FORT LAUDERDALE, Fla. – Berger Commercial Realty, a full service commercial real estate firm based in South Florida, recently closed the sales of three properties for a total of more than $10 million.
Taft Office Complex Building
Berger Commercial Realty Vice President Joseph Byrnes represented Poal Wk Taft, LLC in the $6.1 million sale of 6565 Taft Street in Hollywood. The four-story, 50,000-square-foot office building is the last and largest of nine office buildings to be sold from the Taft Office Complex, which spans several blocks from 6363 to 6565 Taft St. Built in the late 1980s, the building is currently 90 percent occupied. Infinity Insurance, City College, and the United States government are key tenants. “This asset drew a great deal of interest from the moment we put it on the market. A contract for the sale was secured in less than 60 days,” Byrnes said. “With well designed floor plans and abundant parking, the property has and will continue to have high-quality tenants with long-term leases.”
Gateway Industrial Center
Berger Commercial Realty President Lloyd Berger and broker Keith Graves represented 6500 NW 15th Ave., LLC in selling the Gateway Industrial Center to Gateway Park Holdings, LLC, represented by Alan Levy of Levy Realty Advisors. The property, which includes 28,150 square-feet of warehouse space, sold for $2.1 million. Located at 6500 NW 15th Ave. in Fort Lauderdale, the Gateway Industrial Center features grade-level and dock-high loading, clear ceiling heights of 19 feet, three-phase power and ample parking. It is located in the heart of South Florida’s tri-county market within minutes of Florida’s Turnpike, I-95 and Fort Lauderdale Executive Airport. “This sale is representative of continued interest in well positioned industrial properties in Broward County,” Berger said. “Location-savvy investors see a property like the Gateway Industrial Center as an ideal market-entry acquisition or a promising addition to an existing portfolio.”
Andrews Office Centre
Berger Commercial Realty Broker Associate Roxanna Collins represented South Andrews Investments, LLC in purchasing the Andrews Office Centre from Fort Lauderdale Investments. Located at 1777 S. Andrews Ave. in Fort Lauderdale, the 13,000-square-foot property sold for $2.2 million. The three-story office building, built in 1981, is within minutes of downtown Fort Lauderdale, Broward General Hospital, the Fort Lauderdale International Airport, and Port Everglades. The building features professional tenants, ample parking and easy access to multiple forms of public transportation. It is situated just south of S.E. 17th Street on a future New Wave Streetcar route.