28,000 square feet, further solidifying the site’s reputation as a hot property where deals are getting done.

SPI Joins the Growing Tenant Community

SPI, a leading provider of insulation and specialty products, recognized the strategic value of Lakes Merchandise Mart’s location and state-of-the-art facilities. Their lease represents the latest in a series of transactions that showcase the site’s versatility and market appeal.

“We are thrilled to welcome SPI to Lakes Merchandise Mart,” said Jake Michels, Sales Associate at Berger Commercial Realty. “Their decision to lease at the property is a testament to the enhancements we’ve made and the exceptional value this space provides.”

Discover Your Space at Lakes Merchandise Mart

With 15,000 +/- SF still available, Lakes Merchandise Mart continues to attract interest from businesses seeking well-managed, strategically located industrial and flex space in South Florida. For leasing opportunities, contact Berger Commercial Realty to schedule a tour.

 

What’s My Warehouse Worth in Fort Lauderdale?

Posted on by Berger Commercial Realty
Wondering what your warehouse is worth in Fort Lauderdale? In 2025, South Florida’s industrial market is hotter than ever, with Fort Lauderdale standing out as a prime location for warehousing. Whether you plan to sell, refinance, or simply assess your property’s market position, understanding its value is crucial. In this article, we break down the key factors affecting warehouse value and how you can get a reliable estimate.

What Affects Warehouse Values?

Several key factors shape the value of warehouses in Fort Lauderdale:

  • Location & Logistics Access: Proximity to I-95, Port Everglades, and the airport dramatically boosts value.
  • Building Specs: Clear height, dock configuration, and square footage layout impact usability and pricing.
  • Zoning & Permits: Flexibility in usage (storage, light manufacturing, cold storage, etc.) is increasingly important.
  • Occupancy Status: Owner-occupied vs. leased properties will value differently based on net operating income (NOI).
  • Condition & Upgrades: Roofing, loading doors, energy efficiency, and recent renovations all factor in.

How Do I Get a Broker Opinion of Value for My Fort Lauderdale Warehouse?

The best way to understand your warehouse’s value in Fort Lauderdale is to request a Broker Opinion of Value (BOV). At Berger Commercial Realty/CORFAC International, we provide customized BOVs that include:

  • Comparable sales in your submarket
  • Current lease rates and tenant demand
  • Detailed analysis of your building’s strengths and challenges

A BOV is not a formal appraisal, but it’s an essential tool for property owners evaluating sale timing, partnership exit strategies, or refinancing opportunities.

Are Warehouses in Demand in Fort Lauderdale in 2025?

Yes—especially in Fort Lauderdale. As of Q1 2025, Broward County’s industrial vacancy rate remains below 4%, with absorption heavily concentrated in centrally located areas like Fort Lauderdale, Pompano Beach, and Dania Beach. Lease rates are rising quarter-over-quarter, especially for properties under 50,000 square feet with openlayouts and loading access.

Investor demand is strong, with institutional buyers and regional users actively acquiring warehouse space in Fort Lauderdale, particularly near major highways and logistics corridors.

Get Your Free Broker Opinion of Value for Your South Florida Warehouse

If you’re curious about what your warehouse is worth in Fort Lauderdale, we can help. Berger Commercial Realty has helped hundreds of South Florida property owners make smart decisions based on real-time data, local expertise, and industry-leading insight.

📞 Contact us today to schedule a no-obligation BOV consultation.

Looking for Commercial Property Management in Fort Lauderdale? Here’s Why Berger Commercial Realty Is the Trusted Choice

Posted on by Berger Commercial Realty

If you’re a property owner, investor, or landlord in search of commercial property management in Fort Lauderdale, you need a team that knows the local market, understands your asset class, and delivers results. Since 1998, Berger Commercial Realty has been that partner for clients across Broward, Miami-Dade, and Palm Beach counties.

Headquartered in Fort Lauderdale, our firm has built a reputation for delivering full-service commercial property management with a focus on performance, tenant retention, and operational excellence. From industrial parks in Pompano Beach to retail centers in Miami and office properties in Boca Raton, we manage assets of every type across South Florida’s most in-demand markets.

