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BERGER COMMERCIAL REALTY CORP. ANNOUNCES THREE NEW LEASES

FORT LAUDERDALE, Fla. –Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, and serving clients around the state, announced Senior Vice President Steve Hyatt closed three new lease transactions.

Hyatt represented tenant Trans-I Technologies in the 3-year lease of 1,336-square-feet of space located at 888 E. Las Olas Blvd in Fort Lauderdale from landlord The Las Olas Company.

Additionally, Hyatt represented landlord Carbogen Corporation in the 2-year lease of 950-square-feet of space located at 1041 S.E. 17th St. Causeway in Fort Lauderdale to tenant Water’s Edge Consulting, LLC.

Hyatt also represented landlord Carbogen Corporation in the 3-year lease of 950-square-feet of space located at 1041 S.E. 17th St. Causeway in Fort Lauderdale to tenant MTS Yachts, represented by Kathleen Beasley of Charles Rutenberg Realty.

BRIEFS:

Property Address: 888 E. Las Olas Blvd., Fort Lauderdale, FL 33301
Landlord:  The Las Olas Company
Tenant: Trans-I Technologies, represented by Steve Hyatt of Berger Commercial Realty
Square Footage: 1,366 square feet
Term: 3 years

Property Address: 1041 S.E. 17th St. Causeway, Fort Lauderdale, FL 33316
Landlord:  Carbogen Corporation, represented by Steve Hyatt of Berger Commercial Realty
Tenant: Water’s Edge Consulting, LLC
Square Footage: 950 square feet
Term: 2 years

Property Address: 1041 S.E. 17th St. Causeway, Fort Lauderdale, FL 33316
Landlord:  Carbogen Corporation, represented by Steve Hyatt of Berger Commercial Realty
Tenant: MTS Yachts, represented by Kathleen Beasley of Charles Rutenberg Realty
Square Footage: 950 square feet
Term: 3 years

BERGER COMMERCIAL REALTY CORP. AWARDED NEW ASSIGNMENT

FORT LAUDERDALE, Fla. – Berger Special Assets, a division of  Berger Commercial Realty Corp., announced Lloyd Berger has been appointed as receiver of a 4,000-square-foot property located at 1730 S.W. 7th St. in Miami.

The multifamily property built in 1950 consists of 11 units located in two buildings.

“Our aim is to restore this property’s value through cost-efficient management and by maintaining its occupancy level,” said Lloyd Berger.

Founded in 2008, Berger Special Assets serves as receiver, management company and leasing agent to enhance the value of distressed commercial and multifamily properties across the state on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW HIRE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced it has hired commercial real estate broker Joseph Byrnes as vice president.

Byrnes has more than 27 years of real estate experience in Broward County. At Berger Commercial Realty Corp., he will be responsible for providing a full range of commercial real estate and brokerage services, including the representation of property owners in the sale, lease and oversight of their assets. Byrnes currently represents more than 800,000 square feet of office, industrial and retail space. He is a retail real estate specialist in the capacity of landlord and tenant representation.

“We are proud to welcome Joe to the firm," said Lloyd Berger, founder and president Berger Commercial Realty Corp. "The synergy between his professional expertise and our firm's services is tremendous. He immediately brings new business development to the firm while offering expanded services to his existing client roster." 

Byrnes was previously a broker at ComReal in Fort Lauderdale. He is CCIM member, a member of the South Florida Office Brokers Association, and a past member of the Commercial Industrial Real Estate Broker Association, for which he served as president from 2005 through 2010. Byrnes has been named a CoStar Power Broker for the past seven consecutive years. He holds a Bachelor of Science degree from the University of South Florida and is a resident of Plantation.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW SALE

FORT LAUDERDALE, Fla.– Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced new deals from brokers Keith Graves, St. George Guardabassi and Steve Hyatt.

Graves and Guardabassi represented Schaefer Industries in the lease of 6,400 square feet of industrial space, located at 3387 SW 13th Ave. in Fort Lauderdale, to Island Bargains, LLC, represented by Mike Safrin with The Keys Company.

Hyatt represented receiver Lloyd Berger in the sale of Tina Apartments, a 13-unit building located at 1693 4th St. in Sarasota, for $285,000 to buyer Certi-Pro, Inc., represented by Maurice Connaughton of Prime Property of Florida. Lloyd Berger is founder and president of Berger Commercial Realty Corp., and in 2008, founded Berger Special Assets as a division of the firm. Berger Special Assets serves as receiver, management company and leasing agent to enhance the value of distressed commercial and multifamily properties across the state on behalf of lenders and financial institutions.

In 2011, Berger's multifamily group has sold 11 properties.

BRIEFS:

Property Address: 3387 SW 13th Avenue, Fort Lauderdale, FL 33315
Landlord: Schaefer Industries, represented by Keith Graves and St. George Guardabassi of Berger Commercial Realty Corp.
Tenant: Island Bargains, LLC, represented by Mike Safrin with The Keys Company
Property Description: 6,400 square feet of industrial space

Property Address: 1693 4th St., Sarasota, FL, 34236
Buyer: Certi-Pro, Inc., represented by Maurice Connaughton of Prime Property of Florida.
Seller: Lloyd Berger, represented by Steve Hyatt of Berger Commercial Realty Corp.
Sold For: $285,000
Property Description: 13-unit apartment building

 

BERGER COMMERCIAL REALTY CORP. ANNOUNCES EXCLUSIVE LEASING LISTING

 

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced the firm has been awarded the exclusive leasing listing for the Oakland Commerce Center, located at 3115-3317 NW 10th Terrace and 3401-3411 Powerline Road in Oakland Park.

Brokers Judy Dolan, Keith Graves and Greg Milopoulos are the representing the 155,000-square-foot, multi-tenant office/flex building.

BRIEF:

Property Address: 3115-3317 NW 10th Terrace and 3401-3411 Powerline Road, Oakland Park, FL 33309
Landlord: Oakland Commerce Center, represented by Keith Graves, Judy Dolan and Greg Milopoulos of Berger Commercial Realty Corp.
Property Description: Multi-tenant office/flex building
Size: 155,000 square feet

IN THE NEWS-HOUSING MARKET IN SOUTHWEST FLORIDA

Florida Trend - 10-1-11

In the multifamily sector Lloyd Berger, president of Berger Commercial Realty Corp. handled the sale of several distressed apartment buildings in Fort Myers, FL.

TWO NEW LEASES FROM BERGER COMMERCIAL REALTY CORP.

FORT LAUDERDALE, Fla. – Judy Dolan and Greg Milopoulos of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two lease transactions.

Dolan and Milopoulos represented landlord GA 4711 Australian Avenue, LLC in the lease renewal of 3,064 square feet of warehouse space in Mangonia Park, located at 4711 N. Australian Avenue in West Palm Beach, to tenant Jack the Bike Man.

Dolan and Milopoulos also represented landlord Merrill Industrial Center, Inc. in the  lease of 4,071 square feet of space in a warehouse located at  3406 SW 26th Terrace in Fort Lauderdale to tenant Brandwood LLC.

BRIEFS:

Property Address: 4711 N. Australian Avenue, Suite 6 & 7, West Palm Beach, FL 33407
Landlord: GA 4711 Australian Avenue, LLC, represented by Judy Dolan and Greg Milopoulos of Berger Commercial Realty
Tenant: Jack the Bike Man
Description: 3,064 square feet of space in a warehouse

Property Address: 3406 SW 26th Terrace, Suite C-11, Fort Lauderdale, FL 33312
Landlord:  Merrill Industrial Center, Inc., represented by Judy Dolan and Greg Milopoulos of Berger Commercial Realty
Tenant: Brantwood LLC
Description: 4,071 square feet of space in a warehouse

BERGER COMMERCIAL REALTY CORP. BROKER KEITH GRAVES ANNOUNCES NEW SALE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced a new deal from broker Keith Graves, CCIM.

Graves represented Wells Fargo bank in the sale of a multi-tenant office/flex building, located at 4545-4551 NW 9th Avenue in Oakland Park, for $355,000 to buyer Tombee, LLC and 4829 NE 12th Ave., LLC.

BRIEF:

Property Address: 4545-4551 NW 9th Avenue, Oakland Park, FL 
Buyer: Tombee, LLC & 4829 NE 12th Ave., LLC
Seller: Wells Fargo Bank, represented by Keith Graves, CCIM, of Berger Commercial Realty Corp.
Sold For: $355,000
Property Description: Multi-tenant office/flex building

IN THE NEWS - SALE OF 65 ACRES IN BAYSIDE LAKES, FL

Real Estate Bisnow - 9/14/11 

Reese Stigliano, SIOR represented buyer in $1.5M sale transaction

BERGER COMMERCIAL REALTY CORP. ANNOUNCES FIVE NEW LEASE TRANSACTIONS

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced new deals from brokers Judy Dolan, Keith Graves, St. George Guardabassi and Greg Milopoulos.

• Dolan and Guardabassi represented East Port Center Joint Venture in the lease of a 7,050-square-foot, multi-tenant flex building located at 1881 State Road 84, in Fort Lauderdale, to Sea Vision.

• Dolan and Milopoulos represented 4811 Lyons Tech Parkway, LLC in the lease of a 3,124-square-foot warehouse located at 4811 Lyons Tech Parkway, in Coconut Creek, to Emergency Vehicle Supply LLC.

• Dolan and Milopoulos also represented Merrill Industrial Center, Inc. in the lease of a 4,071-square-foot warehouse, located at 3400 SW 26th Terrace, in Fort Lauderdale, to Clean Tech Products LLC.

• Guardabassi and Graves represented Schaefer Industries, Inc. in the lease of an 11,463-square-foot warehouse, located at 3370 SW 13th Avenue in Fort Lauderdale, to Airline Operation Link, Inc.

• Graves represented SPG Palm Crossing, LLC in the lease of a 5,200- square-foot, multi-tenant flex building, located at 3540 NW 56th St. in Fort Lauderdale, to Big Girls’ Bras Etc., Inc.

BRIEFS:

Property Address: 1881 State Road 84, Suite 102, Fort Lauderdale, FL 33315
Landlord: East Port Center Joint Venture, represented by St. George Guardabassi and Judy Dolan of Berger Commercial Realty Corp.
Tenant: Sea Vision
SF: 7,050
Type: New Lease
Property Description: Multi-tenant flex building located in Fort Lauderdale

Property Address: 4811 Lyons Tech Parkway, Suite 05 and 20, Coconut Creek, FL 33073
Landlord: 4811 Lyons Tech Pkwy, LLC, represented by Judy Dolan and Greg Milopoulos of Berger Commercial Realty Corp.
Tenant: Emergency Vehicle Supply LLC
SF: 3,124
Type: Renewal
Property Description: Warehouse

Property Address: 3370 SW 13th Avenue, Fort Lauderdale, FL 33315
Landlord:  Schaefer Industries, Inc., represented by St. George Guardabassi and Keith Graves of Berger Commercial Realty Corp.
Tenant: Airline Operation Link, Inc.
SF: 11,463
Type: New Lease
Property Description: Warehouse

Property Address: 3400 SW 26th Terrace, Suite A9, Fort Lauderdale, FL 33312
Landlord:  Merrill Industrial Center Inc., represented by Judy Dolan and Greg Milopoulos of Berger Commercial Realty Corp.
Tenant: Clean Tech Products LLC
SF: 4,071
Type: New Lease
Property Description: Warehouse

Property Address: 3540 NW 56th St., Fort Lauderdale, FL 33309
Landlord:  SPG Palm Crossing LLC, represented by Keith Graves of Berger Commercial Realty Corp.
Tenant: Big Girls’ Bras Etc., Inc.
SF: 5,200
Type: New Lease
Property Description: Multi-tenant flex building located in Fort Lauderdale

BERGER COMMERCIAL REALTY CORP. HOLDS BACK-TO-SCHOOL SUPPLY DRIVE FOR CHILDREN’S DIAGNOSTIC & TREATMENT CENTER

 

FORT LAUDERDALE, Fla. – In time for the start of a new school year, Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, recently donated backpacks and school supplies to the Children’s Diagnostic & Treatment Center (CDTC), which annually serves more than 10,000 children with special health care needs in Broward County.

