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Berger Commercial Realty Broker Steve Hyatt Closes $2.4 Million Purchase

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Retail building located in Sunrise is triple-net leased by Tires Plus

FORT LAUDERDALE, Fla. (January 21, 2015) – Berger Commercial Realty Senior Vice President Steve Hyatt recently represented the Village Shoppes at LHP, LLC in purchasing a 5,128-square-foot retail building in Sunrise from Heyward Family Business, L.P. for more than $2.4 million.

Located at 2625 North University Drive, the building has been triple-net leased by Tires Plus, a subsidiary of Bridgestone, since it was built in 2000.

Prior to joining Berger Commercial Realty in 2008, Hyatt served for 12 years as Vice President of Corporate Development at AutoNation, where he was responsible for the acquisition and disposition of more than 175 automobile dealerships in 17 states. Using his automotive background and expertise, Hyatt has worked with numerous automotive retailers and manufacturers across the country to meet their real estate needs, including Holman Automotive, Audi Fort Lauderdale, Audi Coral Springs and the Phil Smith Automotive Group.

About Berger Commercial Realty

Berger Commercial Realty is a regional, full service commercial real estate firm based in South Florida. Independent and privately owned since its founding in 1998, the firm is a member of TCN Worldwide, a network of independent commercial real estate firms providing global integrated real estate solutions. The firm’s property management and brokerage services include tenant/landlord and buyer/seller representation; project and construction management; agency/project leasing; capital advisory/investment sales; retail services and more. For more information, visit bergercommercial.com.

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