Why Choose Berger for Commercial Property Management in Fort Lauderdale

  • Local expertise: Based in Fort Lauderdale since 1998, we know the market block by block.
  • Decades of experience: Over 25 years managing millions of square feet across South Florida.
  • Responsive operations: Our team handles everything from budgeting to vendor relations and inspections.
  • Regional reach: We manage properties from Palm Beach to Miami with a centralized, scalable approach.
  • Consistent recognition: Named a top property management firm by the South Florida Business Journal for over a decade.

Looking for a Proven Property Management Partner?

Berger Commercial Realty has been consistently ranked among South Florida’s top commercial property management firms for over 10 years. Based in Fort Lauderdale and serving the entire tri-county region, our experienced team manages millions of square feet with precision, transparency, and care.

Contact us today to see how we can help protect and grow your commercial real estate investment.

What Our Commercial Property Management Services Cover in Fort Lauderdale

We offer tailored property management strategies designed to meet your specific operational goals. Our services include:

  • Day-to-day facility operations and maintenance oversight
  • Lease administration and tenant communications
  • Budgeting, CAM reconciliation, and financial reporting
  • Capital improvement coordination and vendor management
  • 24/7 emergency response coverage throughout Broward County

Our South Florida Service Area: From Fort Lauderdale to Miami and Palm Beach

Berger Commercial Realty actively manages commercial properties throughout Fort Lauderdale and the broader South Florida region. We serve property owners and investors in Pompano Beach, Davie, Hollywood, Boca Raton, West Palm Beach, and Miami—delivering consistent results in both urban and suburban markets.

Our long-standing reputation for responsiveness, professionalism, and market knowledge makes us the preferred property management provider for institutional investors, private owners, and national tenants alike.

Contact Berger Commercial Realty today to learn more about our commercial property management services in Fort Lauderdale and across South Florida.

Since 1998, Berger Commercial Realty has been Fort Lauderdale’s trusted name in commercial property management. Let our team help protect and enhance the value of your asset.

About Berger Commercial Realty / CORFAC International

Berger Commercial Realty is a full-service commercial real estate firm headquartered in Fort Lauderdale, Florida. Established in 1998, our firm provides a wide range of services including property management, landlord and tenant representation, investment sales, and receivership throughout South Florida. With a team of over 65 professionals, we manage millions of square feet of office, industrial, retail, and mixed-use properties.

We are also a proud affiliate of CORFAC International, a global network of independently owned commercial real estate firms with offices in more than 80 markets worldwide. Through this affiliation, we combine local expertise with global reach to provide seamless, scalable service for our clients.

What Is a Court-Appointed Receiver?

Posted on by Berger Commercial Realty

 

What Is a Court-Appointed Receiver? A Guide for Property Owners, Lenders, and Legal Professionals

A court-appointed receiver is a neutral third party—typically a real estate or financial professional—designated by a judge to manage a property or business that is in financial or legal distress. The receiver preserves the asset’s value, stabilizes operations, and ensures transparency during ongoing litigation or foreclosure proceedings.

When Is a Receiver Appointed?

Receivers are commonly appointed in legal cases involving foreclosure, bankruptcy, commercial disputes, or mismanagement. When ownership is in conflict or when a lender seeks to protect collateral, courts appoint receivers to take charge of the property and act as fiduciaries for all stakeholders.

The Receiver’s Responsibilities

A court-appointed receiver’s duties may vary by case, but typically include:

  • Taking custody and control of the asset
  • Managing lease agreements and collecting rents
  • Overseeing repairs, maintenance, and day-to-day operations
  • Negotiating with tenants and vendors
  • Reporting regularly to the court and involved parties

Receivership Services by Berger Commercial Realty

At Berger Commercial Realty, we’ve built a legacy of trust in the court-appointed receivership space. Lloyd Berger, SIOR, our founder, has personally served as receiver for more than 150 properties across South Florida, including office buildings, industrial assets, multifamily complexes, and mixed-use projects.

Our dedicated receivership division, Berger Special Assets (a subsidiary of Berger Commercial Realty / CORFAC International), has successfully handled over 200 court appointments since its launch in 2008. From managing bankruptcy trusteeships to facilitating deeds in lieu, we’ve helped lenders, courts, and trustees recover and reposition distressed assets efficiently.

With a 45+ person team and a full-service commercial real estate platform, we act quickly to secure assets, deliver professional management, and—when appropriate—position properties for lease or sale.

Why Choose Berger for Receivership?