The donation will help more than 50 in-need pediatric patients. Backpacks contained pencils, pens, a notebook, ruler, composition book, glue sticks, scissors, crayons, markers, colored pencils, notebook paper, five-pocket folders, erasers, highlighters, and a pencil case.

 “We are so glad that we had the opportunity to provide in-need students in our community with the essential supplies they need for a successful school year,” said Lloyd Berger, president of Berger Commercial Realty Corp. "Our employees eagerly donated to this worthy cause, making it a true team effort."

“We truly appreciate Berger Commercial Realty Corp. and its dedication to our children and families, all of whom are facing challenging health issues,” said Ana Calderon, Ph.D., assistant administrator of CDTC. “We have a long history with the firm and are grateful for all the support they have given us throughout the years."

BERGER COMMERCIAL REALTY CORP. HIRED BY WELLS FARGO TO LEASE AND MANAGE THREE PROPERTIES IN PALM BEACH AND MIAMI-DADE COUNTIES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced the firm has been hired by Wells Fargo to manage, lease and sell three properties in Palm Beach and Miami-Dade counties.

Berger Special Assets will manage and Berger Commercial Realty Corp. will lease and sell a shopping center located at 11150 Okeechobee Blvd. in Royal Palm Beach, an industrial building located at 1711 Worthington Rd. in West Palm Beach, and an industrial building located at 13280 NW 43rd Avenue in Opa Locka.

Keith Graves will handle marketing, leasing and selling and Tim Hackett will oversee management of the properties.

About Berger Special Assets:

Founded in 2008, Berger Special Assets, a division of Berger Commercial Realty Corp., serves as receiver, management company and leasing agent to enhance the value of distressed commercial and multifamily properties across the state on behalf of lenders and financial institutions.

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, services include brokerage, tenant and buyer representation; property management; agency and project leasing; capital advisory and investment sales; construction and project management; and retail services.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES TWO NEW SALES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new deals from brokers Judy Dolan and Steve Hyatt.

Dolan and Hyatt represented receiver Lloyd Berger in the sale of a 14-unit apartment building, located at 1440-1445 W 29th St. in Hialeah, for $546,000 to buyer Corner Investment Group. Dolan and Hyatt also represented Berger, acting as receiver, in the sale of a 27-unit apartment building, located at 160-190 NW 9 St. in Homestead, to Amor Prudentia LLC for $570,000.

This year to date, Dolan and Hyatt have closed ten separate apartment deals with a total transaction value of $8.2 million.

Lloyd Berger is founder and president of Berger Commercial Realty Corp., and in 2008, founded Berger Special Assets as a division of the firm. Berger Special Assets serves as receiver, management company and leasing agent to enhance the value of distressed commercial and multifamily properties across the state on behalf of lenders and financial institutions.

BRIEFS:

Property Address: 1440-1445 W 29th Street, Hialeah, FL 
Buyer: Corner Investment Group
Seller: Lloyd Berger, represented by Judy Dolan and Steve Hyatt of Berger Commercial Realty Corp.
Sold For: $546,000
Property Description: 14-unit apartment building

Property Address: 160-190 NW 9 Street, 845-853 NW 2nd Avenue, Homestead, FL
Buyer: Amor Prudentia LLC
Seller: Lloyd Berger, represented by Judy Dolan and Steve Hyatt of Berger Commercial Realty Corp.
Sold For: $570,000
Property Description: 27-unit apartment building

IN THE NEWS-COMMUNITY FOUNDATION PLANS TO MOVE TO LARGER SPACE IN FORT LAUDERDALE, FL.

East Side Forum-7/21/11
SunSentinel.com-7/22/11

Steve Hyatt, a former foundation board member and Senior Vice President of Berger Commercial Realty Corp., brokered the agreement for the space.

COMMUNITY FOUNDATION OF BROWARD MOVES TO PROVIDE “TOWN SQUARE” FOR COMMUNITY CONVERSATIONS

Foundation’s relocation provides meeting and convening space
 for donors and nonprofits and allows for expansion of community work   

FORT LAUDERDALE, Fla. (June 20, 2011) – The Community Foundation of Broward has found a new and larger home in downtown Fort Lauderdale to offer Broward residents a place to work together to improve their community.

The 10,000-square-foot property located at 910 E. Las Olas Blvd will be the Foundation’s new home for the next decade. The move allows the Foundation to expand its role in addressing pressing issues in Broward and provides for larger training and education facilities that reduce the expense of renting external space.

“We know we will continue to grow during the next ten years and wanted to find a great space and a great deal before conditions changed,” said Linda Carter, president and CEO of the Community Foundation. “From this new home the Foundation will act as the town square for community conversations.  It is in the heart of the business community and provides easy access and great facilities to all those we serve.”
 
Berger Commercial Realty Corp. broker Steve Hyatt closed the agreement for the Community Foundation of Broward for the office space managed and owned by The Las Olas Company, Inc.

Hyatt served on the Community Foundation Board from 2002 to 2007 and commented that he understood the Community Foundation’s need for space, value and accessibility.

“Knowing the Community Foundation is a nonprofit dedicated to improving the lives of all Broward residents, our team worked tirelessly to find the right space at the right price,” said Hyatt. 

The Community Foundation of Broward provides leadership on community solutions and fosters philanthropy that connects people who care with causes that matter. A public nonprofit organization with more than 400 charitable and agency endowment funds representing $100 million, the Community Foundation has distributed $50 million to support community solutions over the past 26 years. 

"This was a long and focused process," said Hyatt. "We looked at more than 35 properties. This location was chosen because of how it allows the Foundation to connect to the community it serves."

Carter added, “Our journey took almost two years of investigation and involved many people. Their work and a favorable economic climate resulted in the s election of an exceptional facility."

Hyatt serves as Senior Vice President of Berger Commercial Realty Corp and has more than 28 years of experience in commercial real estate and investment sales.

About The Community Foundation of Broward:

Founded in 1984, the Community Foundation fosters important community initiatives that seek to solve the most pressing needs in the community.  Currently, those initiatives include the Re-engage for Good initiative to move retiring Baby Boomers into encore careers for social good, support of arts as social solutions; middle school education: and the Leadership Institute, which seeks to ensure Broward is defined by great nonprofit leadership.  For more information about the Community Foundation of Broward, visit cfbroward.org or call 954-761-9503.

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients’ needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/ investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. BROKER ST. GEORGE GUARDABASSI NAMED TO SMALL BUSINESS ADVISORY COMMITTEE OF THE 22ND CONGRESSIONAL DISTRICT OF FLORIDA

Guardabassi Also Appointed as a Rotary Club Raft Race Chairman
 
FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced that Senior Vice President St. George Guardabassi has been named to the Small Business Advisory Committee of the 22nd Congressional District of Florida. Additionally, Guardabassi has been named Chairman of the Rotary Club of Fort Lauderdale's New River Raft Race.

The Small Business Advisory Committee consists of small business experts who will advise U.S. Congressman Allen West in their respective areas of business. The Rotary Club of Fort Lauderdale's New River Raft Race will be held on Nov. 19 at Esplanade Park in downtown Fort Lauderdale and benefits the 1090 Foundation, which provides funding to local scholarships and community service projects.

Guardabassi, who is a resident of Fort Lauderdale, has more than 25 years of experience in South Florida's commercial real estate market and is actively involved in  the 100 Club and the Fort Lauderdale Marine Advisory Board, in addition to the Rotary Club of Fort Lauderdale.

Guardabassi received his Bachelor’s degree from TCU in Fort Worth, Texas. He is a licensed Real Estate Associate, former president of the Commercial Industrial Real Estate Brokers Association (CIREBA), and received the designation of a Real Property Administrator (RPA) from the Building Owners Management Association (BOMA).

BERGER COMMERCIAL REALTY CORP. ANNOUNCES TWO NEW SALES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced new deals from brokers Keith Graves and Steve Hyatt.

Graves represented Wells Fargo in the sale of an industrial warehouse building, located at 208 NW 6th Ave. in Hallandale, for $526,500 to buyer Imperial Stone Real Estate, LLC.

Hyatt represented Waterfall Victoria REO 2010-02, LLC in the sale of five apartments, located at 734 NW 4th Ave. in Fort Lauderdale, to Caldwell C. and Susan Cooper for $90,000.

BRIEFS:

Property Address: 208 NW 6th Avenue, Hallandale, FL 33009
Seller:  Wells Fargo Bank, represented by Keith Graves of Berger Commercial Realty Corp.
Buyer: Imperial Stone Real Estate, LLC
Sold for: $526,500

Property Address: 734 NW 4th Avenue, Fort Lauderdale, FL 33311
Seller: Waterfall Victoria REO 2010-02 LLC, represented by Steve Hyatt of Berger Commercial Realty Corp.
Buyer: Caldwell C. and Susan Cooper
Sold for: $90,000

BERGER COMMERCIAL REALTY CORP. BROKER REESE STIGLIANO CLOSES $6.76 MILLION SALE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced broker Reese Stigliano, SIOR, recently closed a $6.76 million sale for BF Accona, LLC, an affiliate of BankFirst of South Dakota.

Stigliano represented the bank in the sale of a 21.49-acre, multifamily parcel, located at 715 Hank Aaron Drive in West Palm Beach, to Aaron Drive Holdings, a West Palm Beach-based company managed by developer and former Florida U.S. Senate candidate Jeff Greene.

BankFirst of South Dakota took the title to the land in August 2009 after winning a $44.8 million foreclosure judgment against Hallandale Beach-based developer SWP Palm Beach. The property had been approved for 620 condominiums, 57 townhouses and 20,000 square feet of retail space, but construction on the project never began.

Aaron Drive Holdings paid cash, allowing the company to close in less than a month. Development plans and a timetable for construction are unknown.

“Oftentimes buyers won’t close on undeveloped land until site plan approval is in place,” Stigliano said. “However, this property had extended entitlements, which was one of the main reasons they bought it. At the price they paid, they can either sit and land bank it or decide to build something economically feasible."

At Berger Commercial Realty Corp., Stigliano's primary areas of focus are land sales, investment sales and office leasing. He was assisted in this deal by Berger Commercial Realty Corp. Project Manager Gordon Lunt, who's primary focus at the firm is land development management.

BRIEF:

Property Address: 715 Hank Aaron Drive, West Palm Beach, FL 33401
Seller:  BF Accona, LLC, an affiliate of BankFirst of South Dakota, represented by Reese Stigliano, SIOR, of Berger Commercial Realty Corp.
Buyer: Aaron Drive Holdings
Sold for: $6.76 million
Property Des cription: 21.49-acre multifamily parcel

BERGER COMMERCIAL REALTY CORP. HIRED BY PRINCIPAL LIFE INSURANCE CO. TO LEASE AND MANAGE MANGONIA BUSINESS PARK IN WEST PALM BEACH

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced the firm has been hired by Principal Life Insurance Co. to lease and manage Mangonia Business Park, located at 4711 N. Australian Ave. in West Palm Beach, Fla.

