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Tag: commercial property management

Tag: commercial property management

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.

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