  • Proven Track Record: 200+ successful court appointments and turnarounds
  • Full-Service Capability: Property management, leasing, repositioning, and sales
  • Legal Acumen: In-depth knowledge of foreclosure law, court orders, and fiduciary responsibilities
  • Rapid Deployment: We stabilize distressed properties fast to protect value

Need a Court-Appointed Receiver?

Berger Commercial Realty and Berger Special Assets are trusted by judges, lenders, and legal professionals throughout Florida. If you need receivership services, expert guidance, or asset stabilization, contact us today.

Knowing what a court-appointed receiver does is only half the battle—choosing the right one can determine the outcome.

Berger Commercial Realty Awarded Property Management Assignment for Congress Corporate Plaza I in Boca Raton

Posted on by Berger Commercial Realty

 

 

Berger Commercial Realty, a top-rated commercial property management firm in South Florida, is proud to announce it has been selected as the exclusive property management provider for Congress Corporate Plaza I, a premier office condominium complex located at 901–949 Clint Moore Road in Boca Raton.

Property Details: The site features 87,163 square feet of professional office space, purpose-built for prestige and productivity in one of South Florida’s most competitive corporate markets.

Premium Office Property Management in Boca Raton

Located in the heart of Boca Raton’s business corridor, Congress Corporate Plaza I is home to a wide range of professional users, drawn to its upscale design, flexible office layouts, and excellent regional access. Just minutes from I-95 and executive residential neighborhoods, the property is ideally positioned for long-term tenant success.

Under Berger’s management, tenants and owners alike can expect enhanced service, reduced operating costs, and efficient day-to-day operations that support asset value and occupancy rates.

Why Berger Commercial Realty?

As one of the leading property management companies in South Florida, Berger Commercial Realty brings decades of hands-on experience managing office, industrial, and retail properties across Miami-Dade, Broward, and Palm Beach counties. Our local expertise, vendor relationships, and tenant-focused approach create lasting value.

  • Daily operations and maintenance
  • Tenant retention and communications
  • Budgeting and financial reporting
  • Contractor and vendor oversight
  • Capital improvement planning

Serving All of South Florida

Whether you’re an institutional investor, private equity firm, or condominium association, Berger offers full-service South Florida property management solutions that scale with your goals. From Fort Lauderdale to Boca Raton and beyond, we’ve built our reputation on performance, integrity, and results.

Looking for expert property management in Boca Raton or anywhere in South Florida?
Contact Berger Commercial Realty today to discover how we can elevate your property’s performance.

 

Commercial Property Management in South Florida: Why Experience Matters

Posted on by Berger Commercial Realty

Berger Commercial Realty is the trusted name for commercial property management across South Florida, delivering high-performance results for office, industrial, and retail assets in Broward, Palm Beach, and Miami-Dade counties.

Commercial property management in South Florida is complex, competitive, and fast-paced. Owners, investors, and landlords across Fort Lauderdale, Miami, West Palm Beach, and surrounding markets rely on Berger Commercial Realty to deliver best-in-class property management services that improve tenant retention, reduce operating expenses, and preserve long-term asset value. As one of the leading commercial property management companies in South Florida, we bring hands-on experience, market intelligence, and white-glove service to every asset under our care. If you’re seeking a responsive, full-service team that specializes in commercial real estate management in South Florida, look no further than Berger.

Why Berger Commercial Realty Is South Florida’s Property Management Leader

Unmatched Local Market Expertise

Our team understands the nuances of commercial property management in South Florida. From hurricane preparedness to tenant expectations, our on-the-ground experience in Broward, Miami-Dade, and Palm Beach counties ensures nothing gets missed. We know what keeps properties running smoothly and tenants renewing leases.

Custom Management Strategies for Every Asset

At Berger Commercial Realty, we never use a one-size-fits-all model. Our property management services are tailored to your building type, tenant mix, and ownership goals. From daily operations to capital planning, our team takes a comprehensive, customized approach to South Florida commercial real estate management.

Tenant Satisfaction Drives Retention

Tenant experience is central to our strategy. Happy tenants are long-term tenants. We respond quickly to service requests, conduct regular inspections, and maintain high standards for property appearance. In a competitive market like South Florida, tenant relationships make the difference.

Transparent Reporting and Accountability

We provide detailed financial reporting, real-time budget tracking, and monthly owner updates. Whether you own a retail center in Miami or a portfolio of office buildings in Fort Lauderdale, our financial transparency makes us a trusted name in commercial property management services.