Brokers Judy Dolan and Greg Milopoulos of Berger Commercial Realty Corp. will handle the property's leasing and Tim Hackett, Vice President Of Property Management, will handle management of the property, a 50,000+/- square-foot, multi-tenant small bay warehouse building located in the Mangonia Park section of West Palm Beach.

Berger Commercial Realty Corp. provides comprehensive, cost-effective property management services to both institutional and non-institutional owners and is ranked as the ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.  The company’s management assignments include approximately 6.3 million square feet of commercial properties and 1,200 multi-family units.

Tim Hackett has more than 14 years of experience in the real estate management field with multi-functional expertise in project management, tenant relations and expenditure management.

Broker Judy Dolan, Vice President of Berger Commercial Realty Corp., currently represents owners for over one million square feet of office, flex and warehouse properties. She has 12 years of experience in commercial real estate brokerage and also is a licensed attorney with expertise in real estate transactions.

Broker Greg Milopoulos handles industrial and office space and has more than four years of real estate experience. He is a licensed real estate broker, licensed general contractor, and licensed mortgage broker.

BERGER COMMERCIAL REALTY CORP. BROKER KEITH GRAVES AWARDED EXCLUSIVE SALES LISTINGS FROM WELLS FARGO BANK FOR SEVEN PROPERTIES THROUGHOUT SOUTH FLORIDA

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced broker Keith Graves, CCIM, has been awarded exclusive sales listings from Wells Fargo Bank for seven properties located in Hallandale, Miami, Doral, Opa Locka, Pompano Beach and Royal Palm Beach, Fla.

Graves has more than 22 years of experience in South Florida's commercial real estate market, specializing in industrial, office, land and retail transactions. He provides strategic commercial real estate services to local and national companies, including lease acquisition and disposition, market and site analysis, financial analysis, transaction structuring, and long-term strategic planning.

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market. Services include brokerage / tenant and buyer representation, property management, agency / project leasing, capital advisory / investment sales, construction / project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. CLOSES TRANSACTIONS TOTALING MORE THAN $3 MILLION IN APRIL

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced brokers  Judy Dolan and Steve Hyatt closed three transactions totaling more than $3 million in April.

Hyatt and Dolan represented BMR Funding LLC in a fractured condo sale for $2.5 million to Club Cortile LLC. The 48-unit, multifamily property is located at 700 Lyndhurst St. in Dunedin, Fla. The deal closed April 15.

Hyatt and Dolan also represented Miami D Properties LLC in the $450,000 sale of a 16-unit apartment building, located at 451 NW 7th St. in Miami, to Manhattanville LLC. The deal closed April 12.

Additionally, Hyatt represented Lloyd Berger, who was acting as receiver for Green Square Investments, in the $500,000 sale of a 19-unit, multifamily apartment building located at 5624 LaSalle Court in New Port Richey, Fla., to LaSalle Properties LLC.

Dolan, Vice President of Berger Commercial Realty Corp., has more than 12 years of experience in commercial real estate brokerage and is a licensed attorney with expertise in real estate transactions.

Hyatt serves as Senior Vice President of Berger Commercial Realty Corp and has more than 28 years of experience in commercial real estate and investment sales. He specializes in turn-around situations and distressed asset sales for banks and other institutional clients. 

BRIEFS:

Property Address: 700 Lyndhurst St., Dunedin, FL 34698
Seller:  BMR Funding LLC, represented by Steve Hyatt and Judy Dolan of Berger Commercial Realty Corp
Buyer: Club Cortile, LLC
Sold for: $2,500,000
Property Description: 48 multifamily condominium units/fractured condo sale
Closing date: April 15, 2011

Property Address: 451 NW 7 St., Miami, FL 33136
Seller:  Miami D Properties LLC
Buyer: Manhattanville, LLC, represented by Steve Hyatt and Judy Dolan of Berger Commercial Realty Corp.
Sold for: $450,000
Property Description: 16-unit apartment building
Closing date: April 12, 2011

Property Address: 5624 LaSalle Court, New Port Richey, FL
Seller:  Lloyd Berger, acting as receiver for Green Square Investments, represented by Steve Hyatt of Berger Commercial Realty Corp.
Buyer: LaSalle Properties LLC
Sold for: $500,000
Property Description: 19-unit, multifamily apartment building
Closing date: April 22, 2011

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market. Services include brokerage / tenant and buyer representation, property management, agency / project leasing, capital advisory / investment sales, construction / project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. BROKER STEVE HYATT CLOSES $6 MILLION CARMAX DEAL IN DENVER

Broker’s knowledge of auto retail market key factor in 7.2-acre transaction

FORT LAUDERDALE, Fla.– Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced broker Steve Hyatt recently represented BDH&R Investment Company in the $6 million sale of a 7.2-acre automotive dealership site in the Denver, Colo. area to CarMax Auto Superstores.

The property, located 2600 W. 104th Ave. in Federal Heights, Colo., formerly housed a Saturn dealership before the franchise was phased out by General Motors in October  2010.

The owner of the Saturn dealership contacted Hyatt for assistance in finding a buyer for the property because of Hyatt's previous experience at AutoNation, Inc. (NYSE: AN), an $18 billion, Fortune 100 automotive retailer based in Fort Lauderdale where Hyatt served as Vice President of Corporate Development for 12 years.

With knowledge of the area and the automotive industry, Hyatt contacted surrounding new vehicle dealerships to check if any had an interest in expanding, including CarMax. 

"I knew CarMax had successfully expanded into former dealerships in the past," said Hyatt. "They were familiar with the site and its desirability in a key automotive market. It was a perfect fit for them."

A deal for the purchase of the property, subject to final site plan approval, was put together within three weeks of Hyatt's initial contact with CarMax.

While at AutoNation, Hyatt was responsible for the acquisition and disposition of more than 175 automobile dealerships in 17 states. At Berger Commercial Realty Corp., he serves as Senior Vice President and Director of Business Development. He is active in investment sales and continues to work with and meet the real estate needs of numerous automotive retailers and original equipment manufacturers (OEMs) across the country.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW LEASES

FORT LAUDERDALE, Fla.–Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced its brokers have completed several new industrial, office and retail lease transactions.

Berger Commercial Realty Corp. Vice President Judy Dolan and Broker Associate Greg Milopoulos represented 1312-1318 N.F.H. LLC in the lease renewal of 6,000 square feet of space, located in a freestanding retail/warehouse building at 1314 Hollywood Blvd. in Hollywood, Fla., to Jose N. Zapata, doing business as World Tire Inc.

Berger Commercial Realty Corp. Principal Keith Graves, CCIM, represented SPG Palm Crossing LLC in the lease of 2,500 square feet of space, located in a multi-tenant flex warehouse building at 5381 NW 33rd Ave. in Fort Lauderdale, to Bear Communications, Inc.

Graves also represented 1600 17th Street Causeway, LLC in the lease of 5,639 square feet of space in a four-story, class-B office building to MHG Services. The property is located at 1600 SE 17th St. Causeway in Fort Lauderdale.

BRIEFS:

Property Address: 1314 Hollywood Blvd., Hollywood, FL
Landlord:  1312-1318 N.F.H. LLC
Tenant: Jose N. Zapata d/b/a World Tire Inc., represented by Judy Dolan and Greg Milopoulos of Berger Commercial Realty Corp.
Description: Renewal lease of 6,000 square feet of space in freestanding retail/warehouse building

Property Address: 5381 NW 33rd Ave., Suite 105, Fort Lauderdale, FL 33309
Landlord:  SPG Palm Crossing LLC , represented by Keith Graves, CCIM of Berger Commercial Realty Corp.
Tenant: Bear Communications, Inc.
Description: New lease for 2,500 square feet of space in multi-tenant flex/warehouse building

Property Address:  1600 SE 17th St. Causeway, Suites 410, 414, 418A, Fort Lauderdale, FL 33316
Landlord:  1600 17th Street Causeway, LLC, represented by Keith Graves, CCIM of Berger Commercial Realty Corp.
Tenant: MHG Services
Type: Property Description: Renewal extension with an expansion to 5,639 square feet of space in four-story, class-B office building

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES $2.5 MILLION SALE

FORT LAUDERDALE, Fla.– Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced brokers Judy Dolan and Steve Hyatt closed a $2.5 million sale in Fort Myers, Fla.

The property, a 136-unit apartment complex located at 3726 Central Ave, was sold by Coral Gulf IV, LLC,  to RFH Advisors Palm Vista, LLC. The deal closed March 31. Dolan and Hyatt represented the seller.

Lloyd Berger of Berger Special Assets, a division of Berger Commercial Realty Corp., previously served as receiver for the multifamily property, known as Palm Vista.

The property consists of 12 two-story buildings and  features one-bedroom/one-bath and two-bedroom/two-bath apartment units, as well as amenities such as a clubhouse, playground, pool and fitness center. 

 “We were able to resolve challenges facing this property in a cost-efficient manner and restored the asset's value,” said Lloyd Berger, founder and president of Berger Commercial Realty Corp.

Berger Special Assets, founded in 2008, serves as receiver, management company, and leasing agent to enhance the value of distressed commercial and multi-family properties across the state on behalf of lenders and financial institutions.

In another, unrelated transaction, Steve Hyatt closed the sale of a 10-unit apartment building located at 77 NW 77th St. in Miami for $315,000. Hyatt represented the seller, ECP Properties, Inc., in the sale to Greg Celentano, which closed March 25.
 
About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients' needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW SALE

FORT LAUDERDALE, Fla. – Brokers Judy Dolan and Steve Hyatt of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced the sale of a mixed-use property in Hollywood, Fla.

Located at 701 S. 21st Ave., the property features 10 apartments and four offices and sold for $550,000 to DLE Florida Investments 701, LLC. Dolan and Hyatt represented the seller SBC 2010-1, LLC.

BRIEF:

Property Address: 701 S. 21st Ave., Hollywood, FL 33024
Seller:  SBC 2010-1, LLC, represented by Judy Dolan and Steve Hyatt of Berger Commercial Realty Corp.
Buyer: DLE Florida Investments 701, LLC
Sold for: $550,000
Property Description: Mixed-use property with 10 apartments and four offices

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients' needs and the ever changing real estate market. Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES SEVERAL NEW LEASES

FORT LAUDERDALE, Fla. – Commercial real estate brokers Judy Dolan and Joe Jarkesy of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced several new lease transactions.
 
Dolan and Jarkesy represented landlord  4811 Lyons Tech Pkwy, LLC in the renewal of a lease for 1,562 square feet of space in a multi-tenant small bay warehouse, located at  4911 Lyons Technology Parkway in Coconut Creek, Fla., to tenant Butters Construction. The pair also represented 4811 Lyons Tech Pkwy, LLC in the renewal of a lease to tenant Franz, Inc., doing business as Handyman Connection, for 1,562 square feet of space in the same building.

Dolan and Jarksey also represented landlord Merrill Industrial Center, Inc. in the lease of 4,071 square feet of space in a multi-tenant warehouse, located at 3406 SW 26th Terrace in Dania, Fla., near Fort Lauderdale's Marina Mile, to tenant KW Management, LLC.

