FORT LAUDERDALE, Fla.- Berger Commercial Realty brokers Steve Hyatt and Greg Milopoulos recently facilitated the sale of a Pompano Beach office building for $460,000. Hyatt represented KMG Holdings, LLC in the purchase of the 3,297-square-foot building from Harry D. Dennis Jr., who was represented by Milopoulos.
“In a market with limited available assets, property owners are willing to pay a slight premium for potential long-term assemblage. Therefore, this deal was particularly rewarding for both parties,” said Milopoulos.
Situated on a 6,098-square-foot lot just east of Dixie Highway and west of US1, the single story office building provides convenient access to I-95 and A1A, as well as Pompano Beach Airpark, local restaurants and beaches.
“Its location offers ideal exposure on Atlantic Boulevard and is easily accessible from anywhere in Broward County,” said Milopoulos.