550 S. Andrews Avenue, Suite 400, Fort Lauderdale, FL 33301

We are pleased to provide you with this copy of Berger Commercial Realty Corp.’s 2018 Q2 Market Reports

Berger Commercial Realty  /   August 1, 2018

Q2 market reports graphic

Broward Office Q2

Broward Industrial Q2

Palm Beach Office Q2

Palm Beach Industrial Q2

We hope this information is informative and useful. If you have any questions, please contact our brokers and we will be happy to assist you.
About Berger Commercial Realty/CORFAC International Berger Commercial Realty/CORFAC International is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of CORFAC International, a global network of independently-owned commercial real estate brokerage firms. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; receiverships; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit www.bergercommercial.com. About CORFAC International CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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"acceptedAnswer": { "@type": "Answer", "text": "Triple Net (NNN): Tenant pays rent plus property taxes, insurance, and maintenance. Gross Lease: Tenant pays one set rent amount; landlord covers most expenses. Modified Gross: A hybrid—some expenses are shared. Understanding your lease type is critical to projecting net income and tenant responsibilities." } }, { "@type": "Question", "name": "How long does it take to sell a commercial property?", "acceptedAnswer": { "@type": "Answer", "text": "On average, 6 to 12 months—though it depends on market conditions, pricing, and the type of property. A well-priced and well-marketed asset in a strong location may sell faster, especially if tenant stability and NOI are attractive." } }, { "@type": "Question", "name": "What should I look for in a commercial property management company?", "acceptedAnswer": { "@type": "Answer", "text": "Look for experience in your asset type (office, retail, industrial), transparent reporting, tenant communication skills, and local market knowledge. Bonus points if they also offer construction management and lease administration under one roof." } }, { "@type": "Question", "name": "How can I increase the value of my commercial property before selling?", "acceptedAnswer": { "@type": "Answer", "text": "Lease up vacant space, reduce operating costs, secure long-term tenants, or make targeted renovations. Even small upgrades like signage, landscaping, or lighting can help with curb appeal and cap rate performance." } }, { "@type": "Question", "name": "What types of commercial real estate do you manage?", "acceptedAnswer": { "@type": "Answer", "text": "At Berger Commercial Realty, we manage office, retail, industrial, flex space, and land across South Florida. Our portfolio includes everything from Class A office towers to warehouse and mixed-use properties." } }, { "@type": "Question", "name": "What is CAM (Common Area Maintenance)?", "acceptedAnswer": { "@type": "Answer", "text": "CAM is a tenant’s share of maintaining shared areas like lobbies, hallways, parking lots, and landscaping. It’s usually billed monthly and reconciled annually. Tenants should review how CAM is calculated before signing a lease." } }, { "@type": "Question", "name": "Have additional questions not covered here?", "acceptedAnswer": { "@type": "Answer", "text": "Feel free to contact us — we’re here to help with anything you need related to commercial real estate sales, leasing, or property management." } } ] } }, { "@type": "Question", "name": "What’s the difference between triple net (NNN), gross, and modified gross leases?", "acceptedAnswer": { "@type": "Answer", "text": "Triple Net (NNN): Tenant pays rent plus property taxes, insurance, and maintenance. Gross Lease: Tenant pays one set rent amount; landlord covers most expenses. Modified Gross: A hybrid—some expenses are shared. Understanding your lease type is critical to projecting net income and tenant responsibilities." } }, { "@type": "Question", "name": "How long does it take to sell a commercial property?", "acceptedAnswer": { "@type": "Answer", "text": "On average, 6 to 12 months—though it depends on market conditions, pricing, and the type of property. A well-priced and well-marketed asset in a strong location may sell faster, especially if tenant stability and NOI are attractive." } }, { "@type": "Question", "name": "What should I look for in a commercial property management company?", "acceptedAnswer": { "@type": "Answer", "text": "Look for experience in your asset type (office, retail, industrial), transparent reporting, tenant communication skills, and local market knowledge. Bonus points if they also offer construction management and lease administration under one roof." } }, { "@type": "Question", "name": "How can I increase the value of my commercial property before selling?", "acceptedAnswer": { "@type": "Answer", "text": "Lease up vacant space, reduce operating costs, secure long-term tenants, or make targeted renovations. Even small upgrades like signage, landscaping, or lighting can help with curb appeal and cap rate performance." } }, { "@type": "Question", "name": "What types of commercial real estate do you manage?", "acceptedAnswer": { "@type": "Answer", "text": "At Berger Commercial Realty, we manage office, retail, industrial, flex space, and land across South Florida. Our portfolio includes everything from Class A office towers to warehouse and mixed-use properties." } }, { "@type": "Question", "name": "What is CAM (Common Area Maintenance)?", "acceptedAnswer": { "@type": "Answer", "text": "CAM is a tenant’s share of maintaining shared areas like lobbies, hallways, parking lots, and landscaping. It’s usually billed monthly and reconciled annually. Tenants should review how CAM is calculated before signing a lease." } }, { "@type": "Question", "name": "Have additional questions not covered here?", "acceptedAnswer": { "@type": "Answer", "text": "Feel free to contact us — we’re here to help with anything you need related to commercial real estate sales, leasing, or property management." } } ] }