BRIEFS:

Property Address: 4911 Lyons Technology Parkway, Suite#23, Coconut Creek, FL 33073
Landlord:  4811 Lyons Tech Pkwy, LLC, represented by Judy Dolan and Joe Jarkesy of Berger Commercial Realty Corp
Tenant: Butters Construction
Description:  Renewal lease of 1,562 square feet of space in multi-tenant small bay warehouse

Property Address: 4911 Lyons Technology Parkway, Suite#100, Coconut Creek, FL 33073
Landlord:  4811 Lyons Tech Pkwy, LLC, represented by Judy Dolan and Joe Jarkesy of Berger Commercial Realty Corp
Tenant: Franz, Inc. d/b/a Handyman Connection
Description:  Renewal lease of 1,562 square feet of space in multi-tenant small bay warehouse

Property Address: 3406 SW 26th Terrace, Bay# C10, Dania, FL 33312
Landlord:  Merrill Industrial Center, Inc., represented by Judy Dolan and Joe Jarkesy of Berger Commercial Realty Corp
Tenant: KW Management, LLC
Description:  Lease of 4,071 square feet of space in multi-tenant warehouse located in the Marina Mile section of Fort Lauderdale.

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES $2.8 MILLION SALE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced a newly closed deal from broker Reese Stigliano, SIOR.

Stigliano represented CIG International, LLC, a subsidiary of CapitalSource Bank, in the sale of 53 acres of land known as Bonita Grand Estates for $2.8 million to investor Stefan Hoyer of Hoyer Homes, LLC.

Located at SW 208 St. and 134 Ave. in Miami, the land consists of 92 single family home lots started in 2005 and subsequently abandoned by the original developer.

BRIEF:

Property Address: SW 208 St. and 134 Ave., Miami, FL
Seller:  CIG International, LLC, a subsidiary of CapitalSource Bank, represented by Reese Stigliano, SIOR, of Berger Commercial Realty Corp.
Buyer: Stefan Hoyer of Hoyer Homes, LLC
Sold for: $2.8 million
Property Description: 53 acres of land, known as Bonita Grand Estates, consisting of 92 single family home lots started in 2005 and subsequently abandoned by the original developer

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients' needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES TWO NEW HIRES

Alisha Eutsey has more than 10 years of real estate experience. Prior to joining Berger Commercial, she was with Pompano Beach, Fla.-based CB Richard Ellis, Inc. Eutsey will be responsible for managing more than 650,000 square feet of commercial property, including preparing monthly reporting packages, rent collection, and vendor contract negotiations.

She attended Clark Atlanta University and is a resident of Coconut Creek, Fla.

Greg Milopoulos has more than four years of real estate experience. Previously, he served as a superintendent for Built By Owner, Inc. At Berger Commercial, Milopoulos will be handling the industrial and office sectors, including medical leasing and buying and selling of space.

He is a licensed real estate broker, licensed general contractor, and licensed mortgage broker. Milopoulos is a resident of Southwest Ranches, Fla.

Berger Commercial Realty Corp. provides comprehensive, cost-effective property management services to both institutional and non-institutional owners. The company’s management assignments include approximately 6.3 million square feet of commercial properties and 1200 multi-family units.

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES TWO NEW SALES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced new deals from brokers Steve Hyatt and Reese Stigliano, SIOR.

Hyatt and Stigliano represented seller SBC 2010-1, LLC in the sale of a 21-unit apartment building, located at 2309-2323 Madison St. in Hollywood, for $410,000 to buyer Rafael Correa.

Hyatt also represented SBC 2010-1, LLC in the sale of a seven-unit apartment building, located at 1033-1035 North Andrews Ave. in Fort Lauderdale, to Laurence Brokaw for $182,500.

BRIEFS:

Property Address: 2309-2323 Madison Street, Hollywood, FL 33020
Seller:  SBC 2010-1, LLC, represented by Steve Hyatt and Reese Stigliano, SIOR, of Berger Commercial Realty Corp.
Buyer: Rafael Correa
Sold for: $410,000
Property Description: 21-unit apartment building

Property Address: 1033-1035 North Andrews Avenue, Fort Lauderdale, FL
Seller:  SBC 2010-1, LLC, represented by Steve Hyatt of Berger Commercial Realty Corp
Buyer: Laurence Brokaw
Sold for: $182,500
Property Description: Seven-unit apartment building

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients' needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

NEW LEASES FROM BERGER COMMERCIAL REALTY CORP.

FORT LAUDERDALE, Fla. – Keith Graves of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new lease transactions.

• Graves represented landlord SPG NW 63rd Court, LLC in the lease of 59,912 square feet of industrial space in a free-standing warehouse and manufacturing building at 2775 NW 63rd Court in Fort Lauderdale to tenant Off Grid Solar, Inc.

• Graves also represented landlord 900 S.E. 3rd Avenue, LLC in the lease of 2,797 square feet of space in a three-story office building located at  900 S.E. 3rd Ave. in Fort Lauderdale to tenant Bermello, Ajamil & Partners, Inc.

BRIEFS:

Property Address: 2775 NW 63rd Court, Fort Lauderdale, FL 33309
Landlord:  SPG NW 63rd Court, LLC, represented by Keith Graves of Berger Commercial Realty
Tenant: Off Grid Solar, Inc.
Description: 59,912 square feet of industrial space located in a free-standing warehouse and manufacturing building

Property Address: 900 S.E. 3rd Avenue, Fort Lauderdale, FL 33316
Landlord:  900 S.E. 3rd Avenue, LLC, represented by Keith Graves of Berger Commercial Realty
Tenant: Bermello, Ajamil & Partners, Inc.
Description: 2,797 square feet of space in a three-story office building

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW SALES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new deals from brokers Judy Dolan and Steve Hyatt. Dolan and Hyatt represented the sellers in both transactions.

Dolan and Hyatt represented the James Pappas Trust & IHS Aventura Land LLC in the sale of The Cove Shopping Center, a 25,182-square-foot, three-building retail complex located at 18955-19029 Biscayne Boulevard in Aventura, to buyer Aventura Grand Cove LLC for $8,582,500.

Dolan and Hyatt also represented 1st National Bank of South Florida in the sale of a three-story, multi-tenant office building located at 1212 E. Broward Blvd. in Fort Lauderdale to Michael Meiser for $1,625,000.

BRIEFS:

Property Address: 18955-19029 Biscayne Boulevard, Aventura, FL 33180
Purchase Price: $8,582,500
Seller:  James Pappas Trust & IHS Aventura Land LLC, represented by Judy Dolan and Steve Hyatt
Buyer: Aventura Grand Cove LLC
Description:  The Cove Shopping Center, a 25,182-square-foot, three-building retail complex

Property Address: 1212 E. Broward Blvd., Fort Lauderdale, FL 33301
Purchase Price: $1,625,000
Seller: 1st National Bank of South Florida, represented by Judy Dolan and Steve Hyatt
Buyer: Michael Meiser
Description: Three-story, multi-tenant office building

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger customizes services and adapts to clients' needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW HIRE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced Lidia Negron has been hired as a property controller.

Negron has more than 15 years of real estate experience. She was previously a property controller at Corn Properties Corp. in Lauderdale Lakes, Fla. At Berger Commercial Realty Corp., Negron will be responsible for preparing financial statements for 15 properties on a monthly basis.

Negron graduated from Broward College. She is a resident of Tamarac.

Berger Commercial Realty Corp. provides comprehensive, cost-effective property management services to both institutional and non-institutional owners. The company’s management assignments include approximately 6.3 million square feet of commercial properties and 1,200 multi-family units.

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. BROKERS JUDY DOLAN, STEVE HYATT CLOSE THREE NEW DEALS

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced three new deals from brokers Judy Dolan and Steve Hyatt. Dolan and Hyatt represented the sellers in all three transactions.

• Dolan and Hyatt represented seller Doran Florida, LLC, in the $1.6 million sale of three apartment buildings to Glenshee Omega Carleton, LLC. The three buildings, totaling 32 apartment units, are located in Fort Lauderdale at 75 S.W. 10th St., 100 S.W. 10th St., and 100 S.W. 9th St.

• Dolan and Hyatt represented seller ECP Properties, Inc., in the sale of an 18-unit apartment building to DIV USA, LLC. for $965,000. The 13,202-square-foot property, consisting of 16 one-bedroom/one-bathroom units and two studio apartments, is located at 1607 Arthur St. in Hollywood, Fla.

• Dolan and Hyatt represented seller SBC 2010-1, LLC, in the sale of a 13-unit apartment building, located at 6031 Polk St. in Hollywood, Fla., to buyer 6031 Polk Street, LLC, for $352,5000.

BRIEFS:

Property Address: 75 S.W. 10th St., 100 S.W. 10th St., 100 S.W. 9th St.,
Fort Lauderdale, FL
Purchase Price: $1.6 million
Seller:  Doran Florida LLC, represented by Judy Dolan and Steve Hyatt
Buyer: Glenshee Omega Carleton, LLC
Description:  Three apartment buildings totaling 32 apartment units

Property Address: 1607 Arthur St., Hollywood, FL 33024
Purchase Price: $965,000
Seller: ECP Properties, Inc., represented by Judy Dolan and Steve Hyatt
Buyer: DIV USA, LLC
Description: 13,202-square-foot property consisting of 16 one-bedroom/one-bathroom units and 2 studio apartments

Property Address: 6031 Polk St., Hollywood, FL 33024
Purchase Price: $352,000
Seller: SBC 2010-1, LLC, represented by Judy Dolan and Steve Hyatt
Buyer: 6031 Polk Street, LLC
Description:  Apartment building consisting of13 one-bedroom/one-bath units

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. BROKER KEITH GRAVES ANNOUNCES NEW LEASES

FORT LAUDERDALE, Fla. – Keith Graves of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new lease transactions.

• Graves represented landlord 900 SE 3rd Avenue, LLC, in the lease of 17,493 square feet of office space, located at 900 S.E. 3rd Ave. in Fort Lauderdale, to Young Men's Christian Association of Broward County, Florida, Inc.

• Graves represented landlord TLC 201 Trust in the lease of 5,627 square feet of office space, located at 888 S.E. 3rd Ave. in Fort Lauderdale, to law firm tenant Phelan Hallinan and Schmieg, L.P.

BRIEFS:

Property Address: 900 S.E. 3rd Ave., Fort Lauderdale, FL 33316
Landlord:  900 SE 3rd Avenue, LLC
Tenant: Young Men's Christian Association of Broward County, Florida, Inc.
Description: 17,493 square feet of office space

Property Address: 888 S.E. 3rd Ave., Fort Lauderdale, FL 33316
Landlord:  TLC 201 Trust
Tenant: Law firm of Phelan Hallinan and Schmieg, L.P.
Description: 5,627 square feet of office space

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW INDUSTRIAL LEASES

FORT LAUDERDALE, Fla. – Keith Graves and St. George Guardabassi of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced two new lease transactions.

• Graves and Guardabassi represented landlord Schaefer Industries in the lease of 17,040 square feet of industrial space in the Schaefer Industrial building, located at 3350 S.W. 13th Ave in Fort Lauderdale, to tenant Altaquip, LLC.

• Graves and Guardabassi represented landlord Ideal Industries Properties, Ltd., in the lease of 3,000 square feet of industrial space in the Ideal Industrial building, located at 1421 S.W. 10th Ave. in Pompano Beach, Fla., to tenant Royal Roofing Co., Inc.

BRIEFS:

Property Address: 3350 S.W. 13th Ave, Fort Lauderdale, FL 33315
Landlord:  Schaefer Industries, represented by Keith Graves and St. George Guardabassi of Berger Commercial Realty Corp
Tenant: Altaquip, LLC
Description:  17,040 square feet of industrial space located in the Schaefer Industrial building

Property Address: 3350 S.W. 13th Ave, Fort Lauderdale, FL 33315
Landlord:  Ideal Industries Properties, Ltd., represented by Keith Graves and St. George Guardabassi of Berger Commercial Realty Corp
Tenant: Royal Roofing Co., Inc.
Description:  3,000 square feet of industrial space located in the Ideal Industrial building

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW LEASE TRANSACTION

FORT LAUDERDALE, Fla. – Judy Dolan and St. George Guardabassi of Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla., and serving clients around the state, announced their representation of landlord Curtis T. Bell Trust in the three-year lease of 2,788 square feet of office space, located at 333 N.W. 1st Ave. in Fort Lauderdale, to the Law Offices of Evan Kagan, P.A.