Managing Office, Industrial, and Retail Properties in South Florida

Each asset class we manage requires a different approach. Our team at Berger Commercial Realty brings in-depth knowledge and proven strategies for handling office, industrial, and retail properties across South Florida’s core markets.

Office Property Management

Office properties in South Florida demand attention to detail, tenant-facing professionalism, and Class A service. We manage HVAC systems, coordinate janitorial contracts, oversee capital projects, and enhance tenant comfort. Whether in a downtown tower or suburban campus, our office property management services are second to none.

Industrial and Warehouse Management

From distribution centers to manufacturing hubs, our industrial property management team keeps things running around the clock. We manage dock logistics, access controls, lighting systems, and code compliance for industrial assets throughout Broward and Palm Beach Counties. We also offer full-service logistics management in Pompano Beach and Doral’s key logistics hubs, ensuring seamless operations in South Florida’s most vital industrial corridors.

Retail Property Management

Retail centers require specialized attention. We handle signage approvals, parking logistics, storefront aesthetics, and holiday marketing coordination to support tenant success. With Berger, retail property management in South Florida is streamlined, tenant-focused, and results-driven.

Our Comprehensive South Florida Property Management Services

We offer a full suite of commercial property management services for owners, landlords, and investment groups in South Florida, including:

  • Lease administration
  • Tenant relations
  • 24/7 maintenance coordination
  • Capital improvement oversight
  • Vendor contract negotiation
  • Property inspections and compliance
  • Rent collection and CAM reconciliations
  • Annual budgeting and forecasting

Serving Every Corner of South Florida

Our commercial property management company is active across every major market in South Florida:

Wherever your property is located, we bring the same commitment to quality, accountability, and tenant service that has made Berger a leader in South Florida commercial property management.

Let’s Talk About Your Property

If you’re ready to partner with a property management firm that knows commercial real estate in South Florida inside and out, contact Berger Commercial Realty today. Our proactive, professional team is ready to take your investment to the next level.

📞 954-358-0900

 

5 Reasons Now Is a Smart Time to Sell Industrial Property in South Florida

Posted on by Berger Commercial Realty

If you own an industrial warehouse, distribution center, or flex space in South Florida, there has never been a better time to consider selling. The commercial real estate market is sending a clear signal: act now to capture peak pricing.

If you are considering selling industrial property in Fort Lauderdale or anywhere in South Florida, the market is sending a clear signal: Now is a smart time to sell your industrial property in South Florida.

With strong buyer demand, rising sale prices, and evolving market dynamics, owners in Fort Lauderdale, Palm Beach, and across Broward County have an opportunity to capture top-dollar valuations — before the market shifts.

Here’s why waiting could cost you — and why acting now is a strategic move if you are planning to sell industrial property in South Florida.

1. Record-High Sale Prices for Industrial Property in South Florida

South Florida’s industrial sector has seen double-digit growth in sale prices over the past two years. Low supply and high buyer competition have driven up valuations for:

  • Warehouses
  • Distribution centers
  • Flex spaces
  • Manufacturing properties

In Fort Lauderdale alone, industrial sale prices have increased over 18% year-over-year. If you’ve been considering selling, you may already be sitting on far more equity than you realize.

Looking for an industrial warehouse sale in Palm Beach? Now is the time to act.

2. Buyer Demand for Industrial Warehouses in Fort Lauderdale and Palm Beach Is at an All-Time High

Investors, owner-users, and REITs are aggressively pursuing industrial properties in Broward and Palm Beach counties.

  • Strategic location near major ports (Port Everglades, Port of Palm Beach)
  • Proximity to booming residential populations
  • Limited new industrial development pipeline

Demand is exceeding supply, creating multiple-offer situations — especially for properties between 10,000 and 100,000 square feet. Selling industrial property in Fort Lauderdale today could lead to a bidding war for your asset.

3. Industrial Properties Remain the Most In-Demand Asset Class in South Florida

While other asset types face post-pandemic uncertainty, industrial real estate remains the strongest performing sector.

  • Warehousing for e-commerce distribution
  • Last-mile delivery hubs
  • Logistics infrastructure for growing population bases

Industrial properties now have the lowest vacancy rates in South Florida commercial real estate — hovering under 4%.

If you’re wondering whether to sell industrial property in Fort Lauderdale, the market fundamentals are clearly in your favor.

4. Rising Interest Rates Could Cool Future Sale Prices for Industrial Property

While buyer demand is strong today, rising interest rates are already starting to impact commercial real estate deals.

