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Berger Commercial Realty Brokers $2.35 Million Sale of Simon’s Sportswear Building in Miami

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FORT LAUDERDALE, Fla. (July 11, 2019) – Berger Commercial Realty/CORFAC International Sales Associate Lawrence Oxenberg recently represented SIMONS PROPERTY 163, LLC in the $2.35 million sale of the Simon’s Sportswear building in Miami.

Located at 698 N.E. 167th Street, the 5,579-square-foot freestanding retail building was purchased by PEBB Acquisitions, LLC, a subsidiary of the Boca Raton-based real estate investment and development firm PEBB Enterprises.

“This building is especially attractive due to its location,” Oxenberg said. “Situated at the corner of N.E. 167th Street and N.E. 7th Ave., the property offers excellent accessibility, visibility and prominent building signage fronting N.E. 167th Street (State Road 826). This property is also located in a desirable path of change with several significant nearby retail redevelopment projects currently planned and underway.”

For more information about Berger Commercial Realty’s brokerage services, call 954-358-0900.

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

About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with global affiliates, CORFAC International has 60 North American offices and 20 offices in global markets. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions totaling approximately 500 million square feet of space valued in excess of $8.5 billion in 2015. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.

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