BRIEF:

Property Address: 333 N.W. 1st Ave., Fort Lauderdale, FL
Landlord:  Curtis T. Bell Trust
Tenant: Law Offices of Evan Kagan, P.A.
Description: Three-year lease of 2,788 square feet of office space

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions. Berger Commercial Realty Corp. is ranked as 2010's ninth largest commercial property management firm in South Florida, according to the South Florida Business Journal.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES NEW HIRE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced Cindy Rios has been hired as a property manager.

Rios has more than six years of real estate experience. She was previously an assistant property manager at Stiles Corporation. At Berger Commercial Realty Corp., Rios will be responsible for overseeing a property portfolio consisting of Parkway Lauderhill, University Park, Nova 95, and Palm Crossing.

Rios graduated from Miami Dade College. She is a resident of Miami.

Berger Commercial Realty Corp. provides comprehensive, cost-effective property management services to both institutional and non-institutional owners. The company’s management assignments include approximately 6.3 million square feet of commercial properties and 120 multi-family units.

About Berger Commercial Realty Corp.:  

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES THREE NEW DEALS IN MIAMI-DADE AND BROWARD COUNTIES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced three new deals from broker Steve Hyatt in Miami-Dade and Broward counties.

"We've seen a lot of activity this summer in apartment buildings with fewer than 30 units," said Hyatt. “In some cases, we’ve seen government entities form partnerships to purchase properties, and in other instances we’ve seen all-cash deals from foreign buyers.”

■ Hyatt acted as the sole broker on the $390,000 sale of the Overtown property, located at 1410 NW 1st Avenue in Miami, to buyer St. John Village 1410, LLC, from seller 1410 Holdings, LLC.

The 26-unit apartment building is located in the Overtown section of Miami. The property is being renovated by St. John Community Development Center in conjunction with The City of Miami under the U.S. Department of Housing and Urban Development (HUD) and the federally sponsored Neighborhood Stabilization Program (NSP).

■ Hyatt represented seller 421 Banks Road, LLC, in the sale of an eight-unit apartment building, located at 421 Banks Road in Margate, Fla., for $355,000 to buyer First Atlantic Ventures, LLC, represented by Racine Tan of Charles Rutenberg Realty.

■ Hyatt represented seller ECP Properties, Inc., in the $220,000 sale of a 20-unit apartment  building in Liberty City, located at 7136-7146 NW 14th Place, to buyer 7136  Building, LLC.

BRIEFS:

Property: 1410 NW 1st Avenue, Miami, FL
Purchase Price: $390,000
Seller: 1410 Holdings, LLC
Buyer: St John Village 1410, LLC
Broker: Steve Hyatt (sole broker on deal)
Description:  26-unit apartment building located in the Overtown section of Miami, being renovated by St John Community Development Center in conjunction with The City of Miami under the U.S. Department of Housing and Urban Development (HUD) and the federally sponsored Neighborhood Stabilization Program (NSP).

Property: 421 Banks Road, Margate, FL 33331
Purchase Price: $355,000
Seller: 421 Banks Road, LLC, represented by Steve Hyatt
Buyer: First Atlantic Ventures, LLC, represented by Racine Tan of Charles Rutenberg Realty
Description: 6,592 square-foot, newly renovated 8-unit apartment building on a 14,219 square-foot lot.

Property: 7136-7146 NW 14th Place, Miami, FL
Buyer: 7136  Building, LLC
Seller: ECP Properties, Inc, represented by Steve Hyatt
Sales price: $220,000
Description: 8,042 square-foot, 20-unit apartment building on a 112,473 square-foot lot located in Liberty City.

About Berger Commercial Realty Corp.:  Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES RECENT LEASE FOR NEW HOME OF AUDI LIGHTHOUSE POINT

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced a new lease between Lighthouse Point Auto Investors I, LLC, and  Broward Automotive, Inc, doing business as Audi Coral Springs, represented by broker Steve Hyatt, at 4250 North Federal Highway in Lighthouse Point, Fla.

"After renovations, the property will be the new home of Audi Lighthouse Point, a new sales and service facility for the Audi franchise," said Hyatt. "Audi Coral Springs and Audi Lighthouse Point are owned by the Qvale Automotive Group, a large dealership group with operations in Florida and California."

The multi-year agreement is for a 31,781 square-foot property is located on 2.9 acres of land.

"Audi Lighthouse Point will open September 1 and will serve as an additional eastern satellite operation for customers in the Fort Lauderdale, Pompano Beach and Boca Raton areas ," said Hyatt.

Hyatt joined Berger Commercial Realty Corp. as Senior Vice President and Director of Business Development after a successful 12-year career as Vice President of Corporate Development at AutoNation, Inc. (NYSE:AN), an $18 billion, Fortune 100 automotive retailer based in Fort Lauderdale. While at AutoNation, he was responsible for the acquisition and disposition of over 175 automobile dealerships in 17 states.

BRIEF:

Property Address: 4250 North Federal Highway, Lighthouse Point, FL 33064
Lessor: Lighthouse Point Auto Investors I, LLC
Lessee: Broward Automotive, Inc, dba Audi Coral Springs, represented by Steve Hyatt
Property Description: 31,781 square feet on 2.9 acres
Lease Terms: Multi-year agreement with extensions

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP. CLOSES $1.35 MILLION SALE OF POMPANO BEACH APARTMENT PORTFOLIO

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced brokers Steve Hyatt and Reese Stigliano, SIOR, represented Yellow Park of Pompano, LLC, in the short sale of a five-building, 60-unit apartment portfolio for $1.35 million to Silver Key, LLC.

"The five buildings sold for about $22,500 per unit," said Stigliano, a principal of the firm. "We negotiated a short sale; the original debt was over $2.9 million. The deal was an all-cash transaction."

The five, two-story buildings were all built between 1967 and 1970, and feature one-bedroom, one-bathroom units. The buildings are located in Pompano Beach at 170 S.W. 8th St.; 180 S.W. 8th St.; 200 S.W. 8th St.; 220 S.W. 8th St.; and 241 S.W. 8th Court.

BRIEF:

Seller: Yellow Park of Pompano, LLC, represented by Steve Hyatt and Reese Stigliano, SIOR, of Berger Commercial Realty Corp.
Buyer: Silver Key, LLC
Price:  $1.35 million
Description of portfolio:  Five two-story buildings; 60 one-bed, one-bath units
Address of buildings: 
- 170 S.W. 8th St., Pompano Beach, FL 33060
- 180 S.W. 8th St., Pompano Beach, FL 33060
- 200 S.W. 8th St., Pompano Beach, FL 33060
- 220 S.W. 8th St., Pompano Beach, FL 33060
- 241 S.W. 8th Court, Pompano Beach, FL 33060

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

LLOYD BERGER OF BERGER SPECIAL ASSETS NAMED RECEIVER FOR TWO PROPERTIES IN NAPLES

FORT LAUDERDALE, Fla. – Berger Special Assets, a division of Berger Commercial Realty Corp., announced Lloyd Berger has been named receiver for two properties in Naples, Fla. – River Park, located at 330 11th St. North and 1015 2nd Ave. North; and
Gordon River, located at 1400 5th Ave. North.

“Our plan is to turn around these properties and restore their values and occupancy levels,” said Berger, founder and president of Berger Commercial Realty Corp.

River Park is a nine-building complex consisting of 108 units. Gordon River is a 12-building apartment complex containing 96 units. The property features a playground and a pool and is near the beach .

Berger Special Assets (BSA), a division of Berger Commercial Realty Corp., serves as receiver, management company, leasing and sales agent for distressed commercial and multi-family properties on behalf of lenders. Founded in late 2008, BSA grew exponentially in 2009 from nine active accounts in five cities and 16 properties to 25 cities with 128 properties, geographically expanding from South Florida to Tampa, St. Petersburg, Orlando, Daytona, the Southwest corridor and all points in between. In the process, Berger Commercial Realty Corp. and its subsidiaries have grown to a staff of 38 statewide. 

In addition to referrals from real estate attorneys and lenders, BSA now is seeing new assignments coming from debt investors acquiring distressed loan portfolios from lenders.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES PROMOTION AND NEW HIRE

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced Joseph Jarkesy has been hired as a Broker Associate and Brad Sheppard has been promoted from Senior Property Manager to Vice President of Berger Special Assets, a division of Berger Commercial Realty Corp.

Joseph Jarkesy has more than six years of real estate experience, most recently as a broker associate with the Fitzgerald Group. He will be handling tenant and landlord representation in the Fort Lauderdale area. Jarkesy graduated from Florida State University with a Bachelor's degree in real estate and finance and a certificate in planning studies.

Brad Sheppard has been with Berger since 2007. Throughout his career, he has leased in excess of two million square feet, represented buyers and sellers in sales transactions of more than four million square feet, and provided property/asset management for more than sixty different properties. His clients include institutions, private investors, receivers, REITs and limited partnerships.

Sheppard is a CPM candidate and a member of the International Council of Shopping Centers. He received his Bachelor's degree in real estate from East Tennessee State University. Sheppard holds his Florida Real Estate Salesman license.

BERGER COMMERCIAL REALTY CORP. RECEIVES AWARD AS TOP BROWARD LEASING FIRM

Vice President Judith Dolan Also Receives Honor as Top Industrial Leasing Broker

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced it has earned a 2009 CoStar Power Broker award as a Top Leasing Firm in Broward County. This is the firm's third year receiving the award.

Additionally, Vice President Judith A. Dolan has been awarded a 2009 CoStar Power Broker Award as Top Industrial Leasing Broker for the South Florida market. This is her third year receiving the award. Dolan currently represents owners for over one million square feet of office, flex and warehouse properties.

CoStar measure 2009 performance against all the commercial real estate brokers active in the South Florida region. Rankings were based on overall industrial leasing transaction volume for 2009 as reported to CoStar. As the largest provider of information, analytics and marketing services to commercial real estate professionals worldwide, CoStar is uniquely qualified to rank and recognize the most active firms and individual dealmakers in each market.

Dolan’s noteworthy assignments include serving as leasing representative for Palm Crossing, a 187,000-square-foot flex project in the Fort Lauderdale Commerce Center; Flamingo Park of Commerce, a 267,000-square-foot flex project in Miramar; Regions Bank Building in North Miami Beach, a 110,000-square-foot mixed use office/retail property; and Pompano Citi Centre.

Dolan, who has been with Berger Commercial Realty Corp. for three years, has 12 years of experience in commercial real estate brokerage and also is a licensed attorney with expertise in real estate transactions. She earned a Juris Doctor from University of Miami School of Law in 1992 and a Bachelor of Science in Criminal Justice, graduating Cum Laude from Rowan

BERGER COMMERCIAL REALTY CORP. ANNOUNCES TWO MULTIFAMILY SALES

Brokers See Uptick in Sales Volume

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state of Florida, announced the following two sales of multifamily properties:

Address: 160 NW 14th Street Pompano Beach, FL 33060
Loan: $745,000
Sold: $380,000
Units: 14
Seller: ECP Properties, Inc., represented by Reese Stigliano and Steve Hyatt
Buyer: Merk Funds, LLC

Address: 100 NE 10th Street Pompano Beach, FL 33060
Loan: $559,000
Sold: $255,000
Units: 8
Seller: Letelier, LLC, represented by Reese Stigliano and Steve Hyatt
Buyer: Wilcin, LLC

"Although neither of these sales are very large in dollar volume, a couple of significant trends have emerged in this asset class," said Reese Stigliano, principal of Berger Commercial Realty Corp.  "Transactions are happening. We now see buyers making offers and sellers accepting offers. Prices have dropped to a level that are acceptable to the buyer and the general feeling is we have hit the bottom of the market.  These sales show that today’s prices are 50% or less than the last sale of the property."