  • Higher borrowing costs could reduce buyers’ purchasing power.
  • Cap rates may adjust upward, putting downward pressure on sale prices.

If you wait too long, you may miss the current pricing peak. Selling your industrial property in South Florida now helps you capture today’s high market values.

5. South Florida’s Population Growth Continues to Drive Industrial Demand

Unlike many regions, South Florida isn’t shrinking — it’s booming.

  • Thousands of new residents are relocating every month.
  • Businesses are expanding logistics operations to serve this growing population.
  • Industrial warehouse needs are skyrocketing in suburban markets as well as core urban areas.

Palm Beach County, Fort Lauderdale, and even Pompano Beach are experiencing industrial absorption rates that outpace new construction. This is another reason why selling industrial property in Fort Lauderdale or Palm Beach County is so timely.

Final Thoughts: Why Selling Your Industrial Property in South Florida Now Makes Strategic Sense

Timing the market perfectly is nearly impossible — but recognizing clear seller advantages is not.

Right now, industrial property owners in Broward and Palm Beach have:

  • Historic buyer demand
  • Record-high sale prices
  • Strategic interest before financing pressures tighten

If you are ready to sell industrial property in Fort Lauderdale or South Florida, Berger Commercial Realty can help you capitalize on today’s strong market conditions.

Ready to Find Out What Your Industrial Property Is Worth?

Get a Free Broker Opinion of Value (BOV) tailored to your specific property. Learn how to position your asset for maximum buyer competition. Capture today’s peak pricing — before the market evolves.

Contact Berger Commercial Realty today at (954) 358-0900 or request your free property valuation here.

How to Sell Your Commercial Property: Best Practices for Office, Industrial, Retail & Land Owners

Posted on by Berger Commercial Realty

Selling a commercial property—whether it’s office space, an industrial warehouse, retail center, or land—requires more than just listing it online. To maximize your property’s value and attract serious buyers, you need a strategic plan and the right brokerage firm by your side.

What’s the Best Way to Sell a Commercial Property?

To sell a commercial property successfully, you should:

  1. Get a professional property valuation
  2. Prepare detailed marketing materials
  3. Understand your target buyer pool
  4. Hire an experienced commercial real estate brokerage
  5. Negotiate offers with market data and leverage
  6. Navigate due diligence and closing with expert support

Step-by-Step Guide to Selling Office, Retail, Industrial, or Land Properties

1. Know Your Property’s Market Value

Before listing, request a Broker Opinion of Value (BOV) or appraisal. A good broker will analyze:

  • Rent roll and lease terms
  • Location and asset class (office, industrial, land, retail)
  • Comparable sales and market demand
  • Income potential and occupancy history

This gives you a realistic price range and sets expectations with buyers.

2. Hire the Right Commercial Real Estate Broker

Choosing the right brokerage firm is one of the most important decisions you’ll make. Look for:

  • Proven experience selling your asset type (office, retail, industrial, or land)
  • Knowledge of local and regional buyer activity
  • Access to both on-market and off-market commercial buyers
  • A clear marketing strategy using digital listings, signage, and targeted outreach
  • Strong negotiation skills and contract support

Pro Tip: Avoid residential agents who occasionally dabble in commercial sales. Instead, choose a firm that specializes in commercial real estate with a track record in your asset class.

3. Prepare Marketing Materials That Sell

Buyers for commercial properties want more than just square footage and photos. Work with your broker to develop:

  • A professional offering memorandum
  • Site plans, surveys, and zoning info
  • Financials and lease abstracts
  • Aerial maps and drone images
  • Targeted marketing campaigns to reach investor buyers

4. Target the Right Buyers

Depending on your property type:

  • Office property buyers may be investors or owner-users
  • Retail buyers often seek visibility, traffic, and NOI
  • Industrial buyers look for clear height, access, and loading
  • Land buyers care about zoning, entitlements, and future use

An expert broker knows who’s buying what—and where to find them.

5. Navigate Negotiation & Due Diligence Like a Pro

Once offers come in, your broker should:

  • Vet buyers’ qualifications
  • Compare offer terms, not just price
  • Help with LOI and contract execution
  • Coordinate inspections, estoppels, and closing documents

Having a seasoned broker avoids delays and protects your bottom line.

