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

Posted on June 4, 2025 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.

Why Fort Lauderdale Warehouses Are Attracting E-Commerce Startups

Posted on June 3, 2025June 3, 2025 by Berger Commercial Realty

Fort Lauderdale has quietly become one of the most sought-after industrial markets for e-commerce startups, with Fort Lauderdale warehouses attracting e-commerce businesses due to their prime location for last-mile delivery. With flexible warehouse space and access to major distribution corridors, South Florida’s logistics landscape is shifting—and Fort Lauderdale is at the center of it. It’s clear that Fort Lauderdale warehouses attracting e-commerce interest are vital to the area’s economic growth.

What Makes Fort Lauderdale Ideal for E-Commerce Warehousing?

As online retailers expand their reach, the need for efficient fulfillment and fast delivery is critical. Fort Lauderdale offers several key advantages:

Proximity to I-95, Port Everglades, and FLL Airport — Ideal for same-day delivery and regional distribution.
Smaller warehouse footprints — Startups can scale gradually with flexible spaces between 5,000 and 20,000 SF, an aspect that highlights Fort Lauderdale warehouses attracting e-commerce startups.
Lower industrial lease rates — Compared to neighboring Miami, Fort Lauderdale offers more affordable leasing opportunities.
Business-friendly environment — Streamlined permitting and economic development incentives encourage growth. This also contributes to Fort Lauderdale warehouses attracting e-commerce ventures looking for a supportive ecosystem.

Key Submarkets Driving the Trend

Several Fort Lauderdale industrial pockets are seeing a surge in e-commerce tenancy:

Port Everglades Logistics Zone

This area is a powerhouse for import/export businesses, located just minutes from the port and airport.

Andrews Avenue Corridor

A growing hub for light industrial and flex spaces near residential density, ideal for direct-to-consumer startups.

West Fort Lauderdale / Pompano Beach Border

This cost-effective alternative offers large inventories of warehouse space, ideal for businesses prioritizing access without premium costs.

The Rise of Last-Mile Distribution

With e-commerce expectations shifting toward same-day or next-day delivery, proximity to consumers has never mattered more. Fort Lauderdale’s central location allows online retailers to fulfill orders across Miami-Dade, Broward, and Palm Beach counties from a single, well-placed facility.

What E-Commerce Startups Should Look for in a Warehouse

When evaluating Fort Lauderdale warehouse properties, key features to prioritize include:

18’–24’ clear ceiling heights
Grade-level or dock-high loading bays
Climate control or insulated walls (for electronics or perishables)
Access to fiber internet and logistics software integrations

Working with a Local Expert

At Berger Commercial Realty, we specialize in helping e-commerce businesses find the right industrial space to scale operations. From navigating submarket availability to negotiating favorable lease terms, our team understands how to position your business for growth, and why Fort Lauderdale warehouses attracting e-commerce companies are vital.

🚚 Need Help Finding Warehouse Space in Fort Lauderdale?

Whether you’re a startup looking for your first fulfillment center or a growing retailer expanding your footprint, Berger Commercial Realty can help.

Berger Commercial Realty/CORFAC International provides industrial leasing and advisory services across Fort Lauderdale, Miami, and Palm Beach. We represent landlords and tenants with deep market knowledge and a commitment to long-term value.

What Is a Court-Appointed Receiver?

Posted on May 6, 2025 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.

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