About Berger Commercial Realty Corp.:  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory / investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

LLOYD BERGER OF BERGER SPECIAL ASSETS NAMED RECEIVER FOR PALM VISTA IN FORT MYERS

FORT LAUDERDALE, Fla. – Berger Special Assets, a division of Berger Commercial Realty Corp., announced Lloyd Berger has been named receiver for Palm Vista in Fort Myers, Fla. The 136-unit property consists of 12 two-story buildings located at  3726 Central Ave in Fort Myers.

 “We are positioned to successfully resolve the challenges of this failed property in a cost-efficient manner to restore the asset to its maximum value and occupancy,” said Berger, founder and president of Berger Commercial Realty Corp.

Palm Vista features one-bedroom/one-bath and two-bedroom/two-bath apartment units, as well as amenities such as a club house, playground, pool, and fitness center. 

Berger Special Assets (BSA), a division of Berger Commercial Realty Corp., serves as receiver, management company, leasing and sales agent for distressed commercial and multi-family properties on behalf of lenders.  Founded in late 2008, BSA grew exponentially in 2009 from nine active accounts in five cities and 16 properties to 25 cities with 128 properties, geographically expanding from South Florida to Tampa, St. Petersburg, Orlando, Daytona, the Southwest corridor and all points in between. In the process, Berger Commercial Realty Corp. and its subsidiaries have grown to a staff of 38 statewide. 

The division continues to receive five to seven new accounts per month. In addition to referrals from real estate attorneys and lenders, BSA now is seeing new assignments coming from debt investors acquiring distressed loan portfolios from lenders.

BERGER COMMERCIAL REALTY CORP. BROKER KEITH GRAVES AWARDED CCIM DESIGNATION

Achievement Signifies Expertise in Commercial Real Estate

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announced broker and firm principal Keith R. Graves has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the leading commercial real estate associations in the world. 

The CCIM designation is awarded to commercial real estate professionals upon successful completion of a graduate-level education curriculum and presentation of a portfolio of qualifying experience. Graves was among 272 commercial real estate professionals who earned the designation by passing this year's CCIM Comprehensive Examination, the final component in the designation process. 

Only about six percent of an estimated 150,000 commercial real estate practitioners nationwide hold the CCIM designation, which reflects not only the caliber of the program, but why it is one of the most coveted and respected designations in the industry.  CCIMs are recognized experts in commercial real estate brokerage, leasing, asset management, valuation, and investment analysis.

Graves is a member of the Realtor Association of Greater Fort Lauderdale and holds a Professional Designation of Real Property Administrator (RPA) from BOMI International. He earned his Bachelor of Science in business administration at Ashland University in Ohio.

About CCIM:
Since 1969, the Chicago-based CCIM Institute has conferred the Certified Commercial Investment Member designation to commercial real estate and allied professionals through an extensive curriculum of 200 classroom hours and professional experiential requirements.  Currently, there are more than 9,000 CCIMs in 1,000 markets throughout  the United States, Canada, and 30 additional countries.  An additional 7,000 practitioners are pursuing the designation, making the institute the governing body of one of the largest commercial real estate networks in the world.  An affiliate of the National Association of Realtors®, the CCIM Institute’s recognized curriculum, powerful technology tools, and networking programs impact and influence the commercial real estate industry. Visit www.ccim.com for more

BERGER COMMERCIAL REALTY CORP. CLOSES TWO NEW DEALS

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state of Florida, announced Judy Dolan and Steve Hyatt have been selected to represent First National Bank of South Florida in the sale of a 15,204-square-foot office building located at 1212 East Broward Blvd. The property is listed at $2,299,000.

Berger Commercial Realty Corp also announced the following two deals:

Fort Lauderdale Office Condo Purchased for $957,000
Address: 1510 S.E. 17th St., Unit 400A, Fort Lauderdale
Property type: 4,510-square-foot individual office condominium in 21,000-square-foot Marine Executive Center
Price: $957,500
Seller: Pearson Properties II, LLC
Buyer: Resolve Marine Group, Inc., represented by St. George Guardabassi and Judy Dolan

10-year Lease Signed on North Miami Beach Office Space with Retail Component
Address: 167 N.E. 167th St., North Miami Beach
Property type: 14,230-square-feet of office space and 1,200-square-feet of retail space in        12-story Regions Bank Building
Landlord: JAWOF Divine Square, LLC, represented by Judy Dolan
Tenant: Bayview Center for Mental Health

"We are seeing a slight increase of activity in various transaction types,” said Lloyd Berger, founder and president of Berger Commercial Realty Corp. "Although the commercial real estate market has not recovered, business is still being transacted."

BERGER COMMERCIAL REALTY CORP. ANNOUNCES THREE MULTIFAMILY SALES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state of Florida, announced three multifamily property sales of former WAMU assets:

Address: 3901 N.E. 21 Ave., Fort Lauderdale, FL 33308
Previous Sale: 7/15/2004 $800,000
Sold: $650,000
Sold Date: 3/19/2010
Units: 8
Seller: ECP Properties, Inc.  
Buyer: Dagur Investments III, LLC

Address: 1131 N.E. 25 Ave., Pompano Beach, FL 33062
Previous Sale: 12/2006 $1,550,000
Sold: $650,000
Sold Date: 4/11/10
Units: 20
Seller: ECP Properties, Inc. 
Buyer: C.U. Inc.

Address: 821 & 822 NW 7 Ave., Hallandale Beach, FL 33009
Previous Sale: 4/27/2006 $1,265,000
Sold: $360,000
Sold date: 4/14/2010
Units: 16
Seller: ECP Properties, Inc.  
Buyer:  TIJ Investments, LLC
 

BERGER SPECIAL ASSETS EXPANDS THROUGHOUT FLORIDA

Superior Track Record and Cost Efficiency with Distressed Commercial and Multi-family Properties Continues to Fuel Special Division’s Growth

FORT LAUDERDALE, Fla. - Berger Special Assets (BSA), a division of Berger Commercial Realty Corp., continues to expand through the State of Florida, serving as receiver, management company, leasing and sales agent for distressed commercial and multi-family properties on behalf of lenders.  

Founded in late 2008, BSA grew exponentially in 2009 from nine active accounts in five cities and 16 properties to 25 cities with 128 properties, geographically expanding from South Florida to Tampa, Orlando, Daytona, the Southwest corridor and all points in between.

The division continues to receive five to seven new accounts per month. In addition to referrals from real estate attorneys and lenders that recognize the firm’s effectiveness and cost efficiency, BSA now is seeing new assignments coming from debt investors acquiring distressed loan portfolios from lenders.

“Our expertise in successfully resolving the challenges presented by distressed properties in a cost-efficient manner has earned the trust of real estate attorneys and lenders, and has fueled the growth of Berger Special Assets as a stand-alone division,” said Lloyd Berger, president and founder of Berger Commercial Realty Corp. “We provide a superior combination of real estate knowledge and client-centric service as we find the best solution to reposition each asset for maximum value and occupancy.”

BERGER SPECIAL ASSETS, IN RECEIVERSHIP ROLE, REPOSITIONS FAILED 178-UNIT UNFINISHED CONDO PROJECT IN ST. PETERSBURG

FORT LAUDERDALE, Fla. – Berger Special Assets, acting as receiver for Plaza Fifth Apartments in St. Petersburg, Fla., has completed repositioning the 178-unit project, which is now being marketed as rental apartments, rather than condominium units as was planned by the original developer. Berger Special Assets, a division of Berger Commercial Realty Corp. was hired in October 2009 by the lender, Capital Source, to provide construction management for completion of the failed condominium and subsequent oversight of the project. 

 “Our expertise and cost-efficiency in successfully resolving the challenges presented by failed properties and repositioning the asset for maximum value and occupancy has fueled our growth in this specialty around the state,” said Lloyd Berger, founder and President of Berger Commercial Realty Corp. “This particular failed project had many hurdles, not the least of which was bankruptcy filings by two of the core trades during construction.”

One-, two- and three-bedroom apartments in the 12-story building range from 758 to 1975 square feet with features such as granite countertops, solid wood cabinetry, central air, walk-in closets, private patios, and floor-to-ceiling windows. The building's amenities include a business center, swimming pool with tanning deck, clubroom with flat screen TV, a cardio and fitness center, and controlled access gates.

Berger Special Assets (BSA), a division of Berger Commercial Realty Corp., serves as receiver, management company, leasing and sales agent for distressed commercial and multi-family properties on behalf of lenders.  Founded in late 2008, BSA grew exponentially in 2009 from nine active accounts in five cities and 16 properties to 25 cities with 128 properties, geographically expanding from South Florida to Tampa, St. Petersburg, Orlando, Daytona, the Southwest corridor and all points in between. In the process, Berger Commercial Realty Corp. and its subsidiaries have grown to a staff of 38 statewide. 

The division continues to receive five to seven new accounts per month. In addition to referrals from real estate attorneys and lenders, BSA now is seeing new assignments coming from debt investors acquiring distressed loan portfolios from lenders.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES PROMOTIONS AND NEW HIRES

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale and serving clients around the State of Florida, has announced the following two promotions and five new hires:

Promotions

Timothy Hackett has been promoted to Vice President of Property Management and will supervise and manage select client property portfolios. A resident of Fort Lauderdale, Hackett has 14 years of industry experience and previously was Senior Property Manager at Berger Commercial Realty Corp.

Marie Dunn has been promoted to Property Controller.  Previously, Dunn was Assistant Controller for Berger’s Fort Lauderdale office. A resident of Davie, she has 15 years of experience in real estate finance.  Dunn’s responsibilities include preparing financial statements for 15 properties on a monthly basis.

New Hires

Emilio Alvarez has been appointed Senior Property Manager and will manage specific client portfolios.   Alvarez, formerly a property manager for Lincoln Property Company in Coral Gables, brings 15 years of experience to Berger Commercial Realty.  Alvarez resides in Hollywood, Fla.

Joseph Hilton has been appointed Property Manager in Miami-Dade County for Berger Special Assets, the company division that serves as receiver, management company, leasing and sales agent for distressed commercial and multi-family properties on behalf of lenders. Hilton, who resides in Plantation, Fla., brings 10 years of experience to Berger Commercial Realty. 

Rosie Rominger has been appointed Accounting Department Supervisor, responsible for providing monthly financials for a 30-property portfolio. Formerly with The Fitzgerald Group, Rominger, who is a resident of Plantation, brings 23 years of experience to Berger Commercial Realty.

Giselle Gordon has joined the company as a Property Manager, bringing 17 years of related experience to Berger Commercial Realty Corp.  Gordon resides in Miami. 

Jessica Lee has been named Receivership Controller, responsible for preparing financial reports for receiverships managed by the company. Lee has 10 years of experience, most recently with NAI Merin Hunter Codman in West Palm Beach, where she was Corporate Accounting Administrator. Lee is a resident of Pompano Beach.