Selling Commercial Property in South Florida? Choose a Brokerage Firm That Specializes

If you’re selling a commercial property in South Florida—office buildings, warehouses, shopping centers, or development land—you need a firm with:

  • Local market knowledge in Broward, Miami-Dade, and Palm Beach counties
  • Direct relationships with commercial buyers and investors
  • Experience in 1031 exchanges, cap rate analysis, and leaseback sales

Final Thoughts: Don’t Go It Alone

Selling a commercial property takes planning, market insight, and the right relationships. Whether you’re listing an office park, industrial warehouse, or raw land, your best bet is to partner with a brokerage firm that understands your asset, your market, and your goals.

FAQs

How do I find buyers for my commercial property?

Work with a broker who has access to investor databases, Loopnet/CoStar listings, and local buyer networks. Targeted marketing reaches qualified buyers fast.

What’s the best way to value a commercial building?

Use a Broker Opinion of Value (BOV) or formal appraisal, which considers income, comps, and asset condition.

Should I sell commercial property with a residential agent?

No. Always choose a broker that specializes in commercial real estate. Commercial sales require a different skill set and market knowledge.

Top 10 Questions to Ask When Selling Your Commercial Property

Posted on by Berger Commercial Realty

Top 10 Questions to Ask When Selling Your Commercial Property

Are you considering selling your commercial real estate? Whether you’re preparing to list an office building, retail center, industrial warehouse, or land parcel, it’s crucial to ask the right questions before starting the process. Below are the top 10 questions every commercial property owner should ask to ensure a successful, profitable sale.

1. What is my commercial property worth in today’s market?

Before you list, it’s essential to understand your property’s true market value. Ask your broker for a Broker’s Opinion of Value (BOV)—a strategic assessment that considers location, property condition, lease income, and comparable sales in your area. A data-backed valuation helps you price confidently and competitively.

2. How should I price my commercial property to attract qualified buyers?

Overpricing can scare off serious investors, while under pricing could cost you thousands. Your broker should use market comps, cap rate analysis, and investor demand insights to set a competitive listing price that reflects both market trends and your goals.

3. What documents do I need to prepare before listing my property?

Buyers expect a complete and accurate package. Prepare documents like rent rolls, operating statements, current lease agreements, tax records, service contracts, and building plans. A well-organized due diligence file builds trust and can speed up the closing process.

4. How long does it take to sell a commercial property?

There’s no one-size-fits-all answer. The timeline depends on the asset type, pricing, tenant status, and overall market conditions. On average, it takes 3 to 9 months to close a deal. Ask your broker what you can do to shorten that window.

5. Should I make repairs or improvements before listing?

Ask which pre-sale improvements are worth the investment. In some cases, cosmetic upgrades, exterior clean-up, or minor repairs can improve buyer confidence and increase your selling price. In other cases, selling as-is may be the smarter strategy.

6. What is your marketing strategy to sell my commercial property?

Not all listings get equal exposure. Ask how your broker will market your property—via commercial listing platforms like LoopNet and Crexi, drone photography, social media, email campaigns, and direct investor outreach. A customized marketing plan is key to finding the right buyer fast.

7. Who is the ideal buyer for my type of commercial real estate?

Your property may appeal to private investors, developers, institutional buyers, or owner-users. Ask your broker who they plan to target and why. Knowing the buyer profile helps tailor the marketing approach and negotiation strategy.

8. What are the tax implications of selling my property?

Selling commercial real estate may trigger capital gains taxes, depreciation recapture, or state tax liabilities. Ask whether a 1031 exchange might help you defer taxes by reinvesting into another income-producing property.

9. What should I expect during the buyer’s due diligence process?

Due diligence includes lease audits, property inspections, environmental assessments, and financial verification. Ask your broker how to prepare, what to expect, and how they’ll manage buyer requests or re-negotiations that arise during this stage.

10. How do I protect myself legally and financially when selling commercial property?

A solid legal framework is essential. Make sure your broker works alongside a qualified real estate attorney to guide you through contract terms, title review, disclosures, escrow management, and closing. Ask about contingencies, buyer protections, and how to limit your liability.

✅ Ready to Sell Your Commercial Property in South Florida?

At Berger Commercial Realty, we provide expert brokerage services for sellers across Broward, Miami-Dade, and Palm Beach counties. From valuation to marketing to closing, our team helps you navigate every step of the sale with confidence and clarity.

📞 Contact us today for a complimentary Broker’s Opinion of Value.
Your next opportunity starts here.

