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Tag: (BOV)

Tag: (BOV)

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.

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.

How To Sell Your Warehouse – A Step-By-Step Guide

Posted on by Berger Commercial Realty

Selling a warehouse or industrial property isn’t as simple as putting up a “For Sale” sign and waiting for offers. It takes strategy, market insight, and the right broker to unlock your property’s full value. At Berger Commercial Realty, we specialize in helping property owners navigate the warehouse sales process from start to finish—with confidence, clarity, and maximum return.

Whether you’re looking to retire, reinvest, or just ready to move on, this guide breaks down everything you need to know.

Step 1: Know the Value of Your Warehouse

Before anything else, you need to understand what your property is worth. This is where a Broker Opinion of Value (BOV) comes in. At Berger Commercial Realty, we offer complimentary BOVs to help you gauge fair market value based on:

  • Location and access to highways or ports

  • Building condition, age, and layout

  • Ceiling height and loading docks

  • Tenant status and lease terms (if applicable)

  • Recent comparable sales

👉 Contact us today for your free BOV.

Step 2: Prepare the Property for Sale

First impressions matter—even in industrial real estate. Here’s what you can do to make your warehouse more marketable:

  • Clean up the exterior and remove debris

  • Repair visible damage or deferred maintenance

  • Organize the interior, especially if the warehouse is still in use

  • Gather documentation: title, surveys, lease agreements, environmental reports

Step 3: Choose the Right Commercial Real Estate Broker

This is a big one. Selling a warehouse isn’t like selling a house. It requires a broker with deep market knowledge, strong buyer networks, and proven experience in industrial property sales.

That’s where Berger Commercial Realty shines. Our team understands the nuances of South Florida’s industrial market—including zoning, logistics demand, investor appetite, and off-market opportunities. With Berger by your side, you get:

  • Targeted marketing strategies

  • Qualified buyer screening

  • Negotiation expertise

  • Seamless contract and closing support

Step 4: Market the Property

Once you’ve signed a listing agreement, your broker will implement a full-scale marketing campaign tailored to your asset. At Berger, our approach includes:

  • Professional property brochures and high-resolution photography

  • Digital listings on CoStar, LoopNet, CREXi, and proprietary platforms

  • Email campaigns to vetted investors and buyers

  • Social media promotion and signage

  • Broker-to-broker networking and client outreach

Step 5: Negotiate Offers and Due Diligence

When offers come in, your broker will help you:

  • Review purchase price and terms

  • Vet buyer qualifications

  • Navigate inspections, appraisals, and environmental reviews

  • Respond to requests for repair or price reductions

Step 6: Close the Deal

After due diligence is complete and financing is secured, it’s time to head to the closing table. Your broker will coordinate all parties—attorneys, title agents, lenders—to ensure a smooth transaction.

🎉 Congratulations! You’ve just sold your warehouse—with less stress, more support, and a better result.

✅ Why Choose Berger Commercial Realty?

Selling a warehouse is a complex process—but with the right partner, it doesn’t have to be overwhelming.

Berger Commercial Realty is an award-winning firm with decades of experience in industrial property sales across South Florida. We deliver personalized strategies, deep market intelligence, and a full-service approach that gets results.

🔍 Need to sell your warehouse?
Let us guide you from valuation to closing.
📞 Contact Berger Commercial Realty today for a complimentary BOV.

📚 Frequently Asked Questions

Q: How long does it take to sell a warehouse?

A: It depends on the location, market conditions, and how well the property is priced and marketed. On average, industrial properties sell within 3–9 months.

Q: Do I need to make repairs before selling?

A: Not always, but addressing key issues can improve your price and speed up the sale. Your broker will advise you on what’s worth fixing.

Q: What’s included in a Broker Opinion of Value (BOV)?

A: A BOV includes estimated market value, comps (comparable sales), property highlights, and an analysis of market demand for similar assets.

Q: What if my warehouse is currently leased?

A: Many investors prefer leased properties with income in place. Your broker can help you structure the sale to highlight tenant value.

 

When Is The Best Time To Sell Your Commercial Property?