About Berger Commercial Realty Corp.  
Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

BERGER COMMERCIAL REALTY CORP PROMOTES JUDITH DOLAN TO VICE PRESIDENT

FORT LAUDERDALE, Fla. -- February 15, 2010--Berger Commercial Realty Corp. has announced the promotion of Judith A. Dolan from Broker Associate to Vice President of the company. Dolan currently represents owners for over one million square feet of office, flex and warehouse properties.

Dolan, who has been with Berger Commercial Realty Corp. for three years, has 12 years of experience in commercial real estate brokerage and also is a licensed attorney with expertise in real estate transactions. She earned a Juris Doctor from University of Miami School of Law in 1992 and a Bachelor of Science in Criminal Justice, graduating Cum Laude from Rowan University in Glassboro, New Jersey.

“Judy Dolan’s depth of experience and knowledge of commercial real estate is a valuable asset to our company,” said Lloyd Berger, founder and president of Berger Commercial Realty Corp. “She supports our mission of providing clients a sophisticated level of knowledgeable, personalized solutions and service.”

Among Dolan’s noteworthy assignments include serving as leasing representative for Palm Crossing, a 187,000 sf flex project in the Fort Lauderdale Commerce Center; Flamingo Park of Commerce, a 267,000 sf flex project in Miramar; Regions Bank Building, North Miami Beach, a 110,000 sf mixed use office/retail property; and Pompano Citi Centre.

A resident of Dania Beach, Dolan assumes leadership roles in many South Florida non-profit organizations. In December 2009, she received the First Annual Halo Award from Heaven’s Helpers, Inc. She was named Woman of the Year by the American Business Women’s Association, Pembroke Pines Chapter and currently serves as Secretary of the Board of Directors of Advocates for Children & Families, Inc., a non-profit adoption agency in North Miami Beach.  She received the Pinnacle Award from the Miramar Pembroke Chamber of Commerce, is the founder and past chairwoman of The Women’s Chamber of Commerce and a former president of the American Business Women’s Association. In addition, Dolan was named a Costar Powerbroker in 2007 and 2008.

About Berger Commercial Realty Corp.

Founded in 1998, Berger Commercial Realty Corp. is a full service commercial real estate firm.  A local, independent and privately-owned firm, Berger can customize services and adapt to clients needs and the ever changing real estate market.  Services include brokerage/tenant and buyer representation, property management, agency/project leasing, capital advisory/investment sales, construction/project management, and retail services. The company established a dedicated division, Berger Special Assets, to serve as receiver and enhance the value of distressed properties by providing expert management, leasing and sales representation on behalf of lenders and financial institutions.

CHERI S. VOGEL JOINS BERGER COMMERCIAL REALTY CORP.

FORT LAUDERDALE, Fla. -- December 14, 2009--Cheri S. Vogel, CPM has joined Berger Commercial Realty Corp., as a Senior Property Manager. Prior to joining BCRC Ms. Vogel worked as a Construction Project Manager/Consultant working with National facility managers for CoMerica bank, Litter & Associates, Skanska Construction Services and several other large corporations.

She previously held positions with the regional firms of The Parmenter Company, Autonation USA & Stiles Corporation as well as the national firm of Highwoods Properties. Ms. Vogel brings to the firm 27 years of diverse experience in the real estate management field with multi-functional expertise in project management, tenant relations and expenditure management.

STEVE SOCKRIDER JOINS BERGER COMMERCIAL REALTY CORP.

FORT LAUDERDALE, Fla. -- December 7, 2009-- Steve Sockrider joined Berger Commercial as Vice President of Operations. Prior to his appointment with BCRC, Mr. Sockrider served as a Sr. Vice President, Area Director in charge of Trammell Crow Company’s South Florida Development and Investment activities and previously held senior level positions with Codina Group and CMD Realty Investors. 

Steve is an an accomplished real estate professional with twenty years of investment, asset management, operations and development for owners/developers in senior roles at top commercial real estate firms.  His broad experience has been built upon institutional grade office, industrial, mixed-use, healthcare and retail segments of South Florida’s commercial real estate industry. 

BERGER COMMERCIAL REALTY CORP. RECOGNIZED IN THE BOOK OF LIST BY THE SOUTH FLORIDA BUSINESS JOURNAL

Fort Lauderdale, FL – 18th November, 2009 Berger Commercial Realty Corp. was recognized in  the book of list among the top leading Brokerage and Management firms in the South Florida region.

BCRC ranked amongst the top 5 Largest Commercial Real Estate Brokerages based on square footage sold/lease as well as ranked #9 on list for Largest Commercial Property Management firms based on rentable square footage managed.   
 
Berger Commercial Realty Corp., founded in 1998 provides full service commercial real estate services, including tenant/buyer representation, leasing and property management, receivership, and investment sales. The firm currently manages a portfolio of over 6 million square feet throughout South Florida and handles over 40 receiverships.

BERGER COMMERCIAL REALTY ANNOUNCES THE SALE OF TWO ACRES OF LAND

Fort Lauderdale, FL – November 03, 2009 Berger Commercial Realty Corp. announces the sale of two acres of land located at the southeast corner of Griffin Road and SW 58th Avenue in the Town of Davie as well as the pre-leasing commencement of the Phase II of the 5700 Griffin Road project. The Buyer, 5780 Griffin Road LLC purchased the two acres from Juan & Lazara Torres on October 15th for $840,000. Reese Stigliano, SIOR of Berger Commercial Realty Corp. represented the Buyer 5780 Griffin Road LLC and Seller was represented by Joe Caprio of Joe Caprio and Company, Inc.

The principal of 5780 Griffin Road LLC, James B. Pirtle is the developer of the two story 30,000 square foot 5700 Griffin Road Building. The impetus for the land sale was due to the successful leasing of 5700 Building which is 100% leased. Stigliano, who handled the leasing of the building said, “The 5700 Building a LEED certified, hurricane resistant building will be duplicated on the new site. The demand for Phase I was extraordinary, especially in today’s economy but the great location, which is immediately west of the Florida turnpike, the green component of the building, impact glass windows and back-up generator made the building very desirable.”

Phase II will be a mirror image of the Phase I building whose anchor tenant is James B. Pirtle Construction Company. Ground breaking for Phase II is scheduled for third quarter 2010.

BERGER COMMERCIAL REALTY EXPANDS INTO MIAMI-DADE COUNTY

Fort Lauderdale,FL--July 15, 2009 -- Berger Commercial Realty has been retained by Seagis Property Group LP to manage 15 of its buildings in Miami-Dade County. The properties, zoned industrial-flex and totaling two million square feet, are located from North Dade to Kendall.

The deal is an extension of an existing alliance, with Berger currently providing management and leasing services for Seagis properties in Broward County. Seagis also owns logistically-driven properties in New York, New Jersey, and Pennsylvania.    

"This expansion opportunity reflects the growing demand by commercial property owners for more responsive, local-market management services," said Lloyd Berger, principal/ president of Berger Commercial Realty. "A hands-on, client-centric approach has brought significant value to our partners and been critical to our growth throughout the region."

Berger Commercial Realty Corp., founded in 1998 as Berger Realty Corp., provides full service commercial real estate services, including tenant/buyer representation, leasing and property management, receivership, and investment sales. The firm currently manages a portfolio of over 6 million square feet throughout South Florida and handles 33 receiverships.

BERGER COMMERCIAL REALTY ANNOUNCES $1.4 MILLION SALE

Fort Lauderdale, FL - July 15, 2009- Berger Commercial Realty Corp. announces the $1,400,000 sale of a 2.25 Acre tract of Light Industrial Zoned land located at 9641 West Atlantic Avenue, Delray Beach, Florida.

The buyer was Blue Bell Creameries, LP, a Delaware Limited Partnership and was represented by William Mankin of Colliers – Arnold of Fort Meyers, FL.

The Seller was West Atlantic Property Associates, LLC, A Florida Limited Liability Corporation and was represented by Gordon Lunt of Berger Commercial Realty Corp. of Fort Lauderdale, FL.

Blue Bell Creameries intends to develop a new office/distribution facility at the location to serve the local market area. The deal closed on June 29, 2009.

Berger Commercial Realty Corp., founded in 1998 as Berger Realty Corp., provides full service commercial real estate services, including tenant/buyer representation, leasing and property management, receivership, and investment sales. The firm currently manages a portfolio of over 6 million square feet throughout South Florida and handles 33 receiverships.

2008 COSTAR’S POWER BROKER AWARD

Fort Lauderdale, FL – 1st June 2009 Berger Commercial Realty Corp. has been named among Broward County’s 2008 Costar Power Brokers by Costar Group, Inc. for leasing and sales.

Measured against all the commercial real estate brokerage firms in the region and based on the total leasing and sales transaction volume in 2008, Berger Commercial Realty Corp. was recognized as one of the top commercial real estate firms in the South Florida region as well as in the United States by Costar’s 2008 Power Broker Award.

 Judy Dolan, Reese Stigliano, SIOR and Lloyd Berger were also included among the top individual brokers in the region.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES RECENT TRANSACTIONS TOTALING 65,900 SQUARE FEET

Fort Lauderdale, FL -- 12 May 2009 -- Berger Commercial Realty Corp. has recently negotiated 65,900 square feet of lease transactions.

 Berger Commercial Realty Corp.’s St.George Guardabassi represented the landlord, Mars Powerline Ltd Partnership, d/b/a E.J. Plesko and Associates, in a 25,000 square foot 3 year lease to Barrons Wholesale Tires, Inc. The warehouse space is located at 5300 Powerline Road, Fort Lauderdale, FL 33308.

Ultimate Aircraft Composites recently extended their lease of 40,900 square feet of flex space at 3420 NW 53rd Street, Fort Lauderdale, FL 33309.  Judy Dolan, Berger Commercial Realty Corp., represented the landlord, Seagis FLCC.

BCRC RECENTLY NEGOTIATED 18,784 SQUARE FEET LEASE TRANSACTION

Fort Lauderdale, FL -- 28 April 2009 -- Berger Commercial Realty Corp. has recently negotiated 18,784 square foot lease transaction valued at approximately $1.2 million.  

Berger Commercial Realty Corp.’s Judy Dolan and Paul Herman represented the lessor, Divine Square, LLC in an 18,784 square foot 5 year lease to Regions Bank. The office space is located at 633 NE 167th Street, North Miami Beach, FL 33162.

Announcement-Steve Hyatt Joins Berger Commercial Realty Corp.

Steve Hyatt joined Berger Commercial Realty Corp. as Senior Vice President and Director of Business Development after a successful career as Vice President of Corporate Development at AutoNation, Inc. (NYSE:AN), an $18 billion, Fortune 100 automotive retailer based in Fort Lauderdale.   

Mr. Hyatt brings to the firm extensive experience in landlord and tenant representation, land sales, as well as build to suit and speculative development projects.

JOHN BIBISH JOINS BERGER COMMERCIAL REALTY CORP.

FORT LAUDERDALE, Fla. – John E. Bibish IV has joined Berger Commercial Realty Corp., as a Sales Associate.

Prior to joining BCRC, Mr. Bibish worked as an attorney for some of South Florida’s largest law firms where his focus was on representing clients, ranging from publicly traded companies to blue chip developers to investor groups and even not for profit corporations, in commercial real estate matters. 

Mr. Bibish’s professional/legal experience specifically includes acquisitions and sales, commercial leasing (office/warehouse/retail/restaurant), condominium development and sales, and litigation in matters ranging from insurance disputes for property damage to foreclosure defense.

BCRC RECENTLY NEGOTIATED 43,000 SQUARE FEET LEASE TRANSACTION

Fort Lauderdale, FL -- 22 December 2008 -- Berger Commercial Realty Corp. has recently negotiated 43,000 square foot lease transaction valued at approximately $2.2 million.  

 Berger Commercial Realty Corp.’s Judy Dolan, represented the lessor, Flamingo Park OTFS in a 43,000 square foot 3 year lease to General Services Administration. The flex space is located at 12018-12050 Miramar Parkway also known as Flamingo Park of Commerce.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES $30.5 MILLION SALE

Fort Lauderdale – September 8, 2008 – Berger Commercial Realty Corp. announces the $30.5 million sale of a portfolio of three (3) Self Storage facilities. The self storage facilities are all located in Palm Beach County Florida. The sale included the following properties: Safe & Secure Royal Palm Beach, a 134,000 sq.ft. facility built in 2005 located at 8970 Belvedere Road, Safe & Secure Boynton Beach a 92,000 sq.ft. facility built in 2006 located at 3010 South Congress Avenue and Safe & Secure Delray Beach a 147,000 sq.ft. facility located at 2512 North Federal Highway.

The buyer was United Stor-All Centers located in Blue Bell, PA.  Reese Stigliano, SIOR, Lloyd Berger and Gordon Lunt represented the Seller, Safe & Secure Self Storage.  The deal closed July 15, 2008.

TIM HACKETT JOINS BERGER COMMERCIAL REALTY CORP. AS SENIOR PROPERTY MANAGER

FORT LAUDERDALE, Fla. – Tim Hackett has joined Berger Commercial Realty Corp., as a Senior Property Manager. Berger Commercial Realty Corp., located in Fort Lauderdale, Florida, is a full-service commercial realty brokerage and management firm.

Tim began his commercial real estate career with Sentinel Real Estate located in Atlanta, Georgia in 1997 as a Property Manager. In 2000 Tim joined Urban Retail Properties as a Property Manager with direct oversight of five community centers.  Mr. Hackett brings to the firm eleven years in the real estate management field with multi-functional expertise in project management, tenant relations and expenditure management.  His clients include Institutions, Private Investors, Receivers, REITs and Limited Partnerships.

PAUL HERMAN JOINS BERGER COMMERCIAL REALTY CORP. AS SALES ASSOCIATE

FORT LAUDERDALE, Fla. – Paul Herman has joined Berger Commercial Realty Corp., as a sales associate. Berger Commercial Realty Corp., located in Fort Lauderdale, Florida, is a full-service commercial realty brokerage and management firm.

Mr. Herman has a wide range of experience in industrial/land sales and leasing as well as land development and multifamily residential development. He will be representing clients in the sales and leasing of industrial properties, as well as land and office developments.  Prior to joining the company Mr. Herman was with DR Horton, Inc. as a Development Project Manager/Entitlements Analyst. Mr. Herman, a resident of Fort Lauderdale is a graduate of the University of Florida with a Master of Arts in Real Estate as well as Bachelor of Science in Building Construction.

BERGER RETAINED BY SEAGIS PROPERTY GROUP TO MANAGE 1.7 MILLION SQ. FT. PROPERTY PORTFOLIO

Fort Lauderdale, FL  -- 27 February 2008 -- Berger Commercial Realty Corp. was recently retained by Philadelphia-based Seagis Property Group to manage their Broward County property portfolio acquisitions totaling 1.7 million sq. ft. of office and warehouse space. This portfolio includes Flamingo Park of Commerce, Parkway Commerce Center, Cooper City Commerce Center and Palm Crossings.

BERGER HANDLES SALE TRANSACTIONS TOTALING $7,825,360 FOR TWO LAND PARCELS IN FORT LAUDERDALE, FL.

Fort Lauderdale, FL-- 13 February 2008 -- Berger Commercial Realty Corp. has recently handled a total of $7,825,360 million sale transactions.

Berger Commercial Realty Corp.’s President, Lloyd C. Berger and Senior Vice President, St. George Guardabassi recently negotiated the $5,650,000 million sale of the land parcel located at SR-84 and SW 15th Avenue, Fort Lauderdale, Fl.  Berger Commercial Realty Corp. handled the sale transaction from Hibiscuss LLC, the seller to First Lauderdale Investments, Inc., the buyer. 

BCRC’s Senior Vice President, St. George Guardabassi recently negotiated the sale of 2.424 acres of land located at NW corner of US-1 and I-595, Fort Lauderdale, Florida for $2,175,360 million or $20.60 PSF.  Mr. Guardabassi represented the seller, Richard LaPointe in the transaction to buyer, Robovault.

BCRC HANDLES $3.6 MILLION SALE OF 820-880 NW 5th AVENUE, FORT LAUDERDALE

Fort Lauderdale, FL-- 31 December 2007 -- Berger Commercial Realty Corp.’s President, Lloyd C. Berger recently negotiated the $3.6 million sale of 820-880 NW 5th Avenue, Fort Lauderdale, Fl.

Berger represented the seller, M. Austin Forman, Trustee and Northwest 5th Avenue, Inc., in the sale to Northwest Fifth Avenue LLC, Lakeside Ranch Corporation, its member. Pat Montalbano from Montalbano Commercial Realty represented the buyer. BCRC leased and managed the property for the seller and was retained by Northwest Fifth Avenue LLC.

BERGER HANDLES $36.1 MILLION SALE

Fort Lauderdale, FL-- 5 September 2007 -- Berger Commercial Realty Corp.’s President, Lloyd C. Berger recently negotiated the $36.1 million sale of Flamingo Park of Commerce a 264,000 square foot property located at 11820-13000 Miramar Parkway, Miramar, FL.

Berger represented the seller, National Constructors in the sale to Seagis Property Group. BCRC leased and managed the property for the seller and was retained by Seagis. The seller retained building six of the park. National developed the property over the last six years.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES THREE NEW ASSOCIATES

FORT LAUDERDALE, Fla. –Berger Commercial Realty Corp., a full-service commercial realty brokerage and management firm in Fort Lauderdale, Fla., announces the hiring of three new associates.

2006 COSTAR’S POWER BROKER AWARD

Fort Lauderdale, FL - 9 April 2006- Berger Commercial Realty Corp. has been named among Broward County’s 2006 Costar Power Brokers by Costar Group, Inc. for leasing and sales.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES EXCLUSIVE CONTRACT WITH PLANTATION OFFICE INDUSTRIAL PARK

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp. has been retained as the exclusive leasing and marketing agent for Plantation Office Industrial Park, an office/warehouse property located at 1700 N.W. 65th Avenue in Plantation. Keith Graves and Patrick Conness of Berger Commercial Realty in Fort Lauderdale are the leasing agents.

BERGER COMMERCIAL REALTY ANNOUNCES LEASING TRANSACTIONS

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp. announces the following leasing transactions 

BERGER COMMERCIAL REALTY ANNOUNCES LEASE RENEWALS

FORT LAUDERDALE, Fla. – Lloyd C. Berger, principal of Berger Commercial Realty Corp. represented the landlord, Newtown Commerce Center, in the renewal of the following three lease transactions in Davie, Fla.

BERGER COMMERCIAL REALTY ANNOUNCES LEASING TRANSACTIONS

FORT LAUDERDALE, Fla. – Keith Graves, principal of Berger Commercial Realty Corp. represented the landlord, Flamingo Park of Commerce II Ltd., in the leasing of the following four transactions

GORDON LUNT JOINS BERGER COMMERCIAL REALTY CORP. AS SALES ASSOCIATE AND DEVELOPMENT MANAGER

FORT LAUDERDALE, Fla. – Gordon Lunt has joined Berger Commercial Realty Corp., a full-service commercial realty brokerage and management firm in Fort Lauderdale, Fla., as sales associate and development manager.

REESE STIGLIANO JOINS BERGER COMMERCIAL REALTY CORP. AS PRINCIPAL

FORT LAUDERDALE, Fla. – Reese Stigliano has joined Berger Commercial Realty Corp., a full-service commercial realty brokerage and management firm in Fort Lauderdale, Fla., as principal.

BERGER COMMERCIAL REALTY ANNOUCES LEASING TRANSACTIONS

FORT LAUDERDALE, Fla. – Berger Commercial Realty Corp. announces the following leasing transactions.

BCRC RECENTLY NEGOTIATED 31,036 SF LEASE TRANSACTION

Berger Commercial Realty Corp. has recently negotiated 31,036 square foot lease transaction.

BERGER HANDLES $26.5 MILLION SALE OF THE INTERNATIONAL BUILDING

Fort Lauderdale, FL-- 11 September 2006 -- Berger Commercial Realty Corp. President, Lloyd Berger recently negotiated the $26.5 million sale of the 165,000 square foot International Building located at 2455 E. Sunrise Blvd., Fort Lauderdale, FL.

BERGER COMMERCIAL REALTY CORP. ANNOUNCES RECENT TRANSACTIONS TOTALING 98,832 SQUARE FEET

Berger Commercial Realty Corp. has recently negotiated 98,832 square feet of lease transactions.

BERGER NAME CHANGE REFLECTS EXPANDED SERVICES

Berger Realty Corp. has announced a corporate name change to Berger Commercial Realty Corp.

BERGER HANDLES $13.5 MILLION SALE OF

Berger Commercial Realty Corp. President, Lloyd Berger recently negotiated the $13,500,000 sale of the 45,623 square foot office building located at 900 S.E. 3rd Avenue in Fort Lauderdale.

DANIELLA VERAS JOINS BERGER COMMERCIAL REALTY CORP.

Daniella Veras has joined Berger Commercial Realty Corp. as Sales Associate. “Our portfolio is expanding and, as we remain committed to servicing our clients at the highest level, so is our staff. We’re proud to have Daniella join us,” said Keith Graves, Berger Vice President.

BERGER COMMERCIAL REALTY CORP EXPANDS PROPERTY MANAGEMENT STAFF

Berger Commercial Realty Corp. has expanded its property management division with the appointments of Susan Ajemian and Armando Ramirez.

BERGER HANDLES PRO BONO PROJECT FOR RED CROSS

Berger Commercial Realty Corp. handled a 50,000 square foot lease of a warehouse/distribution facility for the American Red Cross.

BERGER HANDLES $10 MILLION SALE OF PARKWAY COMMERCE CENTER

Berger Commercial Realty Corp., President, Lloyd Berger recently negotiated the $10 million sale of the 239,568 square foot Parkway Commerce Center in Fort Lauderdale.

BERGER REALTY CORP. NEGOTIATES $7.45 MILLION SALES TRANSACTION

Lloyd Berger, President of Berger Realty Corp., represented Dixie Southland Corp. in its sale of Harbor Place for $7,450,000.

BERGER REALTY CORP. TO MANAGE AND LEASE CYPRESS CORNERS

Berger Realty Corp. has been awarded the management and leasing contract for Cypress Corners, a 42,980 square foot professional office/medical building at 2900 West Cypress Creek Road in Fort Lauderdale.

KEITH GRAVES JOINS BERGER REALTY CORP

 

BERGER REALTY CORP. ANNOUNCES SALES TRANSACTIONS TOTALING $8.4 MILLION

Berger Realty Corp. broker Anthony Bordonaro represented Executive Associates LLC in the $8.4 million sale of the 88,800 square foot Executive Courts @ Inverrary.

BERGER COMMERCIAL REALTY CORP AWARDED LEASING AND MANAGEMENT OF PALMETTO EXPRESSWAY BUSINESS PARK

Berger Commercial Realty Corp. has been awarded the Sales Listing and Property Management contract for the 198,506 square foot Palmetto Expressway Business Park in Miami Gardens.