Berger Commercial Realty’s Jordan Beck Reps Buyer in $7.85 Million Acquisition in Pompano Beach

Posted on by Berger Commercial Realty

Berger Commercial Realty is pleased to announce that Senior Vice President Jordan Beck successfully represented Sand Lake Realty, in the $7,850,000 acquisition of 2999 N Powerline Road.

Located in the heart of the Pompano Beach submarket of Broward County, the property includes a single commercial building situated on 3.27 acres along highly trafficked Powerline Road. With multiple access points and excellent frontage visibility, the site presents a compelling opportunity for a wide range of commercial users.

This strategic acquisition adds to Sand Lake Realty’s growing portfolio of value-driven investments in South Florida’s most active submarkets.

Berger Commercial Realty has been retained to provide both property management and leasing services for the asset.

“This property checks all the right boxes—location, visibility, flexibility—and we’re excited to help Sand Lake Realty unlock its full potential,” said Beck. “Our team is ready to hit the ground running on leasing and management to ensure long-term success.”

With a full-service approach, Berger Commercial Realty continues to provide comprehensive real estate solutions that go beyond the transaction.

 

Berger Commercial Realty offers complimentary Broker Opinion of Value reports. Contact us today to Experience the power of market knowledge.

Berger Commercial Realty Earns Prestigious Recognition as Top Leasing and Sales Firm in the 2024 CoStar Power Broker Awards

Posted on by Berger Commercial Realty

We are thrilled to announce that Berger Commercial Realty, a leader in South Florida commercial real estate sales and leasing, has been recognized with two prestigious accolades in the 2024 CoStar Power Broker Awards. We are proud to be named both a Top Leasing Firm and a Top Sales Firm in South Florida, further cementing our reputation as experts in commercial real estate transactions.

The CoStar Power Broker Awards are an annual event that honors the most successful brokers and firms across the nation. These awards are based on comprehensive transaction data and in-depth market analysis conducted by CoStar, the leading source of commercial real estate information and analytics. Achieving these distinctions underscores Berger Commercial Realty’s exceptional performance and expertise in the South Florida commercial real estate market.

“Our team at Berger Commercial Realty is honored to receive these distinguished awards from CoStar,” said Lloyd C. Berger, President of Berger Commercial Realty. “This recognition is a reflection of our hard work and dedication to South Florida commercial real estate leasing and sales. We are proud to continue setting the standard for excellence.”

At Berger Commercial Realty, we pride ourselves on our strategic and client-focused approach to commercial property leasing and sales in South Florida. Our expertise spans a wide range of properties, including office buildings, industrial warehouses, retail spaces, and multi-use complexes. This diverse experience, combined with innovative market strategies and commitment to client success, sets us apart in the competitive South Florida commercial real estate market.

Our team of experienced brokers and property managers are dedicated to delivering exceptional service and unmatched market knowledge. We understand that each client’s needs are unique, and we tailor our strategies to ensure maximum value and optimal results. Our deep-rooted relationships within the South Florida business community enable us to identify prime leasing and sales opportunities ahead of the curve, positioning our clients for success.

We also specialize in comprehensive property management services, ensuring that properties under our care are maintained to the highest standards. From tenant relations to maintenance coordination, our team handles every detail, allowing property owners to enjoy peace of mind while maximizing their investment returns. Our proactive approach to property management includes regular market analysis, tenant retention strategies, and cost-effective maintenance solutions.

As the South Florida commercial real estate market continues to evolve, Berger Commercial Realty remains committed to staying ahead of industry trends. Our team frequently attends market briefings, industry seminars, and networking events to keep our finger on the pulse of the local and national markets. This commitment to continuous learning allows us to anticipate changes and adjust our strategies to benefit our clients.

Looking ahead, Berger Commercial Realty remains dedicated to maintaining the high standards that have earned us the CoStar Power Broker Awards. We continuously refine our strategies to meet the evolving needs of our clients and adapt to dynamic market conditions in South Florida commercial real estate. Our mission is to help our clients achieve their business goals through strategic leasing, investment sales, and property management excellence.

Follow our blog and connect with us on social media for the latest news, updates, and insights into our projects. Whether you are looking to lease, purchase, or sell commercial property in South Florida, Berger Commercial Realty is your trusted partner for award-winning service. Contact us today to learn how our expertise in South Florida commercial real estate can help you